Project Information

Bid Title

Municipal Investment Advisory and Portfolio Management Services

Issuing Agency

City of Hayward

Location

California

Published Date

Apr 9, 2025

Closing Date

May 2, 2025

Government Level

State & Local

Status

Closed

Ref. #

25-043

Original Source

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Bid Documents

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Project Description

Project ID: 25-043

Title: Municipal Investment Advisory and Portfolio Management Services

Addenda: 0

Release Date: 4/9/2025

Due Date: 5/2/2025

Post Information

Posted At:Wed, Apr 9, 2025 4:19 PMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No

Overview

Summary

NOTICE IS HEREBY given that the City of Hayward invites sealed proposals for 25-043 Municipal Investment Advisory and Portfolio Management Services . Each proposal shall be in accordance with the general provisions for purchase of work and services on file in the office of the Finance , 777 B Street , Hayward , CA 94541-5114 . All proposals must be submitted to the City's eProcurement Portal by 6:00 pm on Friday, May 2, 2025 and clearly identified with RFP title, number, company name and due date. It is the sole responsibility of the proposing firm to ensure that proposals are received prior to the closing time, as late bids will not be accepted and deemed nonresponsive.

Background

The City is governed by a City Council / City Manager form of government. The City Council is made up of six members plus a mayor that serves as the head of the City Council. The City Council appoints a City Manager to oversee the City’s twelve departments.

Background Summary

• Population:155,675
• Number of Employees: 790.45
• Annual City Operating Budget (including General Fund): $239,923 M
• Annual General Fund Budget: $123,524 M
• Annual City Capital Budget: $106 M
• Fiscal Year: July 1 – June 30
• Number of Departments:14
• Governance Structure: City Council / City Manager
• Utility Customers: 34,000
• MOUs: 7
• Housing Units: 48,000

Additional information regarding the City of Hayward may be obtained at: http://www.hayward-ca.gov

Timeline

Release Project Date:

April 9, 2025

Question Submission Deadline:

April 18, 2025, 6:00pm

Question Response Deadline:

April 28, 2025, 4:30pm

Submission Deadline:

May 2, 2025, 6:00pm

Interview (finalist):

May 8, 2025

Recommendation to Council         (Mandatory):

June 3, 2025

Hayward City Council

Commodity Codes

• NAICS 523920Portfolio Management
• NAICS 541611Administrative Management and General Management Consulting Services
• NAICS 541618Other Management Consulting Services

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