New York City Comptroller Office Plans Foreign Exchange Services Extension
In accordance with Section 3-04(b)(2)(iii) of the New York City Procurement Policy Board Rules, the New York City Comptroller Office (the C omptroller s Office ), acting on behalf of the New York City Retirement Systems, intends to enter into a Negotiated Acquisition Extension with Russell Investments Implementation Se…
Source ID: us-nyc-current-solicitations-20251119018
Scope overview
In accordance with Section 3-04(b)(2)(iii) of the New York City Procurement Policy Board Rules, the New York City Comptroller Office (the C omptroller s Office ), acting on behalf of the New York City Retirement Systems, intends to enter into a Negotiated Acquisition Extension with Russell Investments Implementation Services, LLC for one year, from November 1, 2025 to October 31, 2026 for a Foreign Exchange Services Agreement.
The vendor is a fiduciary and will continue to provide foreign exchange services. Without this contract in place the lack of services would present a risk to the overall portfolio management and operation of the pension systems. Pursuant to PPB Rule § 3-01(d)(3) and (4), the ACCO has determined that it is in the best interest to process a negotiated acquisition extension.
This notice is for informational purposes only. Vendors that are interested in expressing interest in similar procurements in the future may contact Aya Guriel-Leitman via email at aguriel@comptroller.nyc.gov. Agency: Comptroller Status: Intent to Award
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