When is the submission deadline?

Submissions are due July 16, 2026. Questions must be submitted by June 18, 2026.

What is the budget for this RFP?

Settle estimates the budget at $1,000,000 – $5,000,000. The issuer has not published an official figure.

It was issued by Clark County School District. The work is located in Las Vegas, Nevada, United States.

Who is a good fit for this opportunity?

Demonstrated experience managing multi-billion dollar public sector investment portfolios. Licensed and authorized to provide investment management services in Nevada. Strong knowledge of Nevada Revised Statutes and public fund investment regulations. Proven track record in providing detailed financial reporting to government clients. Robust risk monitoring and compliance infrastructure.

Investment Management Services (Due July 16, 2026)

Overview

Financial, Legal, HR & Staffing

Las Vegas, Nevada, United StatesPosted: June 5th, 2026Deadline: July 16th, 2026

Fit Score

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SUMMARY

Las Vegas government authority is soliciting comprehensive investment management services for its multi-billion dollar portfolio, requiring monthly reporting and active portfolio oversight.

KEY REQUIREMENTS

Must be licensed and registered as an investment adviser with the U.S. Securities and Exchange Commission or appropriate state regulatory authority
Must have at least 10 years of experience with public sector clients at an investment consulting or investment management firm
Must demonstrate experience managing portfolios of similar size and complexity, with at least $1 billion in assets under management for public entities
Must adhere to the Code of Ethics and Standards of Professional Conduct as described by the Chartered Financial Analyst Institute
Must employ staff with relevant professional credentials such as CFA, CPA, or equivalent
Must claim compliance with Global Investment Performance Standards, or disclose and explain any exceptions
Must maintain insurance coverage including Commercial General Liability and Professional Liability with minimum limits of $1,000,000 per occurrence
Must be able to transact purchase orders and invoices on SAP Business Network

BUDGET

Estimate

$1,000,000 – $5,000,000

CONTRACT DURATION

12 months

TIMELINE

Initial posting of RFP: June 4th, 2026

Deadline for submitting questions: June 18th, 2026

Answers to all relevant questions should be available: July 2nd, 2026

Deadline for submission and opening date of proposals: July 16th, 2026

Selection of Supplier for recommendation to the Board: July 30th, 2026

Issuance of Purchase Order: August 28th, 2028

QUESTION DEADLINE

June 18th, 2026

Issuing Agency

Clark County School District

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DESCRIPTION

The government authority in Las Vegas, Nevada is seeking a qualified investment manager to provide comprehensive investment management services for its approximately three-billion-dollar portfolio, which includes operating and capital project funds. The investment manager will be responsible for investing portfolio funds on a discretionary basis in accordance with applicable Nevada Revised Statutes, the District’s Investment Program, and the direction provided by the Cash and Investment Manager (C&I) and Investment Committee.

Key responsibilities will include sending trade and transaction confirmations to the C&I Manager, Treasury Analysts, and custodial bank, as well as providing explanations and justifications for each buy and sell decision. The selected firm must monitor the portfolio’s credit exposure risk, promptly reporting any material events to the C&I Manager.

In addition, the investment manager must deliver comprehensive monthly reports detailing portfolio holdings and investment accounting, portfolio analysis, compliance, performance, and realized gains and losses. These reports should include specific details—par value, original cost value, book value, market value, rating, coupon, maturity, issuer, and settlement date for each security held in the portfolio.

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Frequently asked questions

When is the submission deadline?: Submissions are due July 16, 2026. Questions must be submitted by June 18, 2026.
What is the budget for this RFP?: Settle estimates the budget at $1,000,000 – $5,000,000. The issuer has not published an official figure.
Who issued this RFP?: It was issued by Clark County School District. The work is located in Las Vegas, Nevada, United States.
Who is a good fit for this opportunity?: Demonstrated experience managing multi-billion dollar public sector investment portfolios
Licensed and authorized to provide investment management services in Nevada
Strong knowledge of Nevada Revised Statutes and public fund investment regulations
Proven track record in providing detailed financial reporting to government clients
Robust risk monitoring and compliance infrastructure

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