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City of Redondo Beach

· City

· California

Broker and Dealer Questionnaire and Certification for Investing Measure FP Bond Proceeds

PROPOSALS DUE

October 09, 2026, 2:00 pm PDT

Closed

WHAT THEY WANT

(Summarized from the RFP)

The City of Redondo Beach, through the Office of the City Treasurer, is seeking qualified broker/dealers to transact with the City in investing the proceeds of its upcoming Measure FP General Obligation Bonds. Measure FP is a November 5, 2024 voter-approved $93,350,000 general obligation bond measure funding the reconstruction of two fire stations and the modernization of police facilities. Responding firms that pass the City's review will be placed on the City's Approved List of Broker/Dealers and used to purchase permitted securities for the bond proceeds, and for any future rebalancing of that portfolio.

CHANGES SINCE PUBLISHED

1 change

WHAT OTHERS ASKED

No questions were answered in writing before it closed.

ABOUT THIS RFP

RFP number

RFQ#2627-004

Budget

Not Assigned

Published

Entity type

City

State

California

Summarized from the City of Redondo Beach portal.

HOW TO SUBMIT

Responses are submitted electronically through the City's OpenGov procurement portal at https://procurement.opengov.com/portal/redondo, answering all twenty questionnaire items completely and attaching the FOCUS report, audited financial statements, and trading resolution. Questions and clarification requests go through the same portal. Staff contact: Sarah Meacham, Chief Deputy City Treasurer, sarah.meacham@redondo.org; the signed Certificate of Receipt and Understanding of the Investment Policy is returned to that email by selected firms.

NAICS CODES & TAGS

541990

Investment Management and Portfolio Advisory

Banking Services

Treasury and Cash Management Services

ACROSS 539 RFPS

MORE THAN

1 in 5

1 in 5

RFPs changed their terms while active.

A week of proposal work, based on the published terms.

A week of proposal work, based on the published terms.

DAY 1 · PUBLISHED

PUBLISHED

DAY 16 · THE TERMS CHANGE

DAY 16 · TERMS CHANGE

DAY 25 · DUE

DUE

25 days is the median window from publication to due date; day 16 is the median first change for the 113 that changed. 539 RFPs published and due: July 23 - Sept. 30, 2026.

Bid on five RFPs, and the odds are better than two in three that at least one changes its terms before the deadline. Larger firms have staff tracking this. Start free and you’ll have it at your fingertips too.

This RFP has closed

Proposals were due October 09, 2026, 2:00 pm PDT. Leads tracks active RFPs from posting to deadline.

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Kiana Stringfield

Founder, AKOMAKONNECT

"The efficiency of the Leads platform allows us to determine if an RFP is worth the effort in minutes rather than hours. The results speak for themselves, we recently won our first bid, which we initially found on Leads!"

Kiana Stringfield

Founder, AKOMAKONNECT

A week of proposal work, based on the published terms.

A week of proposal work, based on the published terms.

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