Government Contract | Texas
Request for Proposals Investment Broker/Dealers

Bid Information


Bid Alert No: 00002695049

Bid Title: Request for Proposals Investment Broker/Dealers

Agency Bid No. Title: FA2021-01

Received Date: 07/26/2021

Close Date: 08/24/2021

Purchase Type: Not Stated

Delivery Point: Richmond, Texas

Delivery Date: Not Stated

Special Notices: Questions Due By 08/09/2021 04:00 PM, Bidder Preregistration

Specifications

Specifications include, but are not limited to: To ensure that the broker/dealers selected to represent investment products to the City are qualified professionals with experience in public funds investing. To provide a competitive process for the selection of broker/dealers for the City.To limit the need to represent investment products that may not be appropriate for the City's investment goals.To limit the number of approved broker/dealers to no more than six. To ensure that the broker/dealers representing investment products to the City completely understand the City's investment policies, goals, and objectives.In order to reach these goals, the City is seeking broker/dealers that:Have good reputations as broker/dealers and are working with firms that also have good reputations. Are able to work within the constraints of the City's Investment Policy and Strategy. Offer competitive pricing and quick response time to requests for offers & bids. Provide an overall good service to the City.Clearly understand state statutes and local policy regarding public funds investment.

Bid Related Documents

Download Document

Product Code: 94656

Agency Information


Issuing Agency: City of Richmond

State: Texas

Agency Type: State and Local

Contact: Justin Alderete 402 Morton St., Richmond, Texas, 77469

Email: jalderete@richmondtx.gov

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