Specifications include, but are not limited to: Qualified investment institutions to serve as Investment Managers (“IMs”) for the City of Philadelphia (the “City”). The City would like to select a pool of eligible IMs who will be assigned accounts to manage, as needed. The aggregate market value of all investment accounts is approximately $2.9 billion. The CTO is seeking the services of experienced IMs for the management of individual shortterm investment funds. Investable funds include: excess operating/working capital, capital funds, debt service reserve funds, and various other funds, for the City’s General Fund and miscellaneous governmental departments, Philadelphia Water Department, Department of Aviation, and Philadelphia Gas Works.