Cheyenne Opengov #RFP 2-27

Investment advisory and portfolio management for the City of Cheyenne

The City of Cheyenne is seeking an investment adviser to manage a municipal portfolio of up to approximately $100 million. - Government buyer: City of Cheyenne, through the City Treasurer’s Office and Purchasing; the Purchasing contact named is TJ Barttelbort. - OEMs and vendors: No investment adviser, financial-services vendor, or investment product manufacturer is named in the opportunity. - Requested service: Investment advisory and portfolio management, including securities advice and trading, strategy development, policy review, cash-flow forecasting, market and credit monitoring, and portfolio reporting. The portfolio is expected to consist mainly of fixed-income securities and cash equivalents, with diversified equities allowed within applicable limits. - Scale and quantities: Portfolio value is up to approximately $100 million. No unit quantities or product part numbers are specified. - Notable requirements: The adviser must be SEC-registered, satisfy Wyoming requirements, demonstrate at least five years of public-sector portfolio management experience, and assign an account manager with at least five years of investment-management experience. City assets must remain in a separate account with a City-approved custodian; the adviser cannot take custody or control of the assets. - Service and reporting expectations: Provide detailed monthly reports, quarterly performance reports and compliance certifications, promptly report material credit events, and attend at least one City Investment Committee meeting annually. Management may be discretionary or nondiscretionary, subject to City approval. - Contract term: Four-year initial term with up to two optional one-year extensions.

Description

The City of Cheyenne is seeking proposals from qualified, SEC-registered investment advisory firms to actively manage an investment portfolio of up to approximately $100 million. Services include investment management and advice tailored to the City’s financial objectives, liquidity needs, and statutory requirements, including reporting and review of investment policies and procedures. The adviser must have public-sector portfolio experience and comply with applicable Wyoming statutes and City investment policies. Proposals must include separate technical and price submissions through the City’s eProcurement Portal.

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