NEW YORK CITY DEFERRED COMPENSATION PLAN ACTIVE INTERMEDIATE FIXED INCOME INVESTMENT MANAGEMENT SERVICES

Agency: The City of New York
State: New York
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Mar 14, 2024
Due Date: Apr 1, 2024
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Title: New York City Deferred Compensation Plan active Intermediate Fixed Income investment management services

Procurement
Section

Office of Labor Relations (OLR)
Agency Name

Deferred Compensation Plan
Agency Division

22 Cortlandt Street, 28th Floor, New York, NY 10007
Request Address

Elizabeth Krupa
phone: (212) 306-7646
email: ekrupa2@olr.nyc.gov
Contact Information

Current
Status

Services (other than human services)
Category

Request for Proposals
Selection Method

3/14/2024
Publication Date

Solicitation
Notice Type

PIN#214240000160 - Due: 4/1/2024 4:30 PM

PIN - Due Date
Description

New York City Deferred Compensation Plan The New York City Deferred Compensation Plan (the “Plan”) is seeking qualified vendors to provide active Intermediate Fixed Income investment management services for the Stable Income Fund (“the Fund”) investment option of the Plan. The Plan is seeking qualified vendors to manage a portfolio against the Barclays Intermediate Aggregate Index. The objective of the Fund is to provide an opportunity to invest in high quality fixed income securities with an emphasis on safety of principal and consistency of returns. To be considered, vendors must submit their product information to Segal Marco Advisors at the following e-mail address: nycdcp.procurement@segalmarco.com. Please complete the submission of product information no later than 4:30 P.M. Eastern Time on April 1, 2024. Consistent with the policies expressed by the City, proposals from certified minority-owned and/or women-owned businesses or proposals that include partnering arrangements with certified minority-owned and/or women-owned firms are encouraged. Additionally, proposals from small and New York City-based businesses are also encouraged.

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