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REQUEST FOR PROPOSALS FOR INVESTMENT MANAGEMENT SERVICES RFP 2024/2025 - 01

Saint Johns River State College, Palatka, FL·Higher Ed
Nov 04, 2024
Posted Date
Dec 02, 2024
Submission Deadline
Reported: St. Johns River State College Foundation, Inc.
Kate Adornetto
3 year term
Submit at: St. Johns River State College Foundation, Inc., Attention: Kate Adornetto, Director of Development & Foundation Operations, 5001 St. Johns Avenue | Palatka, FL 32177

Summary

The St. Johns River State College Foundation, Inc. is seeking proposals from registered investment advisory firms to provide investment management services for its investment portfolio, valued at approximately $9 million. The contract term will be for three years with an option to renew.

Evaluation Criteria

Demonstrate successful past performance with similar-sized portfolios, Competitiveness of fees, Investment strategy, Experience with similar non-profit institutions, Quality of existing client relationships and industry references, Ability to communicate effectively, Reporting information

Required Deliverables

Monthly electronic statements, attendance and presentation at quarterly board meetings, education and training to board members and staff.

Required Attachments

Investment Policy

Section 4.2 — Scope of Services and Deliverables

The selected vendor shall provide all labor, materials, equipment, and supervision necessary to perform the services described herein. Work shall commence within fifteen (15) calendar days of the Notice to Proceed and shall be completed within the timeframe specified in the project schedule attached as Exhibit B.

Proposals must include a detailed implementation timeline, staffing plan with key personnel qualifications, and three (3) references from comparable government engagements completed within the past five years. Evaluation will be based on technical approach (40%), experience and qualifications (30%), cost proposal (20%), and small business participation plan (10%).

Source Document Available

The full solicitation document, attachments, and evaluation details are available on Civic IQ. Book a demo to get access.

Frequently Asked Questions

How do I respond to this RFP from Saint Johns River State College?

To respond, review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is December 2, 2024. Proposals should be submitted to: St. Johns River State College Foundation, Inc., Attention: Kate Adornetto, Director of Development & Foundation Operations, 5001 St. Johns Avenue | Palatka, FL 32177. For questions, contact Kate Adornetto.

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. Key factors are outlined in the Evaluation Criteria section above. Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Saint Johns River State College?

Civic IQ tracks all active and historical solicitations from Saint Johns River State College. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts — giving you a complete picture of the procurement landscape.

What is the contract term for this solicitation?

The anticipated contract term is 3 years. Contract terms may include renewal options. Review the full solicitation document for details on renewal periods, performance benchmarks, and termination clauses.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications or licenses, past performance references, and any forms or attachments specified in the solicitation. Review the full document from Saint Johns River State College for the complete list of required submissions.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including Saint Johns River State College in FL, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Some solicitations include set-aside provisions or evaluation preferences for these firms. Check the full solicitation for any small business participation goals or requirements.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This process typically includes an initial compliance check, technical evaluation, cost analysis, and may involve oral presentations or interviews with shortlisted vendors. The timeline from submission to award varies but usually takes several weeks to months.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact for this solicitation is Kate Adornetto. Questions and answers are typically shared with all prospective bidders to ensure fairness. Check the solicitation for the question submission deadline and process.

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