Government Contract | California
Operational Due Diligence Provider

Bid Information

Bid Alert No: 00000562746

Bid Title: Operational Due Diligence Provider

Agency Bid No. Title: Not Stated

Received Date: 05/06/2016

Close Date: 06/17/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated


Specifications include, but are not limited to:The Operational Due Diligence (O.D.D.) Service Provider (Provider) will conduct an independentevaluationofselected O C E R S a l t e r n a t i v e i n v e s t m e n t m a n a g e r s . T h e P r o v i d e r w i l l w o r k c l o s e l y w i t h O C E R S s t a f f a n d i n v e s t m e n t c o n s u l t a n t s t o c o n d u c t a detailed review of the internal controls, investment operations, trading processes and controls, third-party service providers, personnel background checks, role of fund directors and regulatory reviews of selected investment managers. The Provider will work with staff on assigned duties and projects as an extension of staff and will report directly to the Chief Investment Officer (CIO). OCERS expects to hire one (1) or more O.D.D. service providers and will be interested to learn how best to configure this capability. We do not expect to engage O.D.D. reviews for all new investment mandates. The O.D.D. Provider must perform the following services: a. Review firms management and investment personnel. b. Perform b a c k g r o u n d c h e c k s o n f i r m s p r i n c i p a l s a n d k e y i n v e s t m e n t management personnel. c. Evaluate firms r e g u l a t o r y a n d c o m p l i a n c e r e c o r d s a n d r e v i e w a n y legal/regulatory actions. d. Review audited financial statement and evaluate any weaknesses. e. Review internal controls and compliance procedures and identify any weaknesses. f. Evaluate trading operations and controls

Bid Related Documents

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Product Code: 94620

Agency Information

Issuing Agency: Orange County Employees Retirement System (OCERS)

State: California

Agency Type: State and Local

Contact: Shanta Chary 2223 E. Wellington Ave., Suite 100, Santa Ana, California, 92701

Phone: 714-558-6226

Fax: 714-558-6236




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