S-DASOBO-00017122 Addendum 1.docx

This is an addendum to RFP S-DASOBO-00017122 issued by the Oregon Department of Administrative Services, State Procurement Services, on behalf of the Oregon Department of Veterans Affairs for conservatorship investment advisory services. The addendum modifies the proposal opening date and time from June 24, 2026 to July 24, 2026 at 10:00 AM Pacific Time. The contractor will provide investment consultation and management services for the ODVA Conservatorship Program, including portfolio reviews, client risk assessment, market trend forecasting, and staff training. The scope requires a Key Person with a minimum of seven years of experience in financial advising and/or conservatorship services. The initial contract term is anticipated to be two years with options for renewal. Questions regarding the RFP were originally due June 17, 2026, and the Notice of Intent to Award is anticipated for approximately July 1, 2026, followed by a seven-calendar-day protest period.

Pricing may be structured as hourly rates, fee-based percentages, or other fee schedules, with prices firm for 180 days from the RFP opening date. The State encourages participation of certified disadvantaged business enterprises, minority-owned businesses, women-owned businesses, service-disabled veteran-owned businesses, and emerging small businesses, though no set-aside or preference percentage is specified. The contractor must maintain Commercial General Liability ($1 million per occurrence / $2 million aggregate), Automobile Liability ($1 million combined single limit), Professional Liability ($5 million per claim / $10 million aggregate), and Network Security and Privacy Liability ($1 million per claim) insurance coverage. Evaluation will utilize a 100-point scoring system consisting of Technical Proposal (40 points), Implementation Plan (30 points), and Price Proposal (30 points). Protests to this addendum must be submitted according to RFP section 4.4.2 and are due by 5:00 p.m. on June 23, 2026.