San Jacinto Community College Ionwave #RFQ #27-02

As-needed investment broker-dealer services for San Jacinto Community College District

San Jacinto Community College District seeks qualified investment broker-dealer firms to support its public-funds investment program on an as-needed basis. - Government buyer: San Jacinto Community College District (SJCCD), Contracts and Purchasing Services; Pasadena, Harris County, Texas. - Procurement: Pre-qualification of one or more investment broker-dealer firms. No selected firm, bidder, or required OEM is identified. - Services requested: - Monitor markets and economic conditions; provide analysis, pricing, and investment recommendations aligned with the College’s risk tolerance, liquidity needs, investment policy, and the Texas Public Funds Investment Act (PFIA). - Advise on permitted public-funds investments and applicable regulatory changes. - Obtain competitive bids and pricing, execute authorized transactions, confirm and support settlement, and disclose transaction compensation. - Provide transaction and portfolio information, including security identifiers, principal amounts, prices, yields, maturities, settlement details, and fees or other compensation. - Provide responsive customer service and maintain appropriate authorization, information-security, fraud-prevention, and business-continuity controls. - Portfolio context: The College’s portfolio is described as approximately $146 million to $225 million, including local government investment pools, cash, agency securities, and U.S. Treasuries. Named institutions and pools referenced in existing portfolio materials are Heartland, JPMorgan Chase Bank, East West Bank, Lone Star Investment Pool, TexPool, and BNY Mellon; these are not identified as respondents or awardees. - Qualifications and notable requirements: Firms must provide proof of Securities Investor Protection Corporation membership, Texas State Securities Board registration, a FINRA report and CRD number, current audited financial statements, proof of insurance, and a conflict-of-interest form. Responses also require relevant references, financial-capacity and tax-standing certifications, and recommendations consistent with applicable law and College policy. The attached generic professional-services contract template specifies at least $1 million in professional errors and omissions coverage; project-specific applicability is not stated. - Products and quantities: No products, part numbers, or fixed service quantities are specified.

Description

San Jacinto Community College District is seeking sealed qualifications from firms to provide investment broker-dealer services on an as-needed basis. Services include market monitoring and investment recommendations, guidance on compliance with the Texas Public Funds Investment Act and the College’s investment policy, transaction pricing and execution, reporting, and customer service. The College may pre-qualify one or more firms, and any resulting contract is stated to have a one-year term with four one-year renewal options. Responses must be submitted through the IonWave eBidding system by November 4, 2026, at 2:00 PM CT.

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