The State of Nevada Purchasing Division on behalf of the Treasurer’s Office is seeking proposals from qualified vendors to provide Record keeping and Call Center Services for the Nevada Prepaid Tuition Program. To provide greater efficiency and higher quality customer service to existing and prospective participants, the Board is requesting proposals from qualified vendors to serve as Program Administrator providing all or some of the record keeping, fulfillment and call center functions.
The Office of the Illinois State Treasurer (“Treasurer” or “Treasurer’s Office”) is issuing this Request for Proposals (“RFP”) for a Corporate Governance Services Provider (“Respondent”). The Respondent shall advise and assist the Treasurer’s Office and associated investment boards in the development, execution, and administration of corporate governance responsibilities. Respondents must submit their Proposals by 12:00 p.m. CT on June 30, 2016.
The Treasurer’s Office intends to select the Respondent with a strong track record providing corporate governance services to govermnent entities; demonstrated policy development skills; and expertise in corporate engagement, proxy voting, fund monitoring, and corporate governance advocacy. The successful Respondent (“Contractor”) shall enter into a contract with the Treasurer (“Agreement”) for an initial term of three (3) years. Upon expiration of this tenn, the Treasurer may elect to extend the Agreement for a period of time agreed upon by the parties, not to exceed a total often (10) years.
WASHINGTON – The federal government and Congress need to play a more active role in securing infrastructure funding and protecting the tax-exempt status of bonds, said Jim McIntire, Washington state treasurer and president of the National Association of State Treasurers.
In a recent interview with The Bond Buyer, McIntire said that the muni bond market has been hampered due to stresses on state and local budget revenues. As tax reform proposals begin to surface in Congress, he said he wants to remind lawmakers that the nation’s infrastructure, including water and sewer systems, roads and schools are in need of “serious repair.”
“Repairing these systems and maintaining them is not something you can do easily or quickly. It takes a lot of planning and quite a bit of investment,” McIntire said. “It will take planning and broader policy thinking at the federal level.”
“It’s not just local in scope,” he added. “We’re talking about transportation – we all need to get goods across state lines. We have a common interest in getting states and localities to invest, but we need a federal frame for that.”
NAST leaders in February sent a letter to members of Congress urging them to support tax-exempt bonds as a key source of infrastructure funding in the wake of President Obama’s proposed $4.1 trillion 2017 budget that would tax the value of tax exemption at 28%.
The State is seeking a contractor to maintain a primary custodial account for securities reported under Alaska’s Uniform Unclaimed Property Act (AS 34.45.110-78). Contractor will record and track custodial account activity and facilitate the delivery, collection, and sales of unclaimed property securities held by the Department of Revenue, Treasury Division, Unclaimed Property Section.
The Office of the State Treasurer (“OST”) is seeking proposals to provide Custody Management Services as defined in the Request for Proposals (RFP) document. This document provides instructions for submitting proposals, the procedure and criteria by which the Provider will be selected, and the contractual terms which will govern the relationship between the State of Maine (“State”) and the Provider.
OST currently maintains the following fixed income investment portfolio for the Treasurer’s Cash Pool:
Portfolio: Short-term fixed income
Account Size: $301 million
Average # of Holdings: 73
Average # of Annual Trades: 450
Type of Possible Investments: High quality government and/or corporate obligations (see Part II, Section G for Investment Policy)
These funds are managed by OST. The custodian bank will have no responsibility for investing or reinvesting these monies. Securities lending is not permitted for these funds.
Proposals must be submitted to the Division of Purchases, Burton M. Cross Office Building, 111 Sewall Street – 4th Floor, Augusta, Maine, 04330. Proposals must be submitted by 2:00 pm, local time, on Wednesday, June 1, 2016. Late proposals will not be considered.
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The Office of the Illinois State Treasurer (“Treasurer”) is issuing this Request for Proposals (“RFP”), seeking a law fir m to provide arbitrage rebate calculation services for outstanding and future bonds issued by the State of Illinois (“State”). A law firm that wishes to respond to this RFP “(Respondent”) must submit its Proposal by 12:00 p.m. CT on June 3, 2016. The successful Respondent (“Contractor”) shall enter into a contract with the Treasurer (“Agreement”) for an initial term of three (3) years. Upon expiration of this term, the Treasurer may elect to extend the Agreement for a period of time agreed upon by the parties, not to exceed a total of ten (10) years, including the initial three (3) years.
The State of Tennessee Department of Treasury is seeking a contractor to provide marketing and advertising services for the sole purpose of assisting the TNStars® College Savings 529 Plan (“TNStars®”) with increasing the number of accounts and assets in the plan. Launched in 2012, TNStars® is a 529 plan developed and maintained in accordance with 26 U.S.C. §529. Information about the plan may be found at www.tnstars.com.
Named after the section of the Internal Revenue Code, 529 plans are tax-advantaged vehicles for families to plan, save and invest for future college costs. Enrollment in TNStars® is open to individuals who are either residents of Tennessee or residing out-of-state. Funds saved in TNStars® may be used to cover qualified higher educational expenses, including tuition and fees, room & board, computers and computer software, and equipment and supplies that are required for attendance or enrollment at an institution of higher education. The funds may be used at any post-secondary institution, domestic and abroad, that accepts federal financial aid.
Marketing and advertising should be directed to both existing and prospective TNStars® participants to assist individuals in meeting their college savings goals by choosing the TNStars® College Savings 529 Program. While there is an awareness component of marketing and advertising TNStars®, the primary focus of the efforts should be toward conversions of prospective participants to contribute to new accounts and increased savings contributions by existing participants into their TNStars® accounts. Participants in the plan may contribute by check, electronic funds transfer, automatic contributions, rollovers from other 529 college savings plans, transfers from a UTMA/ UGMA account, transfers from a Coverdell Education Savings Account, transfers from the redemption of Qualified US Savings Bonds, gifts by third-party contributors such as family and friends, and payroll deduction from employers.
Through this APS, the State seeks to procure necessary goods or services at the most favorable, competitive prices and to give all qualified businesses, including those that are owned by minorities, women, Tennessee service-disabled veterans, and small business enterprises, an opportunity to do business with the state as contractors, subcontractors or suppliers.
NAST Appointed to Congressional Task Force on Intergovernmental Affairs https://goo.gl/do8ZYR