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City of Fairbanks Permanent Fund Investment Services RFP #26-17 2026

City of Fairbanks logoCity of Fairbanks
Due
Sep 30, 2026
Deadline passed
Posted
Aug 7, 2026
Contract term
5 years
Primary contact
Christina Rowlett
(907) 459-6779

The 30-second brief

What they're buying

The City of Fairbanks is soliciting proposals from qualified investment advisory firms to manage its Permanent Fund Investment Portfolio, valued at approximately $182.7 million. The contract term is five years starting January 1, 2027.

What you must deliver

Proposal Form, Proposal Fee Form, Assets Under Management Form, Business License, Credentials

How it's scored

Organizational & Personnel, Investment Management Approach, Portfolio Strategy, Performance & Reporting, Compliance & Internal Controls, References, Cost

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Summary

The City of Fairbanks is soliciting proposals from qualified investment advisory firms to manage its Permanent Fund Investment Portfolio, valued at approximately $182.7 million. The contract term is five years starting January 1, 2027.

EVALUATION CRITERIA

7
  • Organizational & Personnel
  • Investment Management Approach
  • Portfolio Strategy
  • Performance & Reporting
  • Compliance & Internal Controls
  • References
  • Cost

REQUIRED DELIVERABLES

5
  • Proposal Form
  • Proposal Fee Form
  • Assets Under Management Form
  • Business License
  • Credentials

REQUIRED ATTACHMENTS

4
  • Proposal Form
  • Proposal Fee Form
  • Assets Under Management Form
  • Business License Waiver Form
Submit to
City Clerk’s Office, 800 Cushman Street, Fairbanks, Alaska 99701
Scope location
Fairbanks, AK

Questions about this RFP

How do I respond to this RFP from City of Fairbanks?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is September 30, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: City Clerk’s Office, 800 Cushman Street, Fairbanks, Alaska 99701. For questions, contact Christina Rowlett.

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

Most government agencies, including City of Fairbanks in AK, 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 RFP 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 Christina Rowlett at (907) 459-6779. Questions and answers are typically shared with all prospective bidders.

What are the key deliverables?

The solicitation specifies the following deliverables: Proposal Form, Proposal Fee Form, Assets Under Management Form, Business License, Credentials. Proposals should clearly address how each deliverable will be met.

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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: "Organizational & Personnel, Investment Management Approach, Portfolio Strategy, Performance & Reporting, Compliance & Internal Controls, References, Cost" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from City of Fairbanks?

All active and historical solicitations from City of Fairbanks are tracked and searchable. As a city agency, City of Fairbanks regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 5 years. Contract terms may include renewal options.

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, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Proposal Form, Proposal Fee Form, Assets Under Management Form, Business License Waiver Form. Review the full document from City of Fairbanks for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Fairbanks, AK. Review the full solicitation for detailed scope requirements.

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