City of Chula Vista Non-Discretionary Investment Portfolio Management Services

Project Title City of Chula Vista Non-Discretionary Investment Portfolio Management Services Invitation # RFP P13-2023 Bid Posting Date 11/23/2022 3:04 PM (PST) Project Stage Bidding Bid Due Date 01/10/2023 12:00 PM (PST) Response Format Electronic Project Type RFP (Request for Proposal) Response Types Response File General Conditions (required) Exhibit A Questionnaire and Fee Proposal (required) General Attachment General Attachment Type of Award Lump Sum Categories 94600 - Financial Services License Requirements Department Purchasing Address 276 Fourth Avenue Chula Vista, California 91910 County San Diego Bid Valid Liquidated Damages Estimated Bid Value Start/Delivery Date Project Duration Bid Bond Bid Bond 0.00% Payment Bond 0.00% Performance Bond 0.00% Pre-Bid Meeting Information Pre-Bid Meeting No Online Q&A Online Q&A Yes Q&A Deadline 12/05/2022 3:00 PM (PST) Contact Information Contact Info Victor De La Cruz 619-409-5959

href="mailto:vdelacruz@chulavistaca.gov">vdelacruz@chulavistaca.gov Bids to Owner's Agent Description Scope of Services The City of Chula Vista is seeking competitive proposals from experienced and qualified firms to provide non-discretionary investment portfolio management services. The City desires to contract for services with a firm registered with the Securities and Exchange Commission (SEC) under the Investment Adviser’s Act of 1940 who will present performance numbers in accordance with the CFA Institute’s Global Investment Performance Standards (GIPS). The selected firm will be expected to act in a fiduciary capacity and manage the City’s portfolio in conformance with the California Government Code and the City’s Investment Policy. Additionally, the selected firm will have no record of unsatisfactory performance as evidenced by complaints filed with the SEC or any federal or state agency with jurisdiction over the services provided by the firm. The firm selected as the investment manager and its affiliates will be restricted from selling to the City, or buying from the City, any securities to or from that firm’s own inventory or account. The investment manager shall act solely in a fiduciary capacity and shall not receive any fee or compensation based upon the purchase or sale of securities but, rather, the investment manager will be compensated pursuant to the provision of its contract with the City. As of October 31, 2022, the City’s managed investment portfolio had a par value of approximately $507,438,425 and a market value of $484,766,464. The City uses The Bank of New York Mellon as its safekeeping financial institution. The contract will be for an initial period of three (3) years and may be extended year-to-year for up to a total of five (5) years. Other Details Notes Special Notices Local Programs & Policies Place eBid