Falmouth Retirement Board Request for Proposal

The board members of the Falmouth Contributory Retirement Board (“Board”) in performing due diligence are currently seeking Requests for Proposal (“R.F.P.”) for the procurement of services for a pension investment consultant to assist the Board with its investment and management of the assets of the Falmouth Contributory Retirement System ("System").

PUBLIC NOTICE

The board members of the Falmouth Contributory Retirement Board (“Board”) in performing due diligence are currently seeking Requests for Proposal (“R.F.P.”) for the procurement of services for a pension investment consultant to assist the Board with its investment and management of the assets of the Falmouth Contributory Retirement System ("System").  The Board is responsible for administering the assets of the System which, as of June 30, 2025, is valued at approximately $214.7 million.  To be considered, candidates must meet the following criteria:

• The selected candidate must have familiarity with, and agree to comply with, Massachusetts General Laws Chapter 32 and Chapter 176 of the Acts of 2011. Additionally, candidates must have familiarity with and agree to comply with the reporting and investment guidelines administered by the Public Employee Retirement Administration Commission (“PERAC”).  Guidelines can be found at the links below:

• https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIV/Chapter32
• https://malegislature.gov/Laws/SessionLaws/Acts/2011/Chapter176
• https://www.mass.gov/orgs/public-employee-retirement-administration-commission

• Candidates must have experience working with MA public pension plans.

Please refer to the R.F.P. for additional details.  At its discretion, the Board reserves the right to reject in whole or in part any and all proposals.

To obtain a copy of this R.F.P., please email Francis St. Germaine at the following address:

[e-mail] 

The proposal should be received at the office of the Falmouth Retirement System no later than 2:00 p.m. EDT on Wednesday, October 1, 2025.  If received after this date and/or time, proposals will not be considered.

Date published:	September 2, 2025