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  5. ›RQ16025: Investment Advisory Services

Awarded contract·Cuyahoga County·Ohio

RQ16025: Investment Advisory Services

$2MSingle Award
Contract source

Description

The Cuyahoga County Treasurer’s Office issued a formal Request for Proposals (RFP RQ16025) seeking professional investment‑advisory services for a two‑year period beginning in 2026. The solicitation was posted on April 11 2025, with a pre‑proposal telephone conference on April 21 and a final bid deadline of May 12 2025. Interested firms must become “plan‑holders” by contacting the County Purchasing Department to receive the full RFP packet. Submissions could be made either by hard‑copy mail or electronically via the county’s INFOR Supplier Portal. The contract’s anticipated performance window runs from January 1 2026 through December 31 2027, but the notice does not disclose the budget ceiling, evaluation criteria, or specific deliverables. The procurement is administered through full and open competition, with no set‑aside designations noted. The award status is listed as “Awarded” in the portal, yet the winning vendor’s identity is not published in the available documents. • Scope: Provide investment‑advisory expertise (asset allocation, portfolio management, performance reporting) to the County Treasurer’s Office. • Submission: Mail to 2079 East 9th St., Cleveland, OH 44115 or upload via the INFOR portal; deadline May 12 2025, 11 a.m. • Contact: Paul J. Porter, Director, Department of Purchasing – (216) 443‑7200.

Attached files

Key dates

Bids closed
5/12/2025
Contract modified
4/25/2025
Starts
1/1/2026
Ends
12/31/2027
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523930
Solicitation №
6383

Contract value

$2,000,000

The notice provides no budget figure. Typical county‑level investment‑advisory contracts for a two‑year term range from a few hundred thousand dollars to several million, depending on portfolio size and service depth. Assuming a mid‑size county with a $500 million investment portfolio, an advisory fee of roughly 0.4 % of assets under management per year would equate to $2 million annually, or $4 million for the full term. Given the lack of disclosed ceiling, a conservative ball‑park estimate of $2 million total (about $1 million per year) is reasonable for budgeting and market‑comparison purposes.

AI estimate from the award documents

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