New York Bids > Bid Detail

Cash Manager RFP

Agency: The New York State Contract Reporter
Level of Government: State & Local
Category:
  • R - Professional, Administrative and Management Support Services
Opps ID: NBD15621389455303607
Posted Date: Nov 2, 2022
Due Date: Dec 16, 2022
Source: https://www.nyscr.ny.gov/ifram...
Issue Date: 11/02/2022 Contract Number: C230002
Cash Manager RFP
Description:

Pursuant to the provisions of 9 NYCRR, Section 9003.2, authorized by Section 5 of the State Finance Law, the New York State Deferred Compensation Board, beginning Wednesday, November 2, 2022, is soliciting proposals from Financial Organizations to provide active cash management fixed income investment services in a separate account structure benchmarked to the Bank of America Merrill Lynch 3-Month T-Bill index. The separate account will handle cash management needs of the New York State Deferred Compensation Plan's Stable Income Fund. The Stable Income Fund is offered as an investment option under the Deferred Compensation Plan for Employees of the State of New York and Other Participating Public Jurisdictions, a plan meeting the requirements of Section 457 of the Internal Revenue Code and Section 5 of the State Finance Law, including all rules and regulations issued pursuant thereto. A copy of the request for proposals may be obtained from Callan's website: https://www.callan.com/RFPs/ or on the Board's website: www.deferredcompboard.ny.gov . All proposals must be received no later than the close of business on Friday, December 16, 2022.

Due Date: 12/16/2022 5:00 PM

Contract Term: up to 10 years

Location: Albany, NY

Ad Type: General

Primary Contact: NYS Deferred Compensation Plan
Callan, LLC

Thomas Shingler
Vice President
1 Deforest Avanue
Suite 101
Summit, NJ 07901
United States
Ph: 908-522-3888
Fax: 908-277-1503
shingler@callan.com
Secondary contact: NYS Deferred Compensation Plan
Callan, LLC

Thomas Shingler
Vice President
1 Deforest Avenue
Suite 101
Summit, NJ 07901
United States
Ph: 908-522-3888
Fax: 908-277-1503
shingler@callan.com

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