Department

Procurement

Awardee

Date Awarded

PRIM

Website Design

Marquis Designs

April 5th, 2011

Marquis Design is a woman owned, State Certified Minority Business Enterprise that has consistently demonstrated that by using a unique blend of technical expertise, information architecture, graphic design and strategic branding they are able to successfully design and implement a thoughtful and easy to navigate website.

PRIM

General Legal Services

Deutsch Williams
Brooks Dereniss & Holland, P.C.
Donoghue Barrett & Signal, P.C.
Foley & Lardner LLP
Goodwin Proctor LLP
Goulston & Storrs
Mintz Levis Cohn Ferris Glovsky and Popeo, PC
Morrison Mahoney LLP
Murphy, Hesse, Toomey & Lehane, LLP
Sherin and Lodgen

April 5th, 2011

Based upon the RFQ responses and interviews, the Search Committee unanimously agreed that all ten firms met the criteria to be approved to the PRIM Board's "Qualified List of Providers" of law firms for the full range of general legal services that the PRIM Board and staff may require from time to time.

PRIM

Direct Hedge Fund Consultant

CliffWater

April 5th, 2011

The Search Committee recommended Cliffwater due to their expertise in direct hedge fund portfolio construction, hedge fund manager research infrastructure, experience with public plans, experience with hedge fund programs (both direct and hedge fund of funds), performance and risk reporting systems, organizational stability and the ownership structure of the firm.

PRIM

Asset Allocation Consultant

New England Pension Consultants

April 5th, 2011

The Search Committee recommended New England Pension Consultants (NEPC) due to their approach to asset allocation, capabilities related to conducting timely asset/liability studies, and ability to provide a steady flow of research. The stability and general experience of the firm, the asset allocation consulting experience of the firm, the client relations and references, and proposed fees were all viewed as advantageous to PRIM.

MWPAT

Audit Services

KPMG

August 10th, 2011

KPMG has been selected to conduct a financial audit and related services for the fiscal years ending June 30, 2011, 2012, and 2013 in connection with the Massachusetts Water Pollution Abatement Trust. The procurement management team determined that the submission by KPMG constituted the best value for the Treasury based on various criteria, including but not limited to the firm's ability to perform the services requested, experience with government banking entities, professional staff assigned to the project, overall quality of the response, and competitiveness of the Fee Proposal.

PRIM

Risk Management System

MSCI Barra

June 7th, 2011

The Search Committee recommended MSCI Barra due to their industry leading equity model, industry leading hedge fund and real estate models, client service team, and favorable fees.

PRIM

Real Estate Consultant

The Townsend Group
Harvest Capital
Real Estate Fiduciary Services

August 5th, 2011

Townsend demonstrated a superior depth of expertise and resources, especially with the quality of their real estate professionals and research tools and capabilities. This was most evident in their expertise with core separate accounts and timberland, which comprises most of PRIM's assets. The selection of Harvest Capital and REFS to provide project real estate consulting services, on an as needed basis, will benefit PRIM in the event a situation arises that is outside the expertise of the general real estate consultant. Both firms have strengths and experience in various aspects of real estate, including portfolio repositioning and restructuring, experience as a general partner and operator, and expertise with accounting and financial reporting.

Unclaimed Property

Publication Print Services 

Boston Globe Media

September 2nd, 2011

Boston Globe Media has been selected to provide Print Services for Unclaimed Property's semi-annual Publications. The procurement management team determined that the submission by Boston Globe Media constituted the best value for the Treasury based on various criteria, including but not limited to the firm profile, relevant work experience, organizational resources, past work products, functions of proposed personnel, and competitiveness of the Fee Proposal.

Unclaimed Property

Publication Design Services 

Pinkergreen Design

September 2nd, 2011

Pinkergreen Design has been selected to provide Design Services for Unclaimed Property's semi-annual Publications. The procurement management team determined that the submission by Pinkergreen constituted the best value for the Treasury based on various criteria, including but not limited to the firm profile, relevant work experience, key personnel, qualifications, employee resumes, and competitiveness of the Fee Proposal.

MWPAT

Financial Advisory Services

Public Financial Management, Inc.

October 1st, 2011

Award statement pending.

Administration and Finance
Cash Management
Deferred Compensation
Human Resources
State Board of Retirement
Unclaimed Property

General Legal Services 

Deutsch Willliams
Eckert Seamans
Goulston & Storrs
Greenberg Traurig, LLP
Jay Theise & Associates LLC
Kopelman & Paige, PC
Krokidas & Bluestein LLP
Morrison Mahoney LLP
Murphy, Hesse, Toomey & Lehane
Prince Lobel
Rudolph Freidmann LLP
Sherin and Lodgen LLP
Wagner Law Group

October 1st, 2011

All law firms have been qualified under this contract to assist the Treasury with various legal issues pertaining to departments of the State Treasury. The procurement management team determined that the submissions constituted the best value for the Treasury based on various criteria, including but not limited to professional experience and the firms knowledge of matters impacting each department's specific qualifications. This prequalified vendor list will allow the Treasury to move timely in securing a mutually agreeable contract as needs arise.

Unclaimed Property

Transition Management Services

State Street

November 1st, 2011

State Street has been selected to provide Transition Management Services for Unclaimed Property's 2007 book of assets. The procurement management team determined that the submission by State Street constituted the best value for the Treasury based on various criteria, including but not limited to financial strength of the firm, disaster recovery practices, availability of core services, experience with government banking entities and competitiveness of the Fee Proposal.

Cash Management

Small Business Banking Partnership

Bank of Cape Cod
Bank Five
Bank Gloucester
Bay State Savings Bank
Belmont Savings Bank
Bristol County Savings Bank
Cape Cod Five Bank
Century Bank and Trust Company
Chicopee Savings Bank
Citizens-Union Savings Bank
East West Bank
Eastern Bank
Everett Co-operative Bank
Fidelity Bank
Haverhill Bank
Hoosac Bank
Leader Bank, N.A.
Mechanics Cooperative Bank
Mercantile Bank and Trust Company
Newburyport Five Cents Savings Bank
North Middlesex Savings Bank
Nuvo Bank & Trust
Pentucket Bank
Reading Co-operative Bank
Savings Bank, The
South Coastal Bank
South Shore Savings Bank
Walpole Co-operative Bank
Westfield Bank

On-going

All banks have been qualified under this contract to assist the Treasury in promoting small business growth by providing greater access to bank loans. The procurement management team determined that the submissions constituted the best value for the Treasury based on various criteria, including but not limited to stability and general experience of the bank, depth and experience of personnel, bank philosophy and process, proposed interest rates, and demonstrated ability of the banks to secure deposits. 

Cash Management

Banking Services

Sovereign Bank
Bank of America
 

December, 2011

Sovereign Bank was awarded components 1,3 and 4 of the banking procurement (Core Banking, Trial Courts and Advance Accounts). This award was based on the overall response to the RFR, total combined score and the total cost of the contract for the three-year period. Sovereign Bank’s technical proposal indicated a complete banking operation and offered exemplary services.
Bank of America was awarded component 2, LockBox Services. This award was based on the overall response to the RFR, total combined score and the total cost of the contract for the three-year period. Bank of America’s technical proposal indicated a complete banking operation and offered exemplary services.