Investment Consulting Services Pension Fund Mgmt. & Qualified Tuition Savings

The Office of the Treasurer of the State of Connecticut is seeking qualified consulting firms to provide comprehensive investment consulting services across four distinct areas: General Investment Consultant for Public Pension Fund, Real Estate Investment Consultant for Public Pension Fund, Infrastructure & Natural Resources Consultant for Public Pension Fund, and Qualified Tuition Savings Program (Connecticut Higher Education Trust) General Investment Consultant. The procurement is specifically targeting Hartford County and is designed to replace existing contracts in part or in full. Interested firms must submit electronic proposals through the CTsource system by October 31, 2022, at 4:00 PM EDT. Evaluation criteria will include quality of deliverables, conformance with specifications, delivery terms, pricing, administrative costs, past performance, and financial responsibility. Respondents must complete all legal and policy attachments (1A through 7B) and ensure proposal prices remain valid for 60 days from the submission date. The State reserves the right to award contracts by individual item, group of items, or the entire scope of services.

The solicitation appears to be open to all vendors without specific set-aside designations or restrictions for disadvantaged enterprises. No incumbent vendors are explicitly identified in the documentation, and there are no detailed specifications about existing technological infrastructure requiring integration. The RFP does not specify a precise contract value or budget range, noting that quantities and usage are estimates only and do not represent a commitment to purchase any particular amount. The State is exempt from federal and state excise, transportation, and sales taxes, which must not be included in bid prices. Payment terms are to be specified by the vendor, and delivery terms are designated as Free On Board Destination. The Department of Administrative Services (DAS) maintains the flexibility to reject any or all proposals and will ultimately select the respondent(s) deemed most advantageous to the State.