Notice of Intent to Enter into Negotiations Office of the New York City Comptroller General Investment Consultant Services Negotiated Acquisition Extension PIN: 01515816401 ZC-NAE

Comptroller Ad for Information Purposes Only

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 “Comptroller’s Office”), acting on behalf of the New York City Retirement Systems, intends to enter into a Negotiated Acquisition Extension with Callan, LLC for five years, from January 1, 2024 to December 31, 2028 for General Investment Consultant Services. The vendor is a fiduciary and will continue to provide general investment consulting services. The vendor is one of the three Consultants that provide General Investment Consultant Services, including investment policy and asset allocation development, implementation and evaluation, public market manager search and evaluation, performance monitoring, benchmarking, risk measurement and oversight, research and education. 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 Samantha Bobb via email at sbobb@comptroller.nyc.gov.