Stewardship and Sustainable Investment Consulting Services

Overview

Financial, Legal, HR & Staffing

Springfield, Illinois, United StatesPosted 24 days agoDeadline: May 6th, 2026

Fit Score

Settle Intelligence

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SUMMARY

Springfield, Illinois seeks a four-year consulting partner to support the Treasurer’s sustainable investment and stewardship efforts, including policy development and corporate engagement.

KEY REQUIREMENTS

Must have assets under advisement of at least $1 billion
Must have at least three years of experience providing stewardship and sustainable investment consulting services for government entities
Senior professionals in charge must have at least five years of relevant experience in stewardship and sustainable investment consulting
Must be authorized to transact business in Illinois
Must be registered with the Securities and Exchange Commission as an investment advisor
Must agree to submit reports and other supporting materials in a timely manner

BUDGET

Estimate

$500,000 – $2,000,000

CONTRACT DURATION

120 months

TIMELINE

April 13th, 2026: RFP published on the Treasurer’s website.

April 20th, 2026: Notice of intent to participate in the Optional Respondents’ Teleconference due by 9:00 a.m. CT.

April 21st, 2026: Optional Bidder’s Teleconference at 11:30 a.m. CT.

April 23rd, 2026: All Respondent questions due by 12:00 p.m. CT.

April 29th, 2026: Responses to all questions posted on the Treasurer’s website.

May 6th, 2026: Proposals due before 1:00 p.m. CT.

Week of May 25th, 2026: Interviews, if any, with final candidates.

Week of June 1st, 2026: If applicable, best and final offer due.

Week of June 8th, 2026: Notification of award and begin negotiation of Agreement.

QUESTION DEADLINE

April 23rd, 2026

Issuing Agency

Office Of The Illinois State Treasurer

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Springfield, Illinois seeks a vendor to provide stewardship and sustainable investment consulting services. The selected firm will assist the Treasurer and associated investment boards in developing and implementing a Sustainable Investment Policy Statement, which details principles, objectives, as well as roles and responsibilities surrounding sustainable investment and stewardship. The firm will annually review the policy statement to ensure alignment with industry best practices.

Additionally, the vendor is expected to develop frameworks and offer support for engagement efforts, including corporate engagement initiatives, in order to further the Treasurer’s sustainable investment goals. The scope includes support for shareholder proposal filings and assistance in composing and maintaining a proxy voting policy statement, with annual reviews. The firm will also monitor the Treasurer’s investment portfolios for stewardship opportunities and provide guidance on financially material sustainability risks and opportunities. The contract period will be four years.

A pre-bid meeting is scheduled for April 21, 2026, with notices of intent due by April 20, 2026, and all questions to be submitted by April 23, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.