Vallejo Planet bids #144095

City of Vallejo Solicits Investment Management Services for Public Funds

The City of Vallejo Finance Department is seeking proposals from qualified firms to provide investment management services for its public funds. - Government Buyer: - City of Vallejo, Finance Department - Services Requested: - Comprehensive investment management services for operating funds - Discretionary investment trades in accordance with City policy and California statutes - Cash flow and maturity analysis - Portfolio monitoring and creditworthiness assessment - Performance measurement and monthly/quarterly reporting - Annual review and recommendations for the City's Investment Policy - Regular communication with City staff and oversight committees - Key Requirements: - Firm must be registered with the SEC - At least 10 years of experience managing public funds for California entities - Minimum of $200 million in assets under management - Contract term is three years, with either party able to terminate with 30 days' notice - Non-exclusive contract (City may engage other firms as needed) - Notable Potential Vendors: - Chandler Asset Management - Floral Park Consulting - GovGuide - GRLM - Sabrina Ticer-Wurr - U.S. Bancorp Asset Management - No specific products or part numbers are involved, as this is a professional services solicitation

Description

The City of Vallejo is seeking proposals from qualified investment management firms to provide investment management services. The scope includes advising on investment management of operating funds, cash flow analysis, discretionary investment management, monitoring portfolio performance and creditworthiness, and providing regular reports. The contract is not exclusive, allowing the City to obtain services from other firms. Proposals must be submitted electronically by August 12, 2026.

View original listing