What the buyer needs
AI summaryColumbus Consolidated Government seeks investment consultant services for its Pension and Benefit Trust Fund. The services include consulting, custodial, and fiduciary functions. Proposals are due by December 9, 2026, at 5:00 PM Eastern Time. All questions must be submitted in writing to the Purchasing Division. Evaluation criteria include the firm's stability, general experience, and personnel experience. Proposals will be evaluated based on these weighted criteria. Award will be made to the most advantageous proposal considering cost and other evaluation factors. The contract will be approved by Columbus City Council.
Scope of work
- Act as Custodian of pension assets and provide Fiduciary Services
- Provide qualitative analysis for each of the Plans' managers or funds
- Provide monthly, quarterly, and annual performance analysis and benchmark comparisons
- Perform daily monitoring of managers and serve as liaison for negotiations
- Attend monthly Trustee investment review meetings and special or sub-committee meetings
- Assist in hiring investment managers and performing due diligence
- Provide Asset Allocation analysis, market outlook, and projections at monthly meetings
- Coordinate annual information with the actuary and provide Board training
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 staff to provide a full range of investment consulting services
- Have expertise on staff to provide market outlook, projections, analysis, and benchmarks
- 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 (Exhibit B & C)
- Contract Signature Page - Form 7
How to submit
- Method
- Electronic via OpenBids
- Instructions
- Submit one PDF file via OpenBids (zip files not acceptable). Hand-delivered submittals are not accepted. Exhibit B is limited to 15 pages and Exhibit C is limited to 5 pages.