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Awarded contract·The Metropolitan District·Connecticut

Pension & Post Employment Trust ("OPEB") Investment Consulting Services

Won by Dahab Associates, Inc.$300kAwarded 8/1/2021Single Award
Contract source

Awarded vendors

  • Dahab Associates, Inc.

Description

The Metropolitan District (MDC) issued an RFP for OPEB investment consulting services, seeking a qualified firm to review and update its pension and post‑employment trust investment policies, asset allocation strategies, and to conduct an investment manager search. The solicitation opened on 22 April 2021, with a bid deadline of 28 May 2021, and the contract was awarded on 1 August 2021 to Dahab Associates, Inc. The work involves comprehensive consulting, data analysis, policy revision, and vendor selection for investment management. • Scope: Policy review, asset allocation redesign, and investment manager search for MDC’s pension & OPEB trusts. • Award: Single‑award to Dahab Associates, Inc.; no competing awardees. • Timeline: RFP released 22 Apr 2021, proposals due 28 May 2021, award issued 1 Aug 2021.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
5/28/2021
Intent to award
8/1/2021
Awarded
8/1/2021
Starts
8/1/2021

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
523920
Solicitation №
2021R-03

Contract value

$300,000

No explicit dollar amount is disclosed. Typical consulting engagements of this scope for a municipal utility of MDC’s size often range from $150,000 to $500,000, depending on hours, deliverables, and the depth of the investment‑manager search. Given the comprehensive policy overhaul and manager selection components, a mid‑range estimate of roughly $300,000 is reasonable.

AI estimate from the award documents

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