The Finance Board of the City of Chesapeake Other Post-Employment Benefits (OPEB) Trust (the “OPEB Finance Board”) is seeking written proposals from qualified investment consultants to assist the OPEB Finance Board in their role as Trustee by advising on the investment strategy of the trust fund monies held for the benefit of the City’s municipal employees in accordance with the Code of Virginia Section 15.2-1544 through 15.2-1549 et seq. and the City of Chesapeake OPEB Trust Investment Policy Statement, see Appendix B. Firms that have expertise in advising municipalities or other public entities with regard to investment-related services are encouraged to submit a proposal. The Trust financial data is disclosed in the City of Chesapeake’s Comprehensive Annual Financial Report, which is available on the web at https://www.cityofchesapeake.net/245/Annual-Comprehensive-Financial-Report
OPEB Investment Advisory Services
Agency: City of Chesapeake
Department: City Finance
Address: 306 Cedar Road 5th Floor Finance Chesapeake, VA 23320
Posting Date: 2025-01-10 16:50:15
Due Date: 2025-02-07 17:00:16
Project Type: Request For Proposal
Ref: 179005
Check out for more detail: Official Bid Page
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Categories
- Financial Services
- Financial Advisor
- Financial Services (Not Otherwise Classified)
- Investment Management Services
- Financial Management Services
Scope of Services
The Finance Board of the City of Chesapeake Other Post-Employment Benefits (OPEB) Trust (the “OPEB Finance Board”) is seeking written proposals from qualified investment consultants to assist the OPEB Finance Board in their role as Trustee by advising on the investment strategy of the trust fund monies held for the benefit of the City’s municipal employees in accordance with the Code of Virginia Section 15.2-1544 through 15.2-1549 et seq. and the City of Chesapeake OPEB Trust Investment Policy Statement, see Appendix B. Firms that have expertise in advising municipalities or other public entities with regard to investment-related services are encouraged to submit a proposal. The Trust financial data is disclosed in the City of Chesapeake’s Comprehensive Annual Financial Report, which is available on the web at https://www.cityofchesapeake.net/245/Annual-Comprehensive-Financial-Report
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