REQUEST FOR PROPOSALS
INVESTMENT CONSULTANT
CAMBRIDGE, MA RETIREMENT SYSTEM
The Cambridge Contributory Retirement System is seeking proposals from qualified firms to provide investment consulting services pertaining to engagement and retention of investment management firms, asset allocation, and performance measurement and evaluation. The purpose of this process shall be to identify that consultant whose expertise will be meet the Retirement Board’s goals and needs in a cost efficient manner. The Board reserves the right to reject any or all bids.
Competitive sealed proposals are invited in accordance with the provisions of Massachusetts General Law, Chapter 32, section 23B. The incumbent investment consultant is anticipated to respond.
The selected firm must have familiarity with, and agree to comply with Massachusetts G.L. Chapter 32, and all applicable investment guidelines administered by the Public Employees Retirement Administration Commission (PERAC), 840 CMR. Also, the selected firm must be willing to complete supplemental disclosures and certification documents required by PERAC.
Request for a copy of the RFP, or any questions about the RFP should be sent to:
Chris Burns, Executive Director
Cambridge Retirement Board
Phone: 617-868-3401
E-Mail: cburns@cambridgeretirementma.gov
Proposals should be submitted by email only and must be received by November 24, 2025 at 5:00 p.m.