About this opportunity
AI summaryThe Columbus Consolidated Government Purchasing Division seeks proposals for investment consultant services for its Public Employee Retirement Systems Pension and Benefit Trust Fund. The selected firm will act as a custodian of pension assets and a fiduciary services provider, performing qualitative manager analysis, daily monitoring, monthly asset allocation reviews, hiring assistance, and government survey support. USA organizations are eligible to bid. Offerors must submit their electronic responses as a single PDF via OpenBids or email by December 9, 2026, at 5:00 PM Eastern. Submissions require specific affidavits, exhibits, a W-9, and a business license. An evaluation committee will grade proposals against the solicitation criteria to select the most advantageous offer, subject to final approval by Columbus City Council for an annual contract spanning five years.
Buyer and opportunity details
- Client
- COLUMBUS CONSOLIDATED GOVERNMENT
- Solicitation No.
- 27-0011
Scope of work
- Act as Custodian of pension assets and Fiduciary Services Provider
- Provide qualitative analysis for each Plan manager or fund, including ongoing reviews
- Provide monthly, quarterly, and annual performance analysis and asset allocation reports
- Perform daily monitoring of managers and advise on probation or termination
- Serve as liaison with investment managers and conduct negotiations, including fee structures
- Attend monthly investment review meetings, sub-committee meetings, and special meetings of Trustees
- Provide analysis and assist in hiring investment managers and funds, including due diligence
- Coordinate information with the actuary annually and perform specialized research studies
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Stability and General Experience of the Firm | 20% |
| Depth and Experience of Personnel | 30% |
Minimum qualifications
- Have expertise on its staff to provide a full range of investment consulting services for the Fund
- Have the expertise on its staff to provide market outlook, projections, analysis, and benchmark comparisons
- Demonstrate appropriate experience servicing clients with similar municipal pension plans
Documents to include with your response
- Transmittal Letter
- Transmittal Information - Exhibit A
- E-Verify Affidavit - Form 1
- Communication Concerning this Solicitation - Form 2
- Conflict of Interest Affidavit - Form 3
- Non-Collusion Affidavit - Form 4
- Federal Compliance - Form 5
- Addenda Acknowledgement - Form 6
- Experience/Qualifications - To include Exhibit B & C
- Insurance Checklist (Form 8) or Certificate of Insurance
Key dates
- Date of RFP
- November 6, 2026
- Questions and Requests for Clarification due
- five business days prior to the proposal due date
- Proposals due
- DECEMBER 9, 2026 - 5:00 PM (Eastern)
- Contract start
- April 1, 2027
How to submit
- Method
- Electronic via OpenBids
- Instructions
- Submit one PDF file using the Bidder Response ALL Documents tab; zip files are not acceptable; enter 0 if a dollar value is required.
Contract details
- Term
- five (5) years, beginning April 1, 2027 through March 31, 2032
- Place of performance
- Columbus, Georgia
- Insurance and bonding
- Carrier Rating shall be Best's Rating of A-VII or its equivalents; City shall be named Additional Insured on all policies; 30 days prior notice for cancellation; Certificate must show RFP No. 27-0011.
- Funding
- 2 CFR 200, Appendix II