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Awarded contract·Alaska Energy Authority·Alaska

AIDEA/AEA Investment Advisory Services

Won by Callan, LLC$225kAwarded 10/16/2019Single Award
Contract source

Awarded vendors

  • Callan, LLC

Description

This contract awards investment‑advisory services to Callan LLC for the Alaska Industrial Development and Export Authority (and the Alaska Energy Authority). The contractor will provide ongoing monitoring of AIDEA’s investment policy, quarterly performance measurement, reporting to the Board, and ad‑hoc special‑project analyses such as policy revisions, manager‑selection assistance, and bespoke investment studies. The work is split into a fixed‑price quarterly “routine” fee (capped at $112,500 per year) and a time‑and‑materials component for special projects, with a two‑year base period and up to three two‑year renewals. Key responsibilities include: • Quarterly performance reporting (PDF plus 25 hard‑bound copies) and annual Board presentations. • Monitoring compliance with AIDEA’s investment policy, including asset‑allocation limits, rating thresholds, and duration constraints. • Supporting the Authority in manager selection, policy updates, and special investment analyses. • Providing market‑trend updates and advisory communications (phone, email, briefings).

Attached files

Key dates

Bids closed
10/9/2019
Intent to award
10/16/2019
Awarded
10/16/2019
Starts
11/1/2019
Ends
11/1/2021Renews
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523920
Solicitation №
RFP 20014

Contract value

$225,000

The RFP caps the total contract ceiling at $900,000 for the full eight‑year potential period and limits annual pricing to $112,500. Since the base award is for two years, a reasonable estimate is roughly half of the maximum—about $225,000 (i.e., $112,500 × 2). This accounts for the fixed‑price quarterly services plus a modest amount for anticipated special‑project work. The figure also aligns with typical market rates for a mid‑size investment‑advisory firm providing similar services to a $500 M portfolio.

AI estimate from the award documents

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