Project Information

Bid Title

Public Safety Pension Board Independent Custodian

Issuing Agency

City of Winter Park

Location

Florida

Published Date

Dec 4, 2025

Closing Date

Jan 2, 2026

Government Level

State & Local

Status

Closed

Ref. #

RFP26-7

Original Source

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Bid Documents

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Project Description

Project ID: RFP26-7

Title: Public Safety Pension Board Independent Custodian

Addenda: 0

Release Date: 12/4/2025

Due Date: 1/2/2026

Post Information

Posted At:Thu, Dec 4, 2025 5:30 PMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No

Overview

Summary

The City of Winter Park, on behalf of the Police Officers’ and Firefighters’ Retirement Boards, is soliciting proposals from qualified financial institutions to provide custodial banking services for the management and safekeeping of pension plan assets.

The selected Custodian will serve as a Qualified Public Depository (QPD) in accordance with Chapter 280, Florida Statutes, and will be responsible for all custody, settlement, and reporting functions related to the Boards’ investment portfolios.

Services include safekeeping of assets, trade settlement, income collection, disbursement of benefits, record maintenance, and preparation of monthly and annual reports. The Boards seek a financially stable, FDIC- or NCUA-insured institution capable of delivering secure, accurate, and cost-effective custodial services.

Timeline

Release Date:

December 4, 2025

Proposal Submission Deadline:

January 2, 2026, 2:00pm

Commodity Codes

• NAICS 541611Administrative Management and General Management Consulting Services
• NAICS 541690Other Scientific and Technical Consulting Services

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