Enhanced Cash Management Mandate RFP
Posted
Nov 2, 2026
Dec 2, 2026
Seeks investment manager(s) to manage a portion of TRS’s cash portfolio using an enhanced cash management strategy.
Track open bid opportunities, contracts, public meetings, and key contacts for Illinois Teachers' Retirement System.
Active opportunities open for bidding
Posted
Nov 2, 2026
Dec 2, 2026
Seeks investment manager(s) to manage a portion of TRS’s cash portfolio using an enhanced cash management strategy.
Key metrics and characteristics
City
The city where this buyer is located.
Springfield
Address
Physical address of this buyer.
2815 West Washington Street
Phone Number
Contact phone number for this buyer.
(877) 927-5877
Propensity to Spend
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AI Adoption Score
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Startup Friendliness
How often this buyer champions startups and early adoption.
Latest Budget Year
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Operating Budget
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These purchasing programs appear in Illinois Teachers' Retirement System's records. Starbridge can help check which contracts cover your product.

Board meetings and strategic plans from Illinois Teachers' Retirement System
The committee meeting included a review of the Supplemental Savings Plan (SSP) and plan investments as of the end of the previous year, along with a discussion on recent communication strategies. Additionally, the committee reviewed and recommended to the Board for approval the Amended and Restated Teachers' Retirement System of the State of Illinois 457(b) Deferred Compensation Supplemental Savings Plan document, which included updated definitions regarding severance from employment and compensation.
The board addressed various administrative and operational matters. Discussions included committee and working group assignments and the election of a vice president. The board reviewed reports from the Audit, Investment, and Rules and Personnel committees, resulting in the approval of tactical plans for real estate, real assets, and private equity, as well as the certification of trustee training hours. Other key topics included an overview of the fiscal year 2027 annual business plan, an update on the Polaris modernization project, and the determination of future meeting locations. Additionally, the board held an executive session to discuss personnel, litigation, and audit-related matters, and authorized the release of certain executive session minutes and the destruction of associated audio recordings.
Public-sector contacts connected to Illinois Teachers' Retirement System.
The Audit Committee reviewed several internal audit reports, including those covering Employer Services, the Personal Trading Compliance System, and the KPMG Real Estate Separate Accounts audit. The committee also confirmed the independence of the internal audit activity, performed an annual review of the Internal Audit Charter, and received an update on the Quality Assurance and Improvement Program. An executive session was held to discuss matters related to internal and external auditors, though no action was taken.
Extracted from official board minutes, strategic plans, and video transcripts.
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Decision timeline from discussion to RFP
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