City of Redwood City Investment Advisory Services RFP 2026
City of RedwoodCity · Redwood City, CA- Due
- Aug 14, 2026
- Deadline passed
- Posted
- Jul 1, 2026
- Contract term
- 3 years
- Primary contact
- Beth Goldberg
- (650) 780-7072
The 30-second brief
The City of Redwood City is seeking proposals from qualified registered investment advisers to provide investment advisory services for its municipal investment portfolio, which averages approximately $400 million. The selected firm will manage a portion of the portfolio in a fiduciary capacity with discretionary authority, execute trades, provide credit analysis, and deliver monthly, quarterly, and annual investment reports. Key objectives for the portfolio are safety, liquidity, return on investment, and sustainability. Proposers must have at least five years of experience providing similar services to public agencies and maintain specific insurance coverages, including $5 million in professional liability. Proposals are due by August 14, 2026, at 5:00 p.m. via email to Sylvia Bravo Peters. A question deadline is set for July 20, 2026.
Electronic (pdf) copy of proposal, Cover letter, Firm background, Experience description, Personnel resumes, Fee schedule, ADV Parts 1 and 2
Firm experience, portfolio management resources, professional experience of assigned personnel, responsiveness to proposal, reporting capabilities, fees
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Summary
The City of Redwood City is seeking proposals from qualified registered investment advisers to provide investment advisory services for its municipal investment portfolio, which averages approximately $400 million.
The selected firm will manage a portion of the portfolio in a fiduciary capacity with discretionary authority, execute trades, provide credit analysis, and deliver monthly, quarterly, and annual investment reports. Key objectives for the portfolio are safety, liquidity, return on investment, and sustainability. Proposers must have at least five years of experience providing similar services to public agencies and maintain specific insurance coverages, including $5 million in professional liability. Proposals are due by August 14, 2026, at 5:00 p.m. via email to Sylvia Bravo Peters. A question deadline is set for July 20, 2026.
EVALUATION CRITERIA
6- Firm experience
- Portfolio management resources
- Professional experience of assigned personnel
- Responsiveness to proposal
- Reporting capabilities
- Fees
REQUIRED DELIVERABLES
7- Electronic (pdf) copy of proposal
- Cover letter
- Firm background
- Experience description
- Personnel resumes
- Fee schedule
- ADV Parts 1 and 2
REQUIRED ATTACHMENTS
4- Attachment A List of References
- Attachment B City Investment Policy
- Attachment C Services Agreement
- Attachment D City Investment Report
REQUIRED STAFFING
3- Submit to
- [email protected]
- Scope location
- Redwood City, CA
- Reported agency
- City of Redwood City
Questions about this RFP
How do I respond to this RFP from City of Redwood?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is August 14, 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: [email protected]. For questions, contact Beth Goldberg.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Redwood in CA, 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 Beth Goldberg at (650) 780-7072. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: portfolio managers, analysts, researchers. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Electronic (pdf) copy of proposal, Cover letter, Firm background, Experience description, Personnel resumes, Fee schedule, ADV Parts 1 and 2. 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: "Firm experience, portfolio management resources, professional experience of assigned personnel, responsiveness to proposal, reporting capabilities, fees" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Redwood?
All active and historical solicitations from City of Redwood are tracked and searchable. As a city agency, City of Redwood 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 3 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: Attachment A List of References, Attachment B City Investment Policy, Attachment C Services Agreement, Attachment D City Investment Report. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from City of Redwood for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Redwood City, CA. Review the full solicitation for detailed scope requirements.