Specifications include, but are not limited to: The objective of this solicitation is to identify firms qualified to provide an effective Investment Consulting 1.1. Development of Investment Policy, Objectives and Guidelines Assist in the development and periodic review of a policy statement that properly reflects the District’s tolerance for risk and that best helps meet its rate-of-return expectations, funded status and administrative expense objectives. 1.2. Development of Investment Manager Performance Standards/Guidelines Assist in the development and review of performance benchmarks and guidelines with which the District can measure each investment manager’s progress and performance. 1.3. Liquidity Study Assist with a liquidity study of the total operating portfolio to recommend an appropriate investment allocation mix among short term, long term, etc., pools for the new investment program.