Opportunity
North Carolina eVP #274-2027-CTYQuestionnaire
City of Raleigh Solicits Broker/Dealer Firms for Investment Pool Qualification
Posted
September 23, 2026
Respond By
October 14, 2026
Identifier
274-2027-CTYQuestionnaire
NAICS
523120, 523110, 523940
The City of Raleigh Finance Department - Treasury Services is seeking qualified broker/dealer firms to join its approved Broker/Dealer Investment Pool for managing a $1.8 billion investment portfolio. - Government Buyer: - City of Raleigh, Finance Department - Treasury Services - Contact: Laura Broda, Investment & Cash Manager - Scope of Services: - Qualification and evaluation of broker/dealer firms for inclusion in the City's investment pool - Support for trading and managing U.S. Treasury and Agency obligations, bank accounts, money market accounts, and investment pools - Compliance with North Carolina General Statutes and the City's Investment and Portfolio Policy - Requirements for Respondents: - Demonstrate qualifications, experience, regulatory standing, and financial condition - Provide audited financial statements and proof of NASD certification (unless a bank) - Certify review of the City's investment policy and relevant statutes - Notable Details: - Up to five firms will be selected for a five-year period - Firms may be removed for non-compliance or performance issues - No specific OEMs or product part numbers; focus is on financial services - Portfolio Size: - Approximately $1.8 billion in assets
Description
The City of Raleigh is seeking qualifications from broker/dealer firms to be included in its approved Broker/Dealer Investment Pool. The City manages an investment portfolio of approximately $1.8 billion, primarily consisting of U.S. Treasury and Agency obligations, bank accounts, money market accounts, and investment pools. The purpose of this solicitation is to establish a pool of no more than five broker/dealers qualified to support the City's investment activities in accordance with North Carolina law and the City's Investment and Portfolio Policy. The approved pool period is five years, with the possibility of removal for non-compliance or performance issues.