When is the submission deadline?

Submissions are due August 7, 2026. Questions must be submitted by July 15, 2026.

It was issued by Massachusetts School Building Authority. The work is located in Boston, Massachusetts, United States.

Who is a good fit for this opportunity?

Registered investment advisory firm with public-sector finance experience. Expertise in governmental investment management and asset oversight. Experience supporting depository selection and open market securities transactions. Knowledge of refunding and defeasance escrow investment processes. Strong market research and trade execution capabilities. Familiarity with investment policy review and policy recommendation development. Capacity to serve government agencies in Massachusetts or the greater Boston area.

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Investment Advisory Services

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Overview

Financial, Legal, HR & Staffing

Boston, Massachusetts, United StatesPosted: July 9th, 2026Deadline: August 7th, 2026

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SUMMARY

A Boston government authority is seeking an investment advisory firm to support financial asset oversight, market research, and trade execution. The engagement also includes depository selection support and recommendations on investment management policy.

KEY REQUIREMENTS

Must be a Registered Investment Advisor (RIA) with the SEC
Must comply with the Investment Advisers Act of 1940
Must have a minimum of $2 billion in Regulatory Assets Under Management (RAUM)
Must have a minimum of 5 years of experience providing investment advisory services to Massachusetts governmental entities
Must be in good standing in the state of incorporation
Must certify compliance with the Massachusetts Conflict of Interest Law
Must submit a copy of the firm's most recent SEC Form ADV
Must provide three client references and two references for the individual with overall team responsibility

CONTRACT DURATION

60 months

TIMELINE

Issuance of RFR: July 8th, 2026

Question Deadline: July 15th, 2026

Responses to Questions Posted: July 22nd, 2026

RFR Response Deadline: August 7th, 2026

Virtual Presentations: Week of September 21st, 2026

Award of the Contract: October 28th, 2026

QUESTION DEADLINE

July 15th, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Massachusetts School Building Authority

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DESCRIPTION

A government authority in Boston, Massachusetts is seeking a qualified vendor to provide investment advisory services related to the management and oversight of its financial assets. The selected firm will support the agency in reviewing its investment activities and advising on strategies and practices related to asset oversight.

Services include assisting with the selection of a depository for agency assets not held by a bond trustee, providing market research, and executing investment trades under the direction of the agency. The vendor may also serve as, or help select, a bidding agent for agency investments involving open market securities for refunding or defeasance escrows. In addition, the firm will review the agency’s investment management policy and make recommendations for improvement.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 7, 2026. Questions must be submitted by July 15, 2026.
Who issued this RFP?: It was issued by Massachusetts School Building Authority. The work is located in Boston, Massachusetts, United States.
Who is a good fit for this opportunity?: Registered investment advisory firm with public-sector finance experience
Expertise in governmental investment management and asset oversight
Experience supporting depository selection and open market securities transactions
Knowledge of refunding and defeasance escrow investment processes
Strong market research and trade execution capabilities
Familiarity with investment policy review and policy recommendation development
Capacity to serve government agencies in Massachusetts or the greater Boston area

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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