Opportunity
Bell Opengov #252467
City of Bell RFP for Professional Investment Advisory Services
Posted
April 01, 2026
Respond By
May 02, 2026
Identifier
252467
NAICS
523940
The City of Bell, California, is seeking qualified firms to provide professional investment advisory services for its municipal investment portfolio. - Government Buyer: - City of Bell, Finance Department (City Clerk's Office) - OEMs and Vendors: - No specific OEMs or product vendors are mentioned; this is a service-based solicitation for professional investment management firms. - Products/Services Requested: - Full-time, non-discretionary management of the City's investment portfolio - Compliance with all applicable federal and California state laws - Development and implementation of investment strategies - Risk control and due diligence on brokers and financial institutions - Regular portfolio reporting (monthly, quarterly, annual) per GAAP and GASB standards - Training and advisory support for City staff - Assistance with cash flow projections, portfolio performance analysis, and presentations to City leadership - Unique or Notable Requirements: - Firms must have experience with municipal clients and demonstrate regulatory compliance - Robust reporting capabilities are required - Proposals must include detailed qualifications, references, fee schedules, and responses to a comprehensive questionnaire - Period of Performance: - Initial contract term of three years, with options for two additional one-year extensions at the City's discretion - Place of Performance: - City Hall, City of Bell, 6330 Pine Avenue, Bell, CA 90201
Description
The City of Bell, California, through its Finance Department, is soliciting proposals for professional investment advisory services. The scope includes full-time non-discretionary management of the City's investment portfolio, compliance with applicable laws, development of investment strategies, risk control, and regular reporting. The initial contract term is three years with options for two additional one-year extensions. Proposals are due by May 1, 2026, and inquiries can be directed to the Finance Director.