When is the submission deadline?

Submissions are due October 20, 2026. Questions must be submitted by September 25, 2026.

It was issued by Office Of The General Treasurer. The work is located in Warwick, Rhode Island, United States.

Who is a good fit for this opportunity?

Investment management firm with public-sector pooled investment experience. Strong portfolio management and credit research capabilities. Proven recordkeeping, accounting, reporting, and audit coordination expertise. Experience serving municipalities, government entities, or public funds. Robust participant services, technology controls, and business continuity infrastructure.

Investment Management, Recordkeeping, Operational and Administrative Services (Due October 20, 2026)

Overview

Financial, Legal, HR & Staffing

Warwick, Rhode Island, United StatesPosted: September 16, 2026Deadline: October 20, 2026

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SUMMARY

A Rhode Island government authority seeks a provider for comprehensive investment management and administrative services supporting the Ocean State Investment Pool. The three-year engagement includes portfolio management, recordkeeping, participant services, accounting, auditing, custody coordination, and operational technology support.

KEY REQUIREMENTS

Must have been in business as an investment management organization for at least five years
Must be authorized to conduct investment management services in Rhode Island
Must be able to accommodate transactions up to 3:00 p.m. eastern standard time for same day credit
Investment professionals must have at least five years of experience in the subject product or similar strategy
Must have at least $5 billion in institutional assets under management in the subject product or similar strategy
Must have at least one institutional public client invested in the subject product or similar strategy
Must be an equal opportunity employer

CONTRACT DURATION

36 months

TIMELINE

RFP Issued: September 15th, 2026

Deadline for Respondents to submit questions: September 25th, 2026

Response to questions due: October 5th, 2026

RFP Proposals due: October 20th, 2026

Evaluations/interviews: November, 2026

QUESTION DEADLINE

September 25, 2026

CONTACTS

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

Additional decision-makers and their departments

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Issuing Agency

Office Of The General Treasurer

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Warwick, Rhode Island is seeking a vendor to provide investment management, recordkeeping, operational, and administrative services for the Ocean State Investment Pool. The pool serves the State of Rhode Island, local municipalities, local government entities, and other quasi-governmental entities, with the objective of maximizing opportunities for investing public funds.

The selected provider will be expected to deliver comprehensive portfolio management, substantial credit research capabilities, complete data management, and a full range of accounting and auditing services. Responsibilities include investment management; recordkeeping, accounting, and reporting; participant transaction and administrative services; audit and custody coordination; participant services; and technology, controls, and business continuity support. The contract period will be three years.

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Frequently asked questions

When is the submission deadline?: Submissions are due October 20, 2026. Questions must be submitted by September 25, 2026.
Who issued this RFP?: It was issued by Office Of The General Treasurer. The work is located in Warwick, Rhode Island, United States.
Who is a good fit for this opportunity?: Investment management firm with public-sector pooled investment experience
Strong portfolio management and credit research capabilities
Proven recordkeeping, accounting, reporting, and audit coordination expertise
Experience serving municipalities, government entities, or public funds
Robust participant services, technology controls, and business continuity infrastructure

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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