Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Rhode Island guideRhode Island Bids and Bidding Guide
  • Financial Services RFPsFinancial Services Bids and Bidding Guide
  • How to answer an IFBInvitation for Bid: You Just Received an IFB, Now What?
More financial services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Closed bids
  3. ›Rhode Island
  4. ›Financial Services
  5. ›Independent Investment Advisor

Rhode Island Public Transit Authority·Rhode Island

Independent Investment Advisor

Closes 6/10/2026$150k – $500kInvitation for Bid
Bid source

This opportunity has closed.

Bid Banana tracks 1.6M+ bids and awards across all 50 states. Save a search and we'll email your new matches, daily or weekly — so the next one reaches you with time to bid.

Get alerted next time

Description

Rhode Island Public Transit Authority is seeking an independent investment‑advisory firm to provide strategic pension‑fund consulting services. The advisor will develop an Investment Policy Statement, review and recommend asset‑allocation changes, monitor investment performance, prepare and present semi‑annual or quarterly reports, and assist with RFP preparation and evaluation for investment‑manager selection. The contract begins July 1, 2026, runs for one year with up to four optional one‑year renewals, and is funded 80 % by the Federal Transit Administration and 20 % by RIPTA.

Attached files

Contact

Sheryl Gomes(Contracts Manager)

[email protected]

(401) 784-9500

Key dates

Opened
6/25/2025
Questions due
5/18/2036
Closes
6/10/2026
Duration
1 year

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
523130
Solicitation №
26-19

Budget estimate

$150,000 – $500,000

The solicitation does not publish a ceiling price; typical fees for comprehensive pension‑fund advisory services of this scale range from $150 K to $500 K annually, depending on reporting frequency, depth of analysis, and optional RFP assistance. Because the contract may be renewed up to four additional years, total potential earnings could approach $2 M.

AI estimate from the solicitation

Similar opportunities

Matched by Bid Banana AI™

Bid Banana · 1.6M+ bids and awards 🍌

You found this one too late. Don't find the next one too late.

Bid Banana searches open government bids across all 50 states, updated daily. Save a search once and we email you your new matches, daily or weekly, while there is still time to win them.

1.6M+
bids & awards
All 50
states
4,000+
agencies
Start your 7-day free trial

Plans from $49.99/month. Cancel anytime, no setup fees.

Built by The Bid Lab, answering RFPs since 2017.

Central Washington University·Washington

Top match · 66%

Investment Advisory Services

Closes 11/20/2026Opened 10/26/2026

U.S. Department Of Transportation·District of Columbia

65% match

Independent Financial Advisors Vendor Pool

Closes 2/28/2027Opened 7/14/2026

U.S. Department Of Transportation·United States of America

63% match

Independent Financial Advisors Vendor Pool

Closes 2/28/2027Opened 7/14/2026

City of Colorado Springs·Colorado

61% match

Cemetery Endowment Fund Investment Advisory Services

Closes 11/2/2026Opened 10/1/2026

U.S. Department Of The Treasury·United States of America

60% match

International Finance Sector Advisors - Personal Services Contractor

Closes 12/31/2026Opened 8/12/2026

Massachusetts Bristol Community College·Massachusetts

59% match

M-07-27 Investment Advisory Services

Closes 11/12/2026Opened 10/22/2026

U.S. Department Of The Treasury·District of Columbia

59% match

INFRASTRUCTURE FINANCE ADVISORS - PERSONAL SERVICES CONTRACTORS

Closes 12/31/2026Opened 7/1/2026

U.S. Department Of The Treasury·United States of America

59% match

INFRASTRUCTURE FINANCE ADVISORS - PERSONAL SERVICES CONTRACTORS

Closes 12/31/2026Opened 7/1/2026

South Jersey Ports·New Jersey

58% match

Financial Advisor – Professional Services (SJPC 26-30-FA)

Closes 11/17/2026Opened 10/9/2026

Oregon State Treasury·Oregon

58% match

Real Estate Portfolio Consultant Services

Closes 12/4/2026Opened 9/23/2026

Alaska Energy Authority·Alaska

58% match

Fixed Income Investment Manager

Closes 11/20/2026Opened 10/29/2026

Central Washington University·Washington

58% match

CWU RFP 26-010 Investment Advisory Services

Closes 11/20/2026Opened 10/12/2026

U.S. Department Of The Treasury·District of Columbia

58% match

INTERNATIONAL PUBLIC FINANCIAL MANAGEMENT TECHNICAL ADVISOR BUDGET AND FINANCIAL ACCOUNTABILITY - PERSONAL SERVICES CONTRACTOR

Closes 12/31/2026Opened 7/1/2026

Township of North Brunswick·New Jersey

58% match

Financial Advisor

Closes 11/13/2026Opened 10/21/2026

Cherry Hill Township·New Jersey

56% match

2027 Prof Services - Municipal Advisor (Financial)

Closes 11/6/2026Opened 10/6/2026

Santa Ana Watershed Project Authority·California

56% match

RETIREMENT PLAN FIDUCIARY ADVISORY AND CONSULTING SERVICES

Closes 11/23/2026Opened 10/20/2026

U.S. Department Of The Treasury·United States of America

56% match

Senior Advisor, Government Debt and Infrastructure Finance - Personal Services Contractor

Closes 12/31/2026Opened 10/7/2026

West Liberty University·West Virginia

55% match

27-0004 - Municipal Bond Advisor

Closes 11/4/2026Opened 10/2/2026

Bill and Hillary Clinton National Airport·Arkansas

55% match

Municipal Advisory Services

Closes 12/2/2026Opened 10/31/2026

Sharyland ISD·Texas

55% match

Independent Employee Benefits Consulting Services Health & Medical Plans

Closes 11/10/2026Opened 10/19/2026

State of Delaware STA·Delaware

55% match

Venture Capital Seed Fund Program Management

Closes 12/2/2026Opened 10/23/2026

U.S. Department Of The Treasury·United States of America

55% match

INTERNATIONAL PUBLIC FINANCIAL MANAGEMENT TECHNICAL ADVISOR BUDGET AND FINANCIAL ACCOUNTABILITY - PERSONAL SERVICES CONTRACTOR

Closes 12/31/2026Opened 7/1/2026

City of Cheyenne·Wyoming

55% match

Investment Advisory Services for the City of Cheyenne

Closes 1/8/2027Opened 10/30/2026

U.S. Department Of The Treasury·District of Columbia

55% match

ECONOMIC CRIMES TEAM ADVISOR - PERSONAL SERVICES CONTRACTOR

Closes 12/31/2026Opened 7/1/2026

U.S. National Institutes of Health·United States of America

55% match

Independent Scientist Award (Parent K02 - Independent Clinical Trial Not Allowed)

Closes 5/7/2027Opened 4/24/2024