Request for Proposal for Custodial Banking Services issued July 2018

The board members of the Falmouth Contributory Retirement Board (“Board”) are currently seeking Requests for Proposal for the procurement of a qualified bank or financial institution to provide institutional custodial / master trust services.  The Board is responsible for administering the assets of the Falmouth Contributory Retirement System (“System”), a Massachusetts public pension fund.  As of April 30, 2018, the total assets of the System were valued at approximately $140.7 million.  Please refer to the Request for Proposal (“RFP”) for additional details.  At its discretion, the Board reserves the right to reject in whole or in part any and all proposals.

To obtain a copy of this RFP, please email Francis St. Germaine at the following address:

                        retire@falmouthretirement.org

The proposal should be received at the office of the Falmouth Retirement System no later than 2:00 p.m. EST on Friday, August 17, 2018.  If received after this date and time, proposals will not be considered.