Award
Guilford County NC MUNIS #20143
Investment Advisor and Management Services
Recipient
Chandler Asset Management, Inc.
Award Amount
$300,000.00
Ceiling
$300,000.00
Awarded
February 21, 2024
Identifier
20143
The Guilford County Purchasing Department in Greensboro, North Carolina, has awarded Chandler Asset Management, Inc. a contract for investment advisory and management services, including portfolio management, securities transactions, cash flow analysis, and investment reporting. The contract is initially for three years with options to renew for two additional years, totaling up to five years, with an obligated amount of $300,000. The services require the vendor to be SEC-registered, have a presence in North Carolina, and experience with local government investments. The contract emphasizes MWBE participation with an aspirational goal of 15%, and the services exclude custodial or security safekeeping. The award was made through an RFP process, with the contract effective upon signing, and the county will monitor compliance with insurance, legal, and E-Verify requirements.
Description
Contract for Investment Advisor and Management Services awarded to Chandler Asset Management, Inc. by Guilford County, North Carolina. The contract includes nondiscretionary investment advisory and management services for the County's investment portfolio.