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NH Public Deposit Investment Pool

  • January 21, 2020 - Request for Proposals

The NH PDIP Advisory Committee is seeking bids from qualified vendors to manage the pool established under RSA 383:22. Ban Rule 900 will govern all proposals submitted. Links to both documents are provided below:

Due to time constraints please note the early deadlines and timetable:

February 3 Questions about the RFP due to the Department in writing.
February 10 Responses to questions published.
February 21 Deadline for submissions.
May 1 Final contract signed.
June 22 Anticipated transition date.


May 29, 2020

Request for Proposal Award

In response to the State Banking Commissioner Gerald H. Little’s and the PDIP Advisory Committee’s request for proposals to provide investment advisory and investment management services to the Pool, the Banking Department received one (1) proposal. The proposal was submitted by PFM Asset Management, LLC. The PDIP Advisory Committee reviewed the proposal on April 9, 2020, awarding PFM a score of 99.25% (119 points of 121 possible total points).

February 21, 2020 -Pursuant to RSA 21-G:37, II(b), at 3:25 pm today, one (1) proposal was received in response to the RFP issued on January 21, 2020.

RFP Questions & Answers

Responses to Questions Posed re: RFP 2020-01

The RFP Questions and Answers will be posted here and emailed to all upon request. Please email to be added to the email list.

NH PDIP documents and minutes of the committee meetings are available at the NH Public Deposit Investment Pool website.

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Banking Department
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(603) 271-3561  |  fax: (603) 271-1090 or (603) 271-0750