This Invitation to Negotiate (ITN) has been issued by the Florida Prepaid College Board, pursuant to Section 287.057, Florida Statutes, to obtain written offers for services (Responses) from qualified firms (Respondents) to manage a fixed income investment portfolio (Core Portfolio) designed to outperform the Bloomberg Barclays US Aggregate Bond Index (Benchmark).

The Board intends to contract with at least one firm that employs an active management style to achieve excess returns, over the Benchmark, through sector selection, security selection, yield curve management, duration management, or some combination thereof. The decision on the number of managers will be based on the responses and how they align with the overall goals of the Board.

The Board currently invests $220 million in a Core Portfolio for the Savings Program. Additionally, the Board is considering the allocation of up to $1 billion from the Prepaid Program to a Core Portfolio.

The forms provided herein are made available in Microsoft Word on the Board’s website for ease of completion. Responders must use the provided forms. Additional information may be added as appendixes to support the forms. However, primary consideration will be given to the information provided in the forms.

Please visit: myfloridaprepaid.com/who-we-are/about-the-board/board-reports-and-plans/.

 
Invitation to Negotiate will be opened at the below address at 02:00 P.M., June 22, 2018.
 
Please direct all questions to:
Georgia Gunn
Phone: (850) 488-8514
 
1801 Hermitage Blvd, Ste 210
Tallahassee FL, 32308
 
Email: ITNinfo.Prepaid@myfloridaprepaid.com
 
Any person with a disability requiring special accommodations at the pre-solicitation conference and/or bid/proposal opening shall contact purchasing at the phone number above at least five (5) working days prior to the event. If you are hearing or speech impaired, please contact this office by using the Florida Relay Services which can be reached at 1 (800) 955-8771 (TDD).
 
The Department reserves the right to reject any and all bids or accept minor irregularities in the best interest of the State of Florida.
 
Certified Business Enterprises are encouraged to participate in the solicitation process.
 

Downloadable Files for Advertisement

Version	Description	Type	Required
Original	ITN-1801 Fixed Income (Open/Save/View)	Complete Document
002	Written Request for Clarification Response (Open/Save/View)	Complete Document
002	Revised Appendix D (Open/Save/View)	Complete Document
003	Notice of Intent to Award (Open/Save/View)	Complete Document