Bid Information

The City of Hannibal is accepting open bids from all qualified organizations for the following item(s) or project(s). Click on the desired bid item for additional information.

RFP Investment Management Services for Police and Firemen Retirement Fund
The Board of Trustees for the City of Hannibal, Missouri Policemen and Firemen Retirement Fund (the “Plan”), invites firms to submit responses to this Request for Proposal (RFP) for providing Investment Management services.

This Plan is a defined benefit plan that provides retirement annuity benefits to all active-duty police and fire employees.  The plan is funded with contributions from both the plan participants and the city of Hannibal.  A Board of Trustees oversees the Plan and all administrative functions of the Plan. Plan assets are custodied at Great Plains Trust Company which also handles benefit payment processing.

We are seeking proposals from firms to deliver the following services:

  • Investment Management
    • Manage the assets in accordance with the Investment Policy across one or more asset classes
    • Manage proxy voting in the best interest of the pension plan participants

Currently, the above services are provided by Meritage Portfolio Management, and they are invited to submit a proposal. For full submission requirements, please see the complete RFP.

Questions and requests for additional information should be submitted to Melissa Cogdal by July 3, 2026.  All questions and requests will be addressed via e-mail to all firms who make inquiries.  A proposal may be withdrawn any time prior to the deadline by written notification.  A proposal may also be resubmitted with any modifications, prior to the deadline

The deadline for proposal submission is 5:00pm, July 17, 2026.  Please deliver two hard copies of the proposal and one electronic copy of the proposal.  All responses should be delivered by the stated deadline both electronically and by hard copy to:

Melissa Cogdal
City Clerk
City of Hannibal, Missouri
320 Broadway
Hannibal, MO 63401
573-221-0111 ext. 209
mcogdal@hannibal-mo.gov

The Board of Trustees reserves the right to accept or reject any and all proposals.  Responses should include costs for three years.  The Board of Trustees reserves the right to negotiate for annual extensions after the original three-year period.

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