Bid guide
How to bid on Investment Advisory Services for the City of Milpitas
What the City of Milpitas is buying
The City of Milpitas is looking for investment advisory services. This opportunity is split into two separate packages, each leading to its own contract. Package A is for managing the City's investment portfolio. Package B is for providing investment and administrative services for the City's Section 115 Trust.
Each contract will have an initial term of five years, with the possibility of two additional one-year extensions. The estimated start date for Package A is January 1, 2027, and for Package B is April 1, 2027.
Key dates and what happens at the deadline
This Request for Proposal (RFP) was published on August 20, 2026. The deadline for submitting your response is September 24, 2026, at 3:00 PM ET. All proposals must be submitted by this time.
It is important to submit your response well before the deadline to avoid any last-minute technical issues.
Who this opportunity suits
This opportunity is suitable for firms specializing in professional investment advisory services. Vendors with experience in managing municipal investment portfolios will be interested in Package A. Firms with expertise in providing investment and administrative services for Section 115 Trusts, particularly for California local government agencies, will find Package B relevant.
The City is looking for comprehensive review, analysis, reporting, and portfolio management services.
How to access and respond to the RFP
To access the full RFP documents, you need to go to the City of Milpitas's procurement portal on OpenGov Procurement. Once on the project page, you will need to sign in or create a free vendor account.
After signing in, you can download the plans, ask questions, join the planholders list, and submit your proposal. Addenda notices will also be sent through OpenGov. Remember to navigate to Project Documents, Section 3 of the main RFP to find the active links for Package A and Package B.
Tips for preparing a competitive response
Carefully review both the main RFP document and the specific details for Package A and/or Package B, depending on which services you are proposing. Ensure your proposal clearly addresses all requirements and questions outlined in the vendor questionnaires for the relevant package(s).
Highlight your firm's experience with similar government entities and demonstrate your understanding of municipal investment policies or Section 115 Trust regulations. Provide clear examples of your reporting capabilities and portfolio management strategies. Pay close attention to the terms and conditions, and ensure your proposal is complete and submitted on time through the procurement portal.
See the live bid — deadline, agency details, and how to respond
Dates and requirements can change via addenda; always verify on the bid page and at the original source before responding.
View this bid on BiddingSimpleThis guide was prepared by BiddingSimple from the solicitation’s public posting. It is not official guidance from City of Milpitas; the original posting controls.