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Basic Information

Reference Number

0000196766

Issuing Organization

City of Hillsdale

Solicitation Type

RFQ - Request for Qualifications (Formal)

Solicitation Number

2018-02

Title

Municipal Investment Advisor

Source ID

PU.AG.USA.1035473.C9369476

Details

Location

United States, Michigan, Hillsdale County

Delivery Point

97 N. Broad Street
Hillsdale, Michigan
United States 49242

Purchase Type

Term: 10/01/2018 12:00 AM EDT - 06/30/2021 12:00 AM EDT

Piggyback Contract

Description

The City of Hillsdale, Michigan is soliciting proposals from investment advisory firms for portfolio management services for approximately $14 million in operating and capital funds (non-pension funds). The contract will be for a period of 3 years with service to begin October 1, 2018 and extend through June 30, 2021. A contract extension of two years, concluding June 30, 2023, will be executable with consent of both the City and the consultant. The City will consider starting the contract prior to October 1, 2018.

Dates

Publication

08/08/2018 03:44 PM EDT

Question Acceptance Deadline

08/24/2018 05:00 PM EDT

Questions are submitted online

Closing Date

08/30/2018 05:00 PM EDT

Contact Information

Bonnie Tew

517-437-6446

btew@cityofhilldale.org

Buyer Preferences, Guidelines & Requirements

Award Requirements

- All or None Award

Bid Submission Process

Bid Submission Type

Electronic or Physical Bid Submission

Pricing

Lump sum

Bid Documents List

Item Name	Description	Mandatory	Limited to 1 file
Bid Documents	Documents defining the proposal	No	No
No entries

Additional Bidding Instructions

Proposals may be submitted by email to City Clerk at sfrench@cityofhillsdale.org or by mail to:

The City of Hillsdale
Investment Manager Proposals
97 Broad Street
Hillsdale, MI 49242

Proposals must be received by 5:00 pm on August 30, 2018. The City will not be liable to any consultant for any unforeseen circumstances, delivery, or postal delays. Postmarking on the due date will not substitute for receipt of the proposal. Consultants are responsible for submission of their proposal. Additional time will not be granted to a single consultant, however additional time may be granted to all consultants at the discretion of the City.