Administrative Office of the US Courts, OFSAS-CD, Ste. G-400, Washington, DC 20544

R -- COURT REGISTRY INVESTMENT SYSTEM (CRIS) SOL USCS 99-5122 DUE 090999 POC Larry B. Postell, 202-502-1330 The Administrative Office of the U.S. Courts (AOUSC) is seeking a contractor to perform investment and recordkeeping tasks in support of the Court Registry Investment System (CRIS). CRIS is a cash management system for court registry funds administered by the Clerk of the U.S. District Court of the Southern District of Texas which is located in Houston, TX. As of December 1998, 21 courts around the country have their registry funds in the CRIS. These 21 courts had more than 2,225 individual cases with approximately $526 million invested in CRIS. During the year ending December 1998, about $45 million in securities were purchased weekly within a range of about $20 million to $60 million. Securities purchased are normally held until maturity. Safety of principal and liquidity of investments without sacrificing principal are among the more important objectives of the CRIS. The Clerk of the U.S. District Court of the Southern District of Texas, known as the CRIS Fund Manager, requires contractor's serviceswhich include: (1) assisting in developing investment portfolio strategies to accomplish the objectives of CRIS; (2) providing advice on the selection of specific investments; (3) executing directed security transactions; and (4) maintaining case-by-case accounting records. In brief, each week members of the CRIS notify the CRIS Fund Manger of new deposits or planned withdrawals. This information is combined with maturing security information to determine whether there are monies available to purchase new securities or whether other securities from the portfolio must be sold to cover planned withdrawals. The contractor will advise what security transactions, consistent with the objectives of CRIS, are appropriate in these instances. The CRIS Fund Manager will then direct the contractor to buy or sell specific securities. Securities purchased by the contractor will be transferred to the CRIS account in the Securities Handling Resource-sharing Endeavor (SHARE) system maintained by the Federal Reserve. Once confirmation of the transfer has been received from the Federal Reserve Bank (FRB) of Dallas, an immediate (same day) payment (deposit) will be recorded in the contractor's reserve account at the FRB. In those rare instances when securities must be sold prior to maturity, funds must be deposited in Treasury's General Account at the Federal Reserve Bank prior to the securities being transferred from the CRIS account in SHARE. Because monies remain on deposit with the Treasury and are never in possession of the contractor, there are no collateral requirements. The contractor will next update individual case records by adding new deposits, subtracting withdrawals and allocating portfolio earnings. A case investment report will then be mailed to each court member. Other portfolio information and statistics will be provided to the CRIS Fund Manager on a regular basis. The solicitation is scheduled to be released on or about July 29, 1999. All requests for the solicitation document must be in writing and mailed to theattention of Mr. Larry B. Postell, AOUSC, OFSAS- CD- CB, Suite G-400, Washington, DC 20544, or faxed to 202-502-1066. Posted 06/15/99 (W-SN343264). (0166)

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