Investment Planning Request for Proposal
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May 3, 2023

PLPT EDC Investment Planning RFP Final PDF

The Pyramid Lake Economic Development Committee (“EDC”) is seeking proposals from qualified investment firms or individual persons to provide investment planning support and financial advisory services to the EDC. Response to this Request for Proposal (RFP) must be received no later than 5:00 p.m. (EST) on June 3, 2023.

SCOPE OF WORK

The objective of this work is to:

1) provide support to the effort of EDC to promote sound economic development opportunities in accordance with PL 101-618 Section 208 and in accordance with the EDP;

2) work with the EDC to develop, manage, and administer policy and procedures of the EDF; and

3) to keep the overall Tribe informed of pending issues, guidance, and policy documents promulgated by EDC in that it is able to respond timely and appropriately to protect and advance Tribal economic development. This work, including the following tasks is expected to require an average of 10-20 hours per month:

1. Define and assign responsibilities of all parties involved with investment instruction, investment decisions, and responses to investment opportunity.

2. Establish a clear understanding for parties involved with the investment goals and objectives of the EDF assets.

3. Offer guidance to investment managers regarding the investment of EDF assets.

4. Establish a basis for evaluating investment results.

5. Manage EDF assets in accordance with prudent standards as established in common trust law and fiduciary standards.

6. Establish a relevant investment horizon for which the EDF assets will be managed.

7. Develop a training program for the EDC to become affluent with investment procedures and investment philosophy to achieve desired results for the EDF assets.

8. Other Tasks: Perform other services as requested by the EDC directly related investment policy matters.

Distribution/Advertisement: April 3, 2023 – June 3, 2023

Submittal Deadline: June 30, 2023 at 3:00 PM

FIVE (5) originals of the submittal must be received no later than 3:00 p.m. on June 30, 2023 to:

US Postal Mailing Address:
PYRAMID LAKE PAIUTE TRIBE ECONOMIC DEVELOPMENT COMMITTEE
ATTENTION: DELLA JOHN
P.O. BOX 170
NIXON, NEVADA 89424

Fed Ex and/or UPS Shipping Address:
PYRAMID LAKE PAIUTE TRIBE ECONOMIC DEVELOPMENT COMMITTEE
ATTENTION: DELLA JOHN
208 CAPITOL HILL
NIXON, NEVADA 89424

EMAIL: Proposals may be submitted by email to [email protected], followed by five (5) original hardcopies mailed to the address above.

Copies received by FAX shall not be deemed delivered or received.

Inquiries on this request for proposals should be addressed to:

Ms. Della John, Chair
Pyramid Lake Paiute Tribe Economic Development Committee
Phone: (775) 376-0594
Email: [email protected]

Or Michelle Lee at The Circle Law Group, P.C. (legal counsel for the EDC)
Phone: (916) 809-8900
Email: [email protected]