Federal Retirement Thrift Investment Board, 1250 H St., NW, Suite 200, Washington, DC 20005

R -- SMALL CAPITALIZATION STOCK INDEX INVESTMENT FUND ASSET MANAGEMENT SERVICES SOL TIB-99-R-03 POC Strat D. Valakis 202-942-1670 or Mary F. Parker 202/942-1964 WEB: FRTIB Business Web Site, http://www.frtib.gov. E-MAIL: Purchasing Agent, MPARKER@TSP.GOV. TIB-99-R-03 The Federal Retirement Thrift Investment Board (Board), created by the Federal Employees' Retirement System Act of 1986, administers the Thrift Savings Plan (TSP) for Federal employees. The TSP is a defined contribution plan similar to 401(k) plans in the private sector. The Board has a requirement for small capitalization stock index investment fund asset management and custodial services of assets of the TSP. Prospective offerors must meet the following minimum requirements: (1) The Offeror must comply with the statutory requirements specified in 8438 and 8478 of Title 5 of the United States Code and must agree to serve as a fiduciary of the Thrift Savings Fund, as defined in 8477 of Title 5, with respect to all assets of the Fund under management or custody; (2) The Offeror must be a "qualified professional asset manager" as defined in 8438 of Title 5 of the United States Code; (3) The Offeror must provide a commingled, Year-2000 compliant, daily valued fund suitable for a tax-qualified plan; (4) The firm's key personnel must have at least three years equity index fund management experience and at least five years equity management experience; (5) The offered fund must track the Wilshire 4500 index; (6) The offered fund must provide a securities lending program; (7) The offered fund must accept trades each business day, on a pre-notification trade basis (i.e., trade executed at closing stock prices on the trade date), with an investment notification deadline no earlier than 2:00 p.m., EST. The offered fund must accept funds to cover purchases one business day after the trade date and must wire redemption proceeds one business day after the trade date; and (8) The offeror must provide, through an electronic data file in the format provided by the Board, to the TSP record keeper on each business day the TSP's share of the proposed fund's total earnings, in dollars, for that business day. Total earnings include capital gain or loss (net of trading costs), dividend income, securities lendingincome, and any income from the cash account. The daily earnings are to be transmitted as soon as available each business day, but no later than 6:00 p.m., EST. The solicitation is expected to be available on or about May 11, 1999. Interested parties are invited to submit a written request for the solicitation or download a copy of the solicitation from the Board's web site. For additional information contact the Contract Office at (202) 942-1694; collect calls will not be accepted. All responsible sources may submit an offer which will be considered if it meets the minimum requirements. Posted 04/13/99 (W-SN318775). (0103)

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