RFPs & Contracting Opportunities

RFPs and Contracting Opportunities

Policies Relating to Contracting with LACERS


Firms/Individuals interested in contracting with LACERS must comply with applicable City and LACERS policies.  These policies include:

Requirements During the Competitive Proposal Process

  • Marketing Cessation Policy – This policy prohibits direct marketing to members of the Board or LACERS staff by potential candidates of contract awards during the competitive bid process.
  • Third-Party Marketing Compliance Policy – This policy requires disclosure of the identity of the third-party marketers and/or individuals by whom a firm is referred to LACERS, in order for a firm’s investment proposal to remain under consideration.  Firms will be required to indicate those third-party marketers and/or referring individuals that stand to receive fees or other considerations in the event that a contract with LACERS is eventually secured.
  • Contractor Disclosure Policy - This new policy would require LACERS Contractors to disclose all potential conflicts of interest issues that may occur after contracts are awarded, and/or during the period of engagement with LACERS.
    Contractor Disclosure Policy Reporting Form (fillable)- this is the official contractor disclosure form to be used by contractors for disclosure requirements purposes (New Disclosure, Bi-annual Disclosure and Annual Disclosure).
  • City Lobby Law – Any individual who directly communicates with a City official for the purpose of influencing “municipal legislation” (as defined in the ordinance) and who is compensated to spend 30 or more hours in any consecutive three-month period engaged in lobbying activities must register as a lobbyist with the City Ethics Commission.

Requirements upon Contracting with LACERS

  • Investment Policies (Investment-related contracts) – All Investment service providers must comply with LACERS General Investment Policies.
  • City Standard Provisions for City Contracts (Non-investment contracts) – The provisions contained within the document are required with every City contract. 

Master Trust/Custodial Services and Securities Lending RFP

Proposal Submittal Deadline: November 28, 2023 - 4:00 p.m. PT

The Los Angeles City Employees’ Retirement System (LACERS) is soliciting proposals to provide comprehensive domestic and international master trust/custodial services (acting in the capacity of a plan fiduciary) including, but not limited to, securities safekeeping, securities lending, settlement, valuation and lending; performance measurement; foreign exchange; collection of income; the processing of benefit payments; administration of a ‘limited term’ retirement plan; and providing a management/accounting and information retrieval system. LACERS requires separate bids for custody with securities lending and custody without securities lending (unless securities lending is not offered). 

This Request for Proposal (RFP) details the services sought and instructs interested proposers on the application and selection process. All firms meeting the minimum qualifications outlined in Section III of this RFP are invited to respond. 

The deadline for submitting proposals is 4:00 p.m. PT on November 28, 2023.

Master Trust-Custodial Services and Securities Lending RFP

Master Trust-Custodial Services and Securities Lending RFP Questionnaire

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