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CASH INVESTMENT MANAGEMENT SERVICES

The City of Boston, Massachusetts (the “City”), acting by and through its Chief Financial Officer and Collector-Treasurer (the “Official”), is requesting the submission of proposals (“Responses”) from firms qualified to provide investment management services (“Firms”) for a portion of the City’s cash portfolio, as more particularly set forth in the Request for Proposals (“RFP”).

 

The RFP shall be available on the City’s Supplier Portal at https://procurement.boston.gov on and after 12:00 p.m., Eastern Daylight Time, on April 16, 2024. The RFP shall be available up to the deadline for the submission of Responses as set forth below.

Each Firm’s Response shall be submitted no later than May 16, 2024 at 12:00 p.m., Eastern Daylight Time, via the City’s Supplier Portal at https://procurement.boston.gov. Responses shall be submitted in strict conformance with the provisions of the RFP.

Any contract executed pursuant to the RFP shall be for a period of one (1) year with two successive twelve-month options to renew, said options exercisable solely by the City at the City’s discretion. No exercise of an option for renewal or extension of the contract shall be subject to agreement or acceptance by the selected Firm. The entire contract term, including any options, shall not exceed three (3) years.

Ashley Groffenberger, Chief Financial Officer and Collector-Treasurer

 

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Massachusetts General Law

Seal of Massachusetts
Chapter 30B
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