Clarifications

  1. The intent of this RFP is to solicit proposals from and select an investment manager for the Police Pension Fund and the Non-Uniform Pension Fund. The Town was very deliberate in the preparation of the RFP and the requirements stated and therefore will not be making any adjustments to the requirements at this point. It will be up to you and your firm whether you wish to submit with that in mind. It is suggested that should a firm decide to submit, that it clearly notes any deviation from the requirements and why it is believed that the alternative presented should be considered.
  1. There is no need for firms to provide details for custodial and benefit transition as mentioned in Section H (TRANSITION) as this RFP is solely for investment Management Services. Also, Black Diamond is an available data feed that can be set up.
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