The New Bedford Retirement Board (“Board”) is evaluating value-added real estate managers ("Proposed Product") for a potential mandate of up to $12 million. Individual contracts will be awarded and stated in accordance with M.G.L. Ch. 32 and all applicable investment guidelines administered by the Public Employee Retirement Administration Commission (“PERAC”). The Board reserves the right to reject any and all proposals at its discretion or to select more than one manager and to determine the amount of assets each will manage.
Proposal must be received prior to 1:00 p.m. EST on March 17, 2026. Proposals will not be accepted after the closing date and time. Please direct questions pertaining to the Request for Proposal via email only to bostonrfp@segalmarco.com.
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