Summary
The Metropolitan Water District of Salt Lake & Sandy is soliciting proposals for comprehensive Investment Advisor Services to manage approximately $35 million in reserves with anticipated future growth. The scope includes developing and reviewing investment strategies, establishing performance benchmarks, advising on implementation, and providing compliance reporting under Utah's Money Management Act; firms must be registered investment advisers and meet specified insurance and qualification requirements. Proposals are evaluated on weighted criteria (background/financial strength, approach, qualifications, team, fees); electronic proposals are due in mid-May 2026 and the resulting contract is anticipated to run through June 30, 2031.