Krum Independent School District Public Funds Investment Services RFQ No. KISD-2026-27
Krum Independent School DistrictSchool · Krum, TX- Due
- Oct 1, 2026
- Deadline passed
- Posted
- Sep 1, 2026
- Primary contact
- Matt Underwood
- (940) 482-6000
The 30-second brief
Krum Independent School District (the District) is soliciting Statements of Qualifications (SOQ) from qualified investment management firms to provide public funds investment management services. The selected firm will manage a portfolio of approximately $140,000,000, encompassing operating, debt service, and capital project funds. Scope of services includes discretionary or non-discretionary management, investment strategy development, execution of purchases/sales through broker-dealers, monthly/quarterly reporting, and monitoring credit quality and cash flow. Respondents must be SEC-registered investment advisers with at least five years of experience managing public funds for governmental entities. Statements of Qualifications are due by October 1, 2026, at 2:00 PM Central Time. Written questions are due by September 15, 2026, directed to Dr. Matt Underwood, Chief Financial Officer.
Statement of Qualifications, Cover Letter, Firm Overview, Relevant Experience, Investment Philosophy, Compliance & Regulatory History, References, Insurance & Bonding evidence, Fee Schedule, Required Forms
Firm qualifications experience and stability (25%), Experience managing public funds portfolios for similar entities (20%), Investment approach strategy and compliance (20%), Proposed fee schedule (15%), Reporting capabilities and technology platform (10%), References and client service model (10%)
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Summary
Krum Independent School District (the District) is soliciting Statements of Qualifications (SOQ) from qualified investment management firms to provide public funds investment management services.
The selected firm will manage a portfolio of approximately $140,000,000, encompassing operating, debt service, and capital project funds. Scope of services includes discretionary or non-discretionary management, investment strategy development, execution of purchases/sales through broker-dealers, monthly/quarterly reporting, and monitoring credit quality and cash flow. Respondents must be SEC-registered investment advisers with at least five years of experience managing public funds for governmental entities. Statements of Qualifications are due by October 1, 2026, at 2:00 PM Central Time. Written questions are due by September 15, 2026, directed to Dr. Matt Underwood, Chief Financial Officer.
EVALUATION CRITERIA
REQUIRED DELIVERABLES
10- Statement of Qualifications
- Cover Letter
- Firm Overview
- Relevant Experience
- Investment Philosophy
- Compliance & Regulatory History
- References
- Insurance & Bonding evidence
- Fee Schedule
- Required Forms
REQUIRED ATTACHMENTS
4- Appendix A (Investment Policy)
- Appendix B (Reference Form)
- Appendix C (Fee Schedule)
- Appendix D (Certification Form)
- Submit to
- Krum ISD Business Office, 1200 Bobcat Blvd., Krum, TX 76249
- Scope location
- Krum, TX
Questions about this RFQ
How do I respond to this RFQ from Krum Independent School District?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 1, 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: Krum ISD Business Office, 1200 Bobcat Blvd., Krum, TX 76249. For questions, contact Matt Underwood.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including Krum Independent School District in TX, 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 Matt Underwood at (940) 482-6000. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Statement of Qualifications, Cover Letter, Firm Overview, Relevant Experience, Investment Philosophy, Compliance & Regulatory History, References, Insurance & Bonding evidence, Fee Schedule, Required Forms. 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 qualifications experience and stability (25%), Experience managing public funds portfolios for similar entities (20%), Investment approach strategy and compliance (20%), Proposed fee schedule (15..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Krum Independent School District?
All active and historical solicitations from Krum Independent School District are tracked and searchable. As a school agency, Krum Independent School District 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: Appendix A (Investment Policy), Appendix B (Reference Form), Appendix C (Fee Schedule), Appendix D (Certification Form). Review the full document from Krum Independent School District for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Krum, TX. Review the full solicitation for detailed scope requirements.