RFP - Portfolio Monitoring

The Cambridge Retirement System is seeking proposals from qualified vendors for Portfolio Monitoring Services.  The System has approximately $1.3 billion in assets, for information regarding the System, visit the Board’s website at, cambridgeretirementma.gov.   The portfolio monitoring and any associated evaluation and counseling services will be offered at no cost to the Board.

The selected vendor must have familiarity with and agree to comply with Massachusetts General Laws Chapter 32, and all applicable investment regulations, policies and guidelines promulgated by the Public Employee Retirement Administration Commission.

All contracts entered by the Cambridge Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, Section 23 as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR. The selected vendor(s) must have familiarity and agree to comply with all applicable laws and PERAC regulations, (www.mass.gov/perac).

The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the System.

Requests for a copy of this RFP and questions regarding it may be directed via e-mail to:

Ellen K. Philbin, Executive Director, Email: ephilbin@cambridgeretirementma.gov

No phone calls please.

Proposal deadline is Tuesday, November 12, 2019 at 2:00 pm. Late proposals will not be accepted.