Investment Advisory Services

Project Information

Bid Title: Investment Advisory Services
Issuing Agency: City of Norfolk
Location: Virginia
Published Date: Nov 21, 2024
Closing Date: Jan 9, 2025
Government Level: State & Local
Status: Closed
Ref. #: 10639-0-2025/KJO
Original Source: Join to Access Full Details
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Bid Documents: Join to Access Full Details
Project Description: Project ID: 10639-0-2025/KJO

Title: Investment Advisory Services

Addenda: 0

Release Date: 11/21/2024

Due Date: 1/9/2025

Post Information
Posted At:Thu, Nov 21, 2024 9:44 AMSealed Bid Process:Yes (Bids Sealed / Pricing Sealed)Private Bid:No

Overview

Summary

The purpose of this RFP is to solicit proposals from qualified contractors to provide investment management services for the City of Norfolk. These services will include, but will not be limited to, the investment of excess funds identified by the City, such as surplus operating funds and reserve funds. The primary objectives for the investment activities in order of priority, are safety, liquidity and yield.

Timeline

Release Project Date:

November 21, 2024

Question Submission Deadline:

January 3, 2025, 5:00pm

Proposal Submission Deadline:

January 9, 2025, 2:00pm
Commodity Codes: NAICS 523930Investment Advice
NAICS 541611Administrative Management and General Management Consulting Services
NAICS 541618Other Management Consulting Services

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