Advisory Services Relative to Other Post-Employment Benefits (OPEB)

The City of Bristol in Hartford County, Connecticut, is seeking proposals for investment advisory services specifically related to the Other Post-Employment Benefits (OPEB) Trust Fund through Solicitation Number 2P25-064. The procurement is designed to identify a qualified firm to assist the City Treasurer and Comptroller in executing their fiduciary responsibilities for managing the OPEB Trust Fund. The selected advisory firm will be responsible for providing comprehensive investment guidance and strategic oversight of the trust's financial assets. The solicitation was posted on February 19, 2025, with proposals being accepted until March 10, 2025, at 1:00 PM EDT. Potential respondents must be qualified firms with demonstrable expertise in investment advisory services for municipal trust funds, particularly those specializing in post-employment benefit management. While specific evaluation criteria are not explicitly detailed in the available documentation, respondents will likely be assessed on their professional credentials, demonstrated experience, proposed methodology, and comprehensive understanding of OPEB trust management.

The solicitation does not specify explicit set-aside designations or restrictions for disadvantaged business enterprises. No incumbent vendors or current contractors are mentioned in the available documentation. The RFP is open to all vendors, with delivery terms specified as Free On Board Destination and payment terms to be vendor-specified. No estimated total contract value or specific budget range is provided in the solicitation documents. Interested firms should direct any questions to Roger Rousseau at the City of Bristol's office, located at 111 North Main Street, Bristol, CT 06010. The procurement appears to be seeking a comprehensive advisory services engagement without predefined line items, suggesting that vendors should provide holistic pricing and service proposals tailored to the OPEB Trust Fund's specific investment management needs.