Investment Management Services
| Solicitation Type: | RFP |
|---|---|
| Business Unit: | Finance |
| Category: | Professional Services |
| Department: | Central Services |
| Issued by: | City of Redmond, OR |
| Publish Date: | Oct 2, 2025 12:00PM |
| Proposals Due Date: |
Oct 29, 2025 2:00PM
(Pacific Daylight Time)
|
| Estimated Project Date: | Q1, 2026 |
| Status: | Open |
Description
The City of Redmond is initiating a Request for Proposals for the purpose of retaining a consulting firm to act as the City’s investment advisor. The City intends to continue the relationship with the selected firm for a three (3) year term, with two (2) optional one-year renewals. The total contract term is not to exceed a maximum of five (5) years. The City of Redmond currently holds more than $265 million in investable funds with a historic average of approximately $180 million over the last two years. Detailed information can be found in Exhibit B, Scope of Work.
Attachments
This project has the following solicitation documents.
Vendor Questions and Answers
For Questions or Additional Information, Contact:
Name: Scott Brang, Procurement & Payables Manager
Email: procurement@redmondoregon.gov
Interested Parties and Planholders
Interested Parties
These are the vendors who have expressed interest in this solicitation:
| Business | When |
|---|---|
|
Government Portfolio Advisors
(WBE)
GPA is an investment advisor exclusively dedicated to serving public entities
|
Oct 3, 2025
(sole)
|
| Insight Investment |
Oct 17, 2025
(sole)
|
Planholders
These are the vendors who have downloaded the solicitation documents:
| Business | When |
|---|---|
|
ARG Industiral
Ownership in action
|
Oct 17, 2025 |
|
Government Portfolio Advisors
(WBE)
GPA is an investment advisor exclusively dedicated to serving public entities
|
Oct 3, 2025
(sole)
|
| Insight Investment |
Oct 17, 2025
(sole)
|
Commodity Codes and Solicitation Change History
Commodity Codes (NIGP):
- 946-56
- Investment Management Services
Changes to This Listing:
| Change | |
|---|---|
| The following bid documents were added: Investment Management Service RFP Addendum No. 1 final.pdf |
Oct 24, 2025 |
About City of Redmond, OR
Redmond is a mid-sized community nestled in Oregon’s High Desert Plateau just east of the Cascade Mountain Range in Central Oregon. Known for its progressive and innovative leadership, the City enjoys a state-wide reputation for its ability to undertake and implement projects and programs that benefit its current and future residents.
The City of Redmond serves a community of approximately 37,000 residents and numerous tourists that visit the region annually. City leadership is dedicated to fostering a business-friendly climate where traditional family-owned enterprises, high-tech industries, and a variety of major corporations all thrive. We look forward to working with businesses who want to offer their services to the organization and community.
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