SOURCES SOUGHT
R -- Review and critically evaluate the organizational design, structure, and practices of the OTFI overall and its investment program. Identify areas of strengths, weaknesses, and conformance with best practices of other public and private investment
- Notice Date
- 9/14/2011
- Notice Type
- Sources Sought
- Contracting Office
- US Dept of the Interior - National Business Center TASS/Acquisition Services7301 W Mansfield D-2941 Denver CO 80235
- ZIP Code
- 80235
- Solicitation Number
- D11PS40532
- Response Due
- 9/26/2011
- Archive Date
- 9/13/2012
- Point of Contact
- Kathrine Stewart Acquisition Support Specialist 3039695877 Kathrine_M_Stewart@nbc.gov;
- E-Mail Address
-
Point of Contact above, or if none listed, contact the IDEAS EC HELP DESK for assistance
(EC_helpdesk@NBC.GOV)
- Small Business Set-Aside
- Total Small Business
- Description
- Methodology: Review and evaluate available data from OTFI and compare with similar data from other relevant public and private funds and institutional investors, best practices, and published surveys chosen by the auditing firm; information should be evaluated with the understanding that OST is bound by statutes on how to invest and manage trust funds. The review should include input from OTFI's employees when appropriate. A. Governance and Organizational StructureThe contractor will perform a review of the governance and organizational structure of the OTFI in terms of the make-up of its leadership, qualifications and adequacy of staff, and level of monitoring and oversight provided in policies, procedures, and practices. The contractor shall evaluate the adequacy of the policies concerning delineation of roles and responsibilities of the leadership, staff, investment managers, and others with administrative or oversight responsibilities. B. Investment Policy C. Management StructureEvaluate OTFI's current investment management structures and costs. The review process will consider the advantages and disadvantages of various styles of investment management, including active versus passive, internal versus external, higher or lower levels of risk in various investment classes and the appropriate number and types of external managers. Evaluate the scope of work and performance of current external investment managers, including the external investment management structure, the use of investment advisors, and other external decision-making processes. D. Implementation/Selection of Service ProvidersAnalyze how investment service providers are selected, including the transparency in thedecision-making process, whether specific criteria and procedures govern the selectionprocess, whether they are actually observed in the selection process, and whether there isadequate documentation of the manager selection process. Analyze OTFI's process for measuring, evaluating and controlling transaction costs as well as OTFI's use of soft dollars (including, but not limited to, any trips, money, software, etc., received by management members or staff from vendors), directed brokerage and commission recapture (if any), and compare to other funds as well as public or private third party industry surveys. Evaluate the basis and methodology for the compensation of external investment managers and advisors and payments to others, if any. E. Evaluate OTFI's relationship with their custodian, including the custodian's breadth of services, technological planning and capability to address OTFI's needs (present and future), their structure and level of fees, cash management and analytical services. F. Review and Control ProceduresEvaluate the Internal controls in place to ensure compliance with the adopted standards, policies, and procedures for managing investment and fiduciary risk, in comparison with private industry standards. Controls over payments should be analyzed for effectiveness in ensuring accuracy and compliance with fee schedules. Evaluate the risk management process by analyzing, as appropriate, the essential components of its internal control structure. These components include, but are not limited to, risk identification, risk analysis, segregation of duties, availability of information, timeliness, accessibility and accuracy of information, policy manuals, supervision and review, audits (external and internal), and training and planning. A review of this task area should also encompass an assessment of whether the pension fund utilizes a holistic view of risk management. This notice is a market survey and is for information and planning purposes only and does not commit the Government to any contractual agreement. THIS IS NOT A REQUEST FOR PROPOSALS OR REQUEST FOR QUOTE. The Government will not issue an award based upon Vendor responses to this announcement. The Government shall not assume any costs for preparing or submitting any information in response to the market survey or the Government's use of the information. Any proprietary information should be clearly identified as "proprietary information." This is strictly market research and the Government will not entertain questions concerning this market research. The vendor responses must demonstrate their expertise, experience, certification and education level in providing the services. Please note that failure to specifically demonstrate capability to provide the required services in your response to this market survey may affect the Government's review of industry's ability to perform these services. The vendor's response shall be in sufficient detail to allow the Government to assess the capability of your firm. The vendor response shall also include any other specific and relevant information related to the requirements of this project that will enable the Government to determine the capabilities of the company to perform the specialized requirements Vendor responses must include the following: - Duns Number - Company name and address with point of contact, email, and phone number - Specific and relevant information related to the requirements of this project that will enable the Government to determine the capabilities of the company - Vendor responses should not exceed a total of twenty (20) pages, singled-spaced, 1" margins, font size Times New Roman 12. - Submit response electronically to Kathrine_M_Stewart@nbc.gov, no later than 12:00 pm (MST) on September 26th, 2011.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/notices/638701e1f3a1318ea4e29f8d50b24a05)
- Place of Performance
- Address: OST, Albuquerque, NM 87109
- Zip Code: 87109
- Zip Code: 87109
- Record
- SN02575726-W 20110916/110914235610-638701e1f3a1318ea4e29f8d50b24a05 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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