May 29

Request for Proposals for Professional Services: Pension Funds Investment Management Advisory Services

Township of Spring, Berks County, Pennsylvania
Request for Proposals for Professional Services:
Pension Funds Investment Management Advisory Services

The Township of Spring, Berks County, Pennsylvania, is seeking proposals for pension funds investment management advisory services for its Police, Firefighters, and Non Uniformed Pension Funds, including:

1. Comprehensive investment services including investment management, advisory services and strategy;
2. A comprehensive menu of pension administrative services;
3. All banking and custodial services commensurate with maintaining a municipal pension plan;
4. Additional administrative or advisory services, relevant to a Pennsylvania Municipal Defined Benefit Pension Plan;
5. Attend periodic meetings with the Township leadership to review the pension plan performance;
6. Preparation of financial statements;
7. Preparation of all related pension forms required by Pennsylvania and Federal government statues;
8. Administrative services that include document services, accounting and asset allocations, monthly transactions and periodic
account statements; and
9. Retiree payments and tax related accounting functions including preparation of 1099R forms.
The specifications for the requested services shall relate to applicants’ qualifications, experience, expertise, and fee schedules with respect to the requested services, and such other specifications as may be required by state or federal law.

The procedure to compete for the contract shall require applicants obtaining application and disclosure forms on the Township’s website at www.springtwpberks.org or in person at:

Township of Spring
2850 Windmill Road
Sinking Spring, PA 19608

All interested respondents shall complete each section of the application and disclosure forms. Completed proposals must be received no later than 3:00 PM on June 28, 2019. Proposals must be sealed and clearly marked “Proposal for Pension Funds Investment Management Advisory Services” on the envelope. One (1) complete copy, one (1) unbound complete copy, and one (1) electronic copy of each proposal are to be submitted. The hard copies shall be delivered to: Township of Spring, Attn: John Groller, 2850 Windmill Road, Sinking Spring, PA 19608. The electronic copy can be submitted via flash drive or emailed directly to the Township by sending a PDF copy to jgroller@springtwpberks.org.

Each application shall be accompanied by all disclosures required by Pennsylvania Act 44 of 2009. All proposals shall be made public after the contract is awarded except for proprietary information or other information protected by law.

Application – Pension Funds Investment Management Advisory Services