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Insurance Fund - NYS·New York

Passive Index Manager Services

Closes 11/20/2025$2.5M – $25MRequest for ProposalLogin required
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Description

The New York State Insurance Fund (NYSIF) is seeking proposals from qualified firms to provide passive investment services across US equity asset classes. NYSIF seeks to invest in a separate account structure and anticipates awarding multiple contracts. The solicitation document can be obtained from NYSIF's Procurement website, and interested parties should email [email protected] with any questions. Key aspects of the job include: • Providing passive investment services across US equity asset classes • Investing in a separate account structure • Multiple contracts may be awarded • Proposals are due by 11/20/2025 at 2:00 PM EST • The contract term is 5 years

Attached files

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

Contact

Alicia Jemmott(Contract Management Specialist)

[email protected]

Key dates

Opened
9/19/2025
Closes
11/20/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523930
Solicitation №
2025-44-INV

Budget estimate

$2,500,000 – $25,000,000

The budget for this contract can be estimated based on the scope of work, which involves providing passive investment services across US equity asset classes for a 5-year term. Although the exact budget amount is not specified, it can be inferred that the contract value will be substantial, given the nature of the services and the contract term. A rough estimate for the budget could be in the range of $500,000 to $5 million per year, considering the contract term and the scope of work. This estimate may be influenced by factors such as the size of the investment portfolio, the level of expertise required, and the competition in the market.

AI estimate from the solicitation

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