Specifications include, but are not limited to: Proposals from qualified financial institutions must provide cash and fixed income investments that comply with the Village’s Investment Policy focused on short – term and intermediate – term investment strategies. The Village’s investment objectives, in order of importance, are 1) Safety of Capital; 2) Liquidity; 3) Maintenance of the Public Trust; and 4) Prudence. The Village's Investment Policy is attached as an exhibit to this RFP. Specific tasks to be performed by the selected financial institution(s) are as follows: • Provide management of the Village's investment portfolio pursuant to the specific stated investment objectives, and the Village's Investment Policy. • Review and recommend updates to the Investment Policy and written investment procedures as requested. • Provide credit analysis of investment instruments in the portfolio.
