Arkansas Public Employees Retirement System - General Investment Consulting Services - 2025
Arkansas Judicial Retirement System | State of ArkansasState · Little Rock, AR- Due
- Nov 21, 2025
- Deadline passed
- Posted
- Oct 20, 2025
- Primary contact
- Richmond Giles
- (501) 682-7800
The 30-second brief
The Arkansas Public Employees Retirement System (APERS) and Arkansas Judicial Retirement System (AJRS) are soliciting proposals from qualified professional investment consulting firms to provide comprehensive investment consulting advice and services for public markets investments, including publicly traded global equities and publicly traded credit/fixed income. APERS is a defined benefit plan with a valuation of approximately $12.4 billion, and AJRS has a valuation of approximately $362.6 million. The selected investment consultant will serve in a fiduciary capacity, assisting with investment manager search, recommendation, selection, guidelines, benchmark selection, and conducting independent due diligence, structural reviews, and performance measurement duties. Proposals are due by November 21, 2025, at 5:00 p.m. CST, submitted electronically to [email protected] or mailed to Staff Attorney Richmond Giles at 124 West Capitol Avenue, Suite 400, Little Rock, AR 72201.
Personnel and Organization, External investment manager research, selection, operational due diligence and subsequent monitoring, Asset Class Structuring and Risk, Fee Proposal, Other
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Summary
The Arkansas Public Employees Retirement System (APERS) and Arkansas Judicial Retirement System (AJRS) are soliciting proposals from qualified professional investment consulting firms to provide comprehensive investment consulting advice and services for public markets investments, including publicly traded global equities and publicly traded credit/fixed income.
APERS is a defined benefit plan with a valuation of approximately $12.4 billion, and AJRS has a valuation of approximately $362.6 million. The selected investment consultant will serve in a fiduciary capacity, assisting with investment manager search, recommendation, selection, guidelines, benchmark selection, and conducting independent due diligence, structural reviews, and performance measurement duties. Proposals are due by November 21, 2025, at 5:00 p.m. CST, submitted electronically to [email protected] or mailed to Staff Attorney Richmond Giles at 124 West Capitol Avenue, Suite 400, Little Rock, AR 72201.
EVALUATION CRITERIA
7- Personnel and Organization
- External investment manager research
- Selection
- Operational due diligence and subsequent monitoring
- Asset Class Structuring and Risk
- Fee Proposal
- Other
REQUIRED ATTACHMENTS
4- Transmittal letter
- Response to RFQ questions in Appendix A
- Additional information or attachments requested by the plans
- Combined Certifications for Contracting with the State of Arkansas form
- Submit to
- [email protected] or mail to 124 West Capitol Avenue, Suite 400, Little Rock, AR 72201
- Scope location
- Little Rock, AR
- Reported agency
- Arkansas Public Employees' Retirement System
Questions about this RFQ
How do I respond to this RFQ from Arkansas Judicial Retirement System | State of Arkansas?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 21, 2025. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected] or mail to 124 West Capitol Avenue, Suite 400, Little Rock, AR 72201. For questions, contact Richmond Giles.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including Arkansas Judicial Retirement System | State of Arkansas in AR, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFQ submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Richmond Giles at (501) 682-7800. Questions and answers are typically shared with all prospective bidders.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Personnel and Organization, External investment manager research, selection, operational due diligence and subsequent monitoring, Asset Class Structuring and Risk, Fee Proposal, Other" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Arkansas Judicial Retirement System | State of Arkansas?
All active and historical solicitations from Arkansas Judicial Retirement System | State of Arkansas are tracked and searchable. As a state agency, Arkansas Judicial Retirement System | State of Arkansas regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What documents are required to bid on this RFQ?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Transmittal letter, Response to RFQ questions in Appendix A, Additional information or attachments requested by the plans, Combined Certifications for Contracting with the State of Arkansas form. Review the full document from Arkansas Judicial Retirement System | State of Arkansas for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Little Rock, AR. Review the full solicitation for detailed scope requirements.
