Public Funds Investment Services

The government authority in Krum, TX requires public funds investment services in accordance with the public funds investment act. The buyer seeks discretionary or non-discretionary management of public funds consistent with its investment policy and applicable law. The selected vendor must coordinate with the district's custodian bank for safekeeping and settlement, monitor credit quality, market conditions, and cash flow needs, and develop and review investment strategy, portfolio structuring, and duration recommendations. Additional required scope includes executing purchases and sales of permitted securities through qualified broker-dealers and providing monthly and quarterly reporting on holdings, transactions, performance, and policy compliance. Only United States organizations are eligible to apply for this opportunity. The vendor will perform all work offsite. The buyer is looking for proposals regarding the budget, and the source text provides no key-date or evaluation details.