Specifications include, but are not limited to: The New Haven Board of Education (“NHPS”) Paraprofessionals Money Purchase Pension Plan to solicit proposals from qualified law firms and attorneys (“respondent”), to provide legal services for the Paraprofessional Money Purchase Plan Fund. One or more firms may be selected to provide the services requested herein. NHPS is seeking proposals from qualified Respondents with substantial expertise and experience in advising public investment and/or pension type funds with respect to investment tax, and compliance contracts. The purpose of this Request for Proposals (“RFP”) is to allow the Board to select an attorney(s) or law firm(s) to provide services as legal advisor (“Investment Counsel” or “Counsel”). The selected Counsel firm will report to the Paraprofessionals Money Purchase Pension Plan committee and work closely with the New Haven Board of Education, ancillary administrative support office staff, City of New Haven, Department of Finance Pension Office, and City of New Haven Office of Policy, Management, and Grants. The Fund expects to retain one or more firms to perform services described herein under a contract with a term of up to five years. Legal counsel will be expected to provide counsel regarding the following matters, including but not limited to: 1. Review and/or draft contracts with investment consultants, custodians, investment managers and other investment related service providers. 2. Provide advice and assistance in legal matters pertinent to FOI (Freedom of Information), interpretations, QDROs (Qualified Domestic Relations Orders) review, preparation, and submission of documents in response to the funds’ subpoenas, interaction with the Labor Relations Director in the funds’ collective bargaining unit matters. 3. Draft and negotiate agreements for public market investments. 4. Draft and negotiate side letter agreements. 5. Review amendments to the money purchase plan agreement 6. Provide advice and counsel regarding standard and non-standard terms, and which terms should be accepted or negotiated. 7. Advice and counsel staff on IRS, Federal, State, or other regulations related to the money purchase plan. 8. Tax related matters 9. Policy compliance issues. 10. Attend Board Meetings.
