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City of Cheyenne·Wyoming

Investment Advisory Services for the City of Cheyenne

Closes 1/8/2027$500k – $1MRequest for Proposal
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Description

The City of Cheyenne is seeking a SEC‑registered investment advisory firm to actively manage its municipal investment portfolio, valued at up to approximately $100 million. The selected advisor will provide ongoing portfolio management, investment strategy, liquidity management, and compliance with statutory requirements. Proposals must be submitted electronically through the city’s e‑procurement portal and consist of a technical proposal (qualifications, methodology, team) and a separate price proposal (fee structure). The RFP includes a mandatory acknowledgment of any addenda, a 120‑day proposal shelf life, and requires a Certificate of Insurance upon award. Key dates include a question deadline of 11 Dec 2026, addendum response by 17 Dec 2026, and final proposal submission by 8 Jan 2027. • Manage up to $100 M of municipal assets • Provide investment strategy, trade execution, risk monitoring, and reporting • Must be a SEC‑registered investment advisory firm • Two‑step submission: technical questionnaire + price proposal (both via e‑procurement) • Proposal must remain valid for at least 120 days • Award will be a professional services agreement with insurance requirements • No pre‑bid meeting or site visit required

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

TJ Barttelbort(Purchasing Manager)

[email protected]

(307) 773-1045

Key dates

Opened
10/30/2026
Questions due
12/11/2026
Closes
1/8/2027

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523920
Solicitation №
RFP 2-27

Budget estimate

$500,000 – $1,000,000

Typical municipal investment advisory fees range from 0.5% to 1.0% of assets under management per year. Applied to a $100 M portfolio, the annual fee would be roughly $500,000‑$1,000,000. The contract may also include performance‑based components or additional consulting fees, so the total compensation could vary within that band.

AI estimate from the solicitation

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