NOTICE: We’ve Moved: The Office of the State Treasurer is now located at 165 Capitol Ave. Hartford, CT 06106

Requests for Information/Proposals/Bids

1. Request for Proposal to solicit proposals from government entities to assist the State of Connecticut with the implementation of a federally qualified Achieving a Better Life Experience (“ABLE”) program in the State of Connecticut.

The Office of the Treasurer (hereinafter “OTT”, the “State” or the “Treasurer”) of the State of Connecticut is issuing this Request for Proposal to solicit proposals from government entities to assist the State of Connecticut with the implementation of a federally qualified Achieving a Better Life Experience (“ABLE”) program in the State of Connecticut.

In an effort to speed the establishment of an ABLE program for Connecticut residents and to implement such a program in a cost-effective manner, the OTT seeks to partner with another state or states that already have established ABLE programs.  This RFP seeks to obtain responses pertaining to how state governments have structured their programs and under what terms and conditions such state governments propose to manage a State of Connecticut ABLE program.  This RFP is an offer to contract from governmental entities that may form the basis for negotiation of an agreement to manage the Connecticut ABLE Trust. 

As more fully described in Sections II - IX, herein, respondents who would like to provide ABLE program services may submit proposals in order to be considered through this RFP process (each referred to as “Respondent”). The State expects to select Respondents to provide ABLE program services for a 4-year period with the option to renew twice for two additional four-year terms. The selected Respondents will be expected to execute an agreement with the Treasurer. 

All responses must be submitted by February 3, 2020, via email to the attention of Laurie Martin, Chief Investment Officer at ABLE.RFP@ct.gov.

 

2.  Request for Proposals for Emerging Market Debt Investment Management Services

The State of Connecticut, acting through its Treasurer (hereinafter the “State” or the “Treasurer”) requests proposals from qualified firms (the “Respondent”) interested in providing investment management services for the Emerging Market Debt Fund (“EMD”). The State intends to use this RFP process to select a pool of respondents that may be appointed by the Treasurer to supervise and direct the investments in an emerging market separately managed account.   The Treasurer, elected quadrennially, serves as the principal fiduciary of the $38 billion Connecticut Retirement Plans and Trust Funds (the “CRPTF”) comprised of 15 retirement plans and trust funds. An independent Investment Advisory Council (“IAC”), appointed pursuant to Connecticut General Statutes §3-13b, is charged with advising the Treasurer on matters pertaining to the investment of the CRPTF’s assets, and the Chief Investment Officer of the Office of the Treasurer oversees the day-to-day operations.  
 
As more fully described in Sections II - IX, herein, respondents who would like to provide emerging market investment management services may submit proposals in order to be considered through this RFP process. The State expects to select respondents to provide emerging market debt investment management services for a 5-year period. The selected respondents will be expected to execute an investment management agreement with the Treasurer.  
 
All responses must be submitted by February 7, 2020, via email to the attention of Laurie Martin, Chief Investment Officer at PFM.RFP@ct.gov.