Saugus Retirement Board Request for Proposal

Custodial Services

The Saugus Contributory Retirement Board is considering the procurement of a qualified bank or financial institution to provide institutional custodial/master trust services.  The Fund is valued at approximately $179 million.   

Individual contracts will be awarded and stated in accordance with M.G.L. Ch. 32 and all applicable guidelines administered by Public Employees Retirement Administration Commission (PERAC).  The Board reserves the right to cancel or reject any of all proposals at its discretion. 

To obtain a copy of the RFP please email scrs@saugusretirement.org

No phone calls please.  RFPs may be obtained up to the proposal deadline.

Proposal deadline is Thursday, February 19, 2026 at 12:00 PM EST.

Board hours:
Monday 7:30 a.m. to 6:00 p.m.
Tuesday – Thursday 7:30 a.m. to 4:30 p.m.
Closed Fridays

Date published: January 27, 2026

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