phone: (212) 312-3533
email: imaropakis@edc.nyc
PIN#10620 Due:
The proposed services shall include but shall not be limited to the following: management of investment assets, custodial services, portfolio analysis, research, benchmarking, reporting, and disbursements.
NYCEDC, through NYCEDC LLC, intends to invest approximately $40 million pursuant to an agreement with a professional investment manager (the “Investment Manager”) for such services for the purpose of generating the funding to support the operations of the Seaport Museum New York (the “Museum”) in furtherance of its mission to provide educational, cultural, and preservation programs supporting the preservation and interpretation of the origins and growth of New York City as a world port.
NYCEDC plans to select an Investment Manager on the basis of factors stated in the RFP, which include, but are not limited to: appropriateness and quality of prior experience, overall expertise and organizational strength, proposed expense ratios and other fees and/or charges, the quality of the proposal and the degree to which it demonstrates the full understanding of, and the ability to perform, the tasks described in the RFP.
It is the policy of NYCEDC to comply with all federal, state, and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status, and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (“M/WBE”) share in the economic opportunities generated by NYCEDC’s projects and initiatives. Please refer to the Required Contract Provisions – Equal Employment Opportunity in Appendix B to the RFP.
Companies that have been certified with the New York City Department of Small Business Services as M/WBEs are strongly encouraged to apply. To learn more about M/WBE certification, please visit https://sbsconnect.nyc.gov/certification-directory-search/. To learn more about NYCEDC’s M/WBE program, please visit https://edc.nyc/opportunity-mwdbe.
Respondents may submit questions and/or request clarifications from NYCEDC by Friday, October 27, 2023, at 5:00 p.m. ET. Questions regarding the subject matter of this RFP should be directed to SeaportMuseumRFP@edc.nyc. Answers to all questions will be posted by Friday, November 3, 2023, to https://edc.nyc/rfps. Questions regarding the subject matter of this RFP will not be accepted after 5:00 p.m. ET on Friday, October 27, 2023. However, technical questions pertaining to downloading and submitting proposals to this RFP may be directed to RFPrequest@edc.nyc on or before Friday, November 10, 2023.
To download a copy of the solicitation documents please visit https://edc.nyc/rfps. RESPONSES ARE DUE NO LATER THAN 11:59 p.m. ET on Friday, November 10, 2023. Please upload a zip file with your company name and title of RFP. Please click the link in the “Deadlines” section of this project’s web page (which can be found on https://edc.nyc/rfps) to electronically upload a proposal for this solicitation.