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Massachusetts Bristol Community College·Massachusetts

M-07-27 Investment Advisory Services

Closes 11/12/2026$250k – $3MRequest for Proposal
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Description

Bristol Community College is seeking a qualified investment‑advisory firm to provide comprehensive advisory services for its endowment and other investment assets. The vendor must deliver portfolio construction, manager selection, ESG/mission‑aligned investing guidance, ongoing performance reporting, and fee proposals, all in accordance with the college’s investment policy. The contract will begin February 1 2027 and run for an initial 15‑month term, with up to four optional one‑year extensions based on performance and funding.

Attached files

Contact

Philicia Pacheco(Director of Purchasing and Business Services)

[email protected]

(508) 678-2811

Key dates

Opened
10/22/2026
Questions due
10/29/2026
Closes
11/12/2026
Projected award
12/7/2026
Duration
15 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523920
Solicitation №
BD-27-1381-BCC01-BCCFR-134721

Budget estimate

$250,000 – $3,000,000

The contract is fee‑based; typical investment‑advisory fees for institutional clients range from 0.5 % to 1.5 % of assets under management annually. Assuming the college’s investable assets are between $50 million and $200 million, annual fees could range from $250 k to $3 million. Since the initial term is 15 months, the total budget is roughly $300 k–$4.5 million, depending on the asset base and fee structure negotiated.

AI estimate from the solicitation

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