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  5. ›DISCRETIONARY INVESTMENT MANAGEMENT AND CONSULTING SERVICES

Awarded contract·City of North Richland Hills·Texas

DISCRETIONARY INVESTMENT MANAGEMENT AND CONSULTING SERVICES

Won by Garcia Hamilton & Associates, L.P. +2 more$250kMultiple Award
Contract source

Awarded vendors

  • Garcia Hamilton & Associates, L.P.
  • Meeder Public Funds
  • U.S. Bancorp Asset Management, Inc.

Description

The City of North Richland Hills is seeking discretionary investment management and consulting services. The contract was awarded to Garcia Hamilton & Associates, L.P., Meeder Public Funds, and U.S. Bancorp Asset Management, Inc. The services will include investment management and consulting for the city's portfolio. The contract was opened on August 7, 2025, at 2:00 P.M. (CST). Some key points to consider include: • The city reserves the right to reject in part or in whole all proposals submitted, and to waive any technicalities for the best interest of the city. • All bid responses must be turned in complete from cover page to the last page of the bid – pages in order. • No oral explanation in regards to the meaning of the specifications will be made, and no oral instructions will be given after the pre-bid meeting and before the award of the contract.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
523930
Solicitation №
25-027

Contract value

$250,000

The value of the contract is not explicitly stated in the document. However, based on the services provided, it can be estimated that the contract value is likely in the range of $100,000 to $500,000 per year, depending on the scope of work and the number of years the contract is in effect. The city's investment portfolio size and the complexity of the services required will also impact the contract value.

AI estimate from the award documents

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