Texas DIR/ESBD #204-07312026

Solicitation for Investment Advisory Services for Brushy Creek Municipal Utility District

Brushy Creek Municipal Utility District (BCMUD) in Round Rock, Texas is seeking qualified firms to provide Investment Advisory Services for the management of public funds. - Government Buyer: - Brushy Creek Municipal Utility District (BCMUD), Accounting Manager: Monica Henderson - Services Requested: - Investment Advisory Services compliant with the Texas Public Funds Investment Act (PFIA) - Key tasks include: - Development of investment strategies and portfolio management - PFIA compliance support and quarterly PFIA-compliant reporting - Training for investment officers - Economic and market analysis - Cash flow and liquidity analysis - Audit and compliance assistance - Cybersecurity and business continuity support - Requirements: - Firm must act in a fiduciary capacity and provide independent, objective advice - Must be a Registered Investment Adviser (RIA) with the SEC or Texas State Securities Board - At least 10 years of experience serving Texas public entities, especially municipal utility districts - Demonstrated expertise in PFIA compliance, reporting, and training - No specific OEMs or product part numbers are referenced, as this is a professional services solicitation

Description

Brushy Creek Municipal Utility District (BCMUD) is soliciting Statements of Qualifications and proposed contracts from qualified firms to provide Investment Advisory Services compliant with the Texas Public Funds Investment Act (PFIA). The selected firm will act in a fiduciary capacity, providing independent and objective advice focused on safety, liquidity, and yield for public funds management. Services include investment strategy development, PFIA compliance support, reporting, training, economic analysis, cash flow analysis, audit assistance, and cybersecurity measures. The solicitation emphasizes experience with Texas public entities, particularly municipal utility districts, and requires firms to demonstrate PFIA expertise and regulatory compliance.

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