Olympic Regional Development Authority Investment Advisory & Cash Management Services RFP 2026
Olympic Regional Development Authority | State of New YorkState · Lake Placid, NY- Due
- Oct 14, 2026
- Deadline passed
- Posted
- Sep 4, 2026
- Contract term
- 1 year
- Primary contact
- Edward Kowalewski, Jr.
- (518) 302-5313
The 30-second brief
The New York State Olympic Regional Development Authority is seeking qualified firms to serve as an Investment Advisor for cash and investable reserves, anticipating approximately $10 million in assets under management. The selected firm will review cash positions, recommend an investment strategy and target portfolio structure consistent with the Investment Policy and New York Public Authorities Law, and provide ongoing portfolio management, monitoring, and reporting. Required services include portfolio review, custodial coordination, ongoing execution, investment execution and broker selection, monthly and quarterly reporting, and adherence to a fiduciary standard. Proposals are due by October 14, 2026, at 2:00 PM ET. Evaluation criteria include firm qualifications and public-sector experience (25%), investment approach and risk management (25%), fee proposal (20%), references (15%), reporting capabilities (10%), and MWBE/SDVOB participation (5%).
Firm qualifications, public-sector experience, and staff expertise 25%, Proposed investment approach, compliance methodology, and risk management 25%, Reporting capabilities and Board/Committee engagement 10%, References and demonstrated performance for comparable public clients 15%, Fee proposal / total cost 20%, MWBE/SDVOB participation and utilization plan 5%
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Summary
The New York State Olympic Regional Development Authority is seeking qualified firms to serve as an Investment Advisor for cash and investable reserves, anticipating approximately $10 million in assets under management.
The selected firm will review cash positions, recommend an investment strategy and target portfolio structure consistent with the Investment Policy and New York Public Authorities Law, and provide ongoing portfolio management, monitoring, and reporting. Required services include portfolio review, custodial coordination, ongoing execution, investment execution and broker selection, monthly and quarterly reporting, and adherence to a fiduciary standard. Proposals are due by October 14, 2026, at 2:00 PM ET. Evaluation criteria include firm qualifications and public-sector experience (25%), investment approach and risk management (25%), fee proposal (20%), references (15%), reporting capabilities (10%), and MWBE/SDVOB participation (5%).
EVALUATION CRITERIA
10- Firm qualifications
- Public-sector experience
- Staff expertise 25%
- Proposed investment approach
- Compliance methodology
- Risk management 25%
- Reporting capabilities and Board/Committee engagement 10%
- References and demonstrated performance for comparable public clients 15%
- Fee proposal / total cost 20%
- MWBE/SDVOB participation and utilization plan 5%
REQUIRED ATTACHMENTS
3- Price Proposal Form
- Proposal per RFP Section 9
- Completed and signed Olympic Authority Procurement Requirements/Certifications
- Submit to
- Olympic Regional Development Authority, Attn: Edward Kowalewski, Jr., Assistant Counsel, 37 Church Street, Lake Placid, NY 12946
- Duration
- 60 months
- Scope location
- Lake Placid, NY
- Reported agency
- Olympic Regional Development Authority
Questions about this RFP
How do I respond to this RFP from Olympic Regional Development Authority | State of New York?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 14, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Olympic Regional Development Authority, Attn: Edward Kowalewski, Jr., Assistant Counsel, 37 Church Street, Lake Placid, NY 12946. For questions, contact Edward Kowalewski, Jr..
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Olympic Regional Development Authority | State of New York in NY, 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 Edward Kowalewski, Jr. at (518) 302-5313. 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: "Firm qualifications, public-sector experience, and staff expertise 25%, Proposed investment approach, compliance methodology, and risk management 25%, Reporting capabilities and Board/Committee engage..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Olympic Regional Development Authority | State of New York?
All active and historical solicitations from Olympic Regional Development Authority | State of New York are tracked and searchable. As a state agency, Olympic Regional Development Authority | State of New York 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 1 year. 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: Price Proposal Form, Proposal per RFP Section 9, Completed and signed Olympic Authority Procurement Requirements/Certifications. Review the full document from Olympic Regional Development Authority | State of New York for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Lake Placid, NY. Review the full solicitation for detailed scope requirements.