General Investment Consulting Services

This RFP is for General Investment Consulting Services issued by the Community Action Corporation of South Texas (CACOST) for Jim Wells County in Texas. CACOST is seeking proposals from qualified professional investment consulting firms to provide strategic investment planning, investment manager due diligence, investment market research and recommendations, portfolio monitoring, investment performance measurement, asset allocation, risk management, and compliance reporting. The selected consultant(s) will be required to attend quarterly Board meetings in Alice, Texas and one off-site Board retreat per year. Minimum qualifications include having at least three current nonprofit clients, five years of investment consulting experience, and being a registered investment adviser with the SEC. The technical proposal requirements cover the firm's background, investment consulting process, performance measurement, manager search, and other relevant information. The evaluation criteria include qualifications, approach, references, fee proposal, and consideration for minority and small businesses. Proposals are due by December 13, 2023 at 5:00 PM CST, and CACOST anticipates awarding a contract or multiple contracts on January 1, 2024 for a one-year term with three optional renewal years.

The RFP does not specify any set-aside designations or restrictions on the types of organizations that can respond. It also does not list any incumbent vendors or current contractors, nor does it mention any existing infrastructure or technology that requires integration. The RFP does not provide a specific award value or budget range, but interested firms should submit a fee proposal as part of their response.