Bid guide

How to bid on CTF Active Emerging Markets Managers for Washington State

Washington State (WEBS) Olympia, WACloses January 1, 2028

What Washington State is buying and why it matters

The Washington State Investment Board (WSIB) is looking for firms to actively manage emerging markets equity portfolios within its Commingled Trust Fund (CTF). This is an opportunity for investment management firms to partner with a state agency on significant financial portfolios.

This solicitation is continuous, meaning the WSIB will review and evaluate potential firms on an ongoing basis. This provides a sustained chance for qualified vendors to be considered.

Key dates and what happens at the deadline

This opportunity has a stated deadline of December 31, 2027, at 8:00 PM ET. However, the WSIB has indicated that this search will remain open and firms will be continuously reviewed until the WSIB staff and Board decide otherwise. This means submissions are accepted and evaluated on an ongoing basis.

At the deadline, or upon WSIB's decision to close the opportunity, no further submissions will be considered for this particular solicitation. It is important to submit your response well before any final closure.

Who this opportunity suits

This opportunity is suitable for professional investment management firms with expertise and a proven track record in actively managing emerging markets equity portfolios. Firms should have the capacity and experience to handle significant trust fund assets.

The relevant category for this work is professional services, specifically within financial and investment management.

How to respond

To access the solicitation, you need to go to Washington State's WEBS Bid Calendar. You can find this bid by its reference number, OP 2, on the calendar.

While viewing the solicitation details is public, downloading the full documents and submitting your response requires a free WEBS vendor sign-in. You must register for an account and submit your response through the WEBS portal before the stated close date.

Practical tips for preparing a competitive response

Given the continuous nature of this solicitation, ensure your firm's profile and capabilities are clearly articulated. Highlight your specific experience and success in managing emerging markets equity portfolios, including any unique strategies or advantages.

Pay close attention to any specific requirements or criteria outlined in the full solicitation documents once you access them through WEBS. Tailor your response to directly address these points. Since this is an ongoing review, ensure your submission is thorough and professional, as it may be evaluated at any time.

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 BiddingSimple

This guide was prepared by BiddingSimple from the solicitation’s public posting. It is not official guidance from Washington State (WEBS); the original posting controls.