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

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Bid Documents

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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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