Section Ban 905.01 - Criteria(a) The criteria utilized by the commissioner and the committee to evaluate the proposals shall be set forth in the RFP and at a minimum include that the proposer:(1) Is an equal opportunity employer; (2) Possesses an understanding of, and the ability to execute, the pool's investment objectives and constraints;(3) Demonstrates a commitment to assign a qualified team of individuals to the pool;(4) Shows: a.Recommendations for management approaches for the pool;b.Additional investment or financial services available, or offered and available through affiliation; c.Adequacy of financial controls and protection against loss; andd.The potential success of a marketing plan;(5) Submits a clear and complete response to the RFP;(6) Proposes fees and compensation; and (7) Complies with applicable federal and state laws and regulations including those relating to safeguards that secure data and insurance. (b) Other criteria may be utilized by the commissioner and the committee to evaluate proposals, depending on the particular RFP.(c) Such criteria in (b) above may include, but not be limited to, a proposer who: (1) Possesses: a.Resources with qualifications such as, but not limited to, personnel to execute the pool's objectives;b.Experience in managing local government operating and capital funds and providing the administrative support for such management; c.Experience in managing the mechanics of processing paperwork and electronic data; d.Administration and technology required for processing paperwork and electronic data related to pool operations; ande.The ability to generate accurate and complete reports related to the pool; and (2) Demonstrated experience in management of assets of comparable size to the pool.N.H. Admin. Code § Ban 905.01
#5368, eff 4-02-92, EXPIRED: 4-2-98
New. #9702, eff 4-29-10
Amended by Volume XL Number 7, Filed February 13, 2020, Proposed by #12970, Effective 1/9/2020, Expires 7/7/2020