RFP – Investment Services

Request for Proposal – Chamber Investment Management Services

The Greater Spokane Valley Chamber of Commerce’s Board of Directors wishes to invest current unallocated cash reserves to benefit the organization into the future. Investments should follow the policy and guidelines provided in the Chamber’s Statement of Investment Policy and Guidelines document.

The Chamber will initially have $200,000 available for investment.  The Chamber is now seeking proposals from qualified investment managers to invest the funds to achieve the Chamber’s investment objectives.

The Board has approved the Finance and Budget Committee to oversee the investment of these funds.  This Committee is comprised of Board members as well as members of the community-at-large knowledgeable of investments.  The Committee has already completed the creation of the investment framework (Investment Policy) and which includes the policies to be followed relating to oversight of investment manager(s).

 

All submissions are due by 4:30 p.m. PST Friday April 30, 2021.  The Committee will review the submissions and create a shortlist to interview.    The Committee will recommend to the Board the preferred investment manager.