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Nevada Treasurer's Office·Nevada

Solicitation Waiver, Continued Invest Service SSOF/NCIC

Closes 4/23/2024$500k – $2.5MSole Source
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Description

The State Treasurer's Office is seeking a non-competitive contract with Hamilton Lane for continued investment services related to the Silver State Opportunity Fund (SSOF). The contract will involve the management of existing investments, liquidation, and further capitalization of investments. The vendor will also provide administration, legal, and accounting services. The contract is expected to start on August 1, 2024, and end on July 31, 2029. • The contract is for investment management services for the SSOF. • The vendor will provide administration, legal, and accounting services. • The contract is expected to start on August 1, 2024, and end on July 31, 2029. • The contract is non-competitive, and the vendor has been selected based on their experience and qualifications. • The contract value is not specified, but it is expected to be paid from investment earnings in the permanent school fund.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Cindy Stoeffler(Purchasing Agent)

[email protected]

(775) 684-0173

Key dates

Opened
4/12/2024
Closes
4/23/2024
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Financial Services
NAICS
523920
Solicitation №
05TO-S2804

Budget estimate

$500,000 – $2,500,000

The contract value is not specified, but it is expected to be paid from investment earnings in the permanent school fund. Based on the information provided, it is difficult to estimate the exact budget, but it is likely to be in the range of $100,000 to $500,000 per year, considering the scope of work and the duration of the contract. The total budget for the 5-year contract could be in the range of $500,000 to $2,500,000.

AI estimate from the solicitation

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