Agency: City of San Gabriel
Contact: Michelle Marquez (mmarquez@sgch.org)
Phone: 626-308-2800
Deadline: 06/09/2022
More: RFP Detail Online
The City maintains cash in the form of petty cash at City facilities, bank deposits, investments in the Local Agency Investment Fund (LAIF), and investments in Certificates of Deposits (CD).
As of March 2022, the city has $24 million in the Local Agencies Investment Fund (LAIF) and investments. The City is looking to expand and diversify its investment strategy. The latest Investment Policy can be found at the end of this document.
During the Request for Information (RFI), prospective broker/dealers are required to provide information on their practice, financial condition, and other factors. The intent is to enter a long-term relationship, therefore, the integrity of the firm and the personnel assigned to the cities account is of primary importance.