(1) Vendor needs to provide global custodian bank services to the government authority located in Baton Rouge, LA.
- The global custodian will provide safekeeping and custody of a multi-currency global portfolio, settlement of trades, management of corporate actions, income collection, asset pricing, and the record keeping and reporting of these functions and services.
- Provide full custody services for all markets, including emerging markets.
- Be a fiscal agency bank of Louisiana as defined.
- Provide multi-currency accounting.
- Provide on-line real time access to portfolio records, reports, and portfolio analytics.
- Have and maintain agency capital adequacy requirements.
- Have and maintain fidelity and indemnity insurance coverage sufficient to cover any potential losses. Must show evidence of such policy in force.
(2) All the questions must be submitted no later than May 5, 2023.
(3) The contract period will be for three years.
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