Opportunity
CanadaBuys #AB-2026-04310
Town of Innisfail Solicits Investment Portfolio Management Services
Posted
June 08, 2026
Respond By
July 03, 2026
Identifier
AB-2026-04310
NAICS
523940
The Town of Innisfail is seeking professional investment portfolio management services for its available municipal funds. - Government Buyer: - Town of Innisfail, Alberta, Canada - Services Requested: - Investment portfolio management services for municipal funds - Adherence to the Town's Investment Policy and relevant legislation - Focus on safety of principal, liquidity, diversification, and appropriate rate of return - Requirements: - Providers must be qualified investment advisors or financial institutions - Services must comply with prudent investment practices - Open competitive bidding under the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) - Classified under UNSPSC codes for investment advice, financial and insurance services, banking and investment, investment advisers, investment analysis, and investment agreements - Contract Details: - Estimated duration of 60 months - No specific OEMs or vendors are named in the notice
Description
The Town of Innisfail is seeking proposals from qualified investment advisors or financial institutions to provide investment portfolio management services for the Town's available funds. The objective is to ensure investments are managed in accordance with the Town's Investment Policy, applicable legislation, and prudent investment practices while maintaining safety of principal, liquidity, diversification, and an appropriate rate of return. The contract duration is estimated to be 60 months starting from July 27, 2026. The procurement method is competitive open bidding under the Canada-European Union Comprehensive Economic and Trade Agreement (CETA).