Newark - Investment Management and Custodial for Pension and OPEB Assets - 2026
- Due
- Nov 3, 2026
- 2 days left
- Contract term
- 5 years
- Primary contact
- City Purchasing Division
- (302) 366-7000
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Summary
Seeking proposals from qualified firms to provide investment management services for the employee pension fund, investment management services for the other post-employment benefits (OPEB) trust and custody services for these accounts.
The contract length will be for 5 years, commencing on January 1, 2027 and concluding December 31, 2031, with potential renewals. All questions must be submitted via email by October 23, 2026. Submission deadline is November 3, 2026.
- Submit to
- 220 S Main St, Newark, DE, 19711
- Duration
- 60 months
- Scope location
- New Castle, DE
Questions about this RFP
How do I respond to this RFP from Newark?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 3, 2026. Submissions should be delivered to: 220 S Main St, Newark, DE, 19711. For questions, contact City Purchasing Division.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Newark in DE, 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 City Purchasing Division at (302) 366-7000. Questions and answers are typically shared with all prospective bidders.
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What is the contract term for this solicitation?
The anticipated contract term is 5 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of November 3, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
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. Review the full document from Newark for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: New Castle, DE. Review the full solicitation for detailed scope requirements.