This is a notice that the Office of the New York City Comptroller, Bureau of Asset Management, is seeking comments from the public about the proposed two (2) contracts listed below.
Contract Type: Contract
Scope of Services: Investment Management Services.
Term: September 1, 2025, through August 31, 2028
Renewal Clauses: The contract allows for the options to renew for one (1) or more additional periods, provided the aggregate of such renewal periods does not exceed six (6) years.
The contractors’ name, E-PIN, contract amount and address are indicated below:
E-PIN: 015-218-269-04 IQ
Contractor: Fidelity Institutional Asset Management Trust Company
Contractor Address: 900 Salem Street, Smithfield, RI 02917
Maximum Value: $16,363,509.05
E-PIN: 015-218-269-06 IQ
Contractor: Pzena Investment Management, LLC
Contractor Address: 320 Park Avenue, 8th Floor, New York, NY 10022
Maximum Value: $11,023,641.34
Procurement Method: Investment Manager Search
Procurement Policy Board Rule: Section 3-15
How can I comment on this proposed contract award?
Please submit your comment(s) via email to BAMPublicComment@comptroller.nyc.gov. Be sure to include the E-PIN above in the subject line of your message.
Comments must be submitted before 11:59 P.M. on Wednesday, September 10, 2025.