Investment Consulting Services

The University of Central Florida (UCF) has issued an Invitation to Negotiate (ITN) to acquire investment consulting services. UCF is seeking to enter into an agreement with a vendor to provide these consulting services, which will not include full discretion over the investments. The university's Budget and Finance Committee oversees the investment portfolio, which is approximately $358 million as of November 2021 and is segregated into four separate investment pools. UCF anticipates meeting with the successful consultant four times per year to review quarterly materials, as well as receiving monthly flash reports and recommendations. The term of the contract is expected to be from May 1, 2022 to April 30, 2027, with potential renewal options. The investment portfolio is working capital (operating funds) based and not intended to be a long-term institutional fund. UCF is seeking the consultant's input on reviewing the current investment policy and its alignment with Florida statutes, as the policy was last updated in 2008. The consultant will be expected to consult with management regarding any proposed investment changes, as protecting the corpus of the operating funds is a primary concern for the public institution.

The procurement opportunity is limited to the state of Florida, specifically Orange County. The ITN does not mention any set-aside designations or restrictions on the types of organizations that can respond. Additionally, the ITN does not provide any information on incumbent vendors or current contractors, nor does it specify any existing infrastructure or technology that requires integration. The ITN does not include any information on possible award values or budget ranges.