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Managed Investment Fund for Self Insurance Fund

This tender is using the new split file responses feature on GETS. The agency has indicated that they would like to receive responses separated by price and non price components. Please keep this in mind when preparing your response for submission via GETS.

Details

Tender Closed
RFx ID : 25700069
Tender Name : Managed Investment Fund for Self Insurance Fund
Reference # :
Open Date : Thursday, 14 April 2022 2:30 PM (Pacific/Auckland UTC+12:00)
Close Date  : Thursday, 5 May 2022 5:00 PM (Pacific/Auckland UTC+12:00)
Tender Type : Request for Proposals (RFP)
Tender Coverage : Sole Agency  [?]
Categories :
  • 84120000 - Banking and investment
Regions:
  • International
Exemption Reason : None
Required Pre-qualifications : None
Contact : Sowmya Mididoddi
sowmya.mididoddi@aucklandcouncil.govt.nz
021 587 741
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Overview

The Auckland Council Group (AC) is creating an asset backed self-insurance fund (SIF) and requires the management of the investment fund to be outsourced to an external provider. You will:
• set up and manage a segregated investment account (the SIF).
• in association with council develop approved fund documentation including a Statement of Investment Policy and Objectives and Responsible Investment Policy
• manage the investment fund
• provide regular reporting on investment performance including benchmarking of the fund.