Doing Business with the City

Please see RFP for proposal submission requirements.

The City’s Finance Department is seeking a Service Provider (or Service Providers) to support the City’s needs for Investment Custodian and Trustee Services. 

The City’s investment and debt programs are managed by the Treasury Division of the Finance Department.  The City’s $2.5B Consolidated Investment Pool is part of its daily operations and is invested under North Carolina G.S. 159-30 and 159-31. 

The City also maintains the Long-Term Investment Program (LTIP) in which long-term capital reserves of the City are invested under expanded investment authorization outlined in State law G.S. 147-69.2(b)(1)-(6) and (8) to diversify investment assets of the City and provide a funding source for future Other Post-Employment Benefits (OPEB) obligations of the City.
The City’s $4.4B debt program is authorized under North Carolina G.S. 160A-20, and Article 7 of Chapter 159 of the General Statutes of North Carolina.