PUBLIC NOTICE
SOQ 24-019
Investment Manager for Jefferson Parish Hospital Service District No. 2
The Parish of Jefferson, authorized by Resolution No. 144230 is hereby soliciting Statements of Qualifications (Jefferson Parish General Professional Services Questionnaire) from firms/individuals interested in serving as Investment Manager for Jefferson Parish Hospital Service District No. 2 by actively trading the portfolio within the District’s Investment Policy guidelines and Louisiana state law.
DEADLINE FOR SUBMISSIONS: _3:30 p.m., June 13, 2024_
These funds consist of one account with a market value of approximately $13,000,000 and the allocation of these funds currently consists of approximately 11 Treasury and Agency Securities, and 23 Municipal and/or Corporate bonds (both taxable and tax exempt). The Investment Manager will be responsible for compliance with state law and internal investment guidelines and, if applicable, various bond indenture covenants of the District.
The following criteria shall be used to evaluate the Statements of Qualification the firms/individuals submitting:
A. Experience in and understanding of investment management; (25 points).
B. Professional training and experience of the individuals or firms assigned to the project, generally and in relation to the subject matter expertise required for the project; (25 points).
C. Past and current accomplishments, for which references from clients or former clients and information gathered by inspection of current or recent projects may be considered; (10 points).
D. Past performance by individual or firm on public sector projects; (10 points).
E. Past performance by individuals or firms on similar-sized private sector projects; (10 points).
F. A suggested fee schedule relative to the services to be used for negotiation purposes; (10 points).
G. Verification that individual or firm is a Securities and Exchange Commission (SEC) Registered Investment Advisor; (5 points).
H. Errors & omissions insurance in effect at the time of submission and adequate financial resources to fund potential obligations resulting from malfeasance, inappropriate conduct, and negligence; (5 points).
The person or firm submitting a Statement of Qualifications (General Professional Services Questionnaire) must identify all subcontractors who will assist in providing professional services for the project in the General Professional Services Questionnaire. Each subcontractor shall be required to submit a General Professional Services Questionnaire and all documents and information included in the questionnaire. (Refer to Jefferson Parish Code Ordinance, Section 2-928)
All persons or firms (including subcontractors) must submit a Statement of Qualifications (General Professional Services Questionnaire) by the deadline. The latest professional services questionnaire may be obtained by contacting the
Purchasing Department at (504) 364-2678 or via the Jefferson Parish website at
www.jeffparish.net. This questionnaire can be accessed by hovering over “Business and Development” on the website and clicking on the Professional Services Questionnaires option under “Doing Business in Jefferson Parish”.
Submissions will only be accepted electronically via Jefferson Parish’s e-Procurement site, Central Bidding, at www.centralauctionhouse.com or www.jeffparishbids.net. Registration is required and free for Jefferson Parish vendors by accessing the following link: www.centralauctionhouse.com/registration.php.
No submittals will be accepted after the deadline.
Affidavits are not required to be submitted with the Statement of Qualifications but shall be submitted prior to contract approval.
Disputes/protests relating to the decisions by the evaluation committee or by the Jefferson Parish Council shall be brought before the 24th Judicial Court.
ADV: The New Orleans Advocate: May 29, June 05 and 12, 2024
In accordance with provisions of the American with Disabilities Act Amendments Act of 2008, as amended, Jefferson Parish shall not discriminate against individuals with disabilities on the basis of disability in its services, programs or activities. If you require auxiliary aids or devices, or other reasonable accommodation under the ADA Amendments Act, please submit your request to the ADA Coordinator at least forty-eight (48) hours in advance or as soon as practical. A seventy-two (72) hour advanced notice is required to request Certified ASL interpreters.
ADA Coordinator/Office of Citizens with Disabilities
1221 Elmwood Park Blvd., Suite 210, Jefferson, LA 70123
(504) 736-6086, [email protected]