Request for Proposal; Small Business Subordinated Loan Fund for the Pennsylvania State Employes' Retirement System

[26 Pa.B. 3234]

   The State Employes' Retirement Board is soliciting proposals for an advisor to manage and administer a small business subordinated loan fund on behalf of the Pennsylvania State Employes' Retirement System.

   All proposals must be submitted in five copies to Diane Sterthous, Director of Fixed Income Investments, SERS, 30 N. Third Street, P. O. Box 1147, Harrisburg, PA 17108-1147. Proposals must be received at this address no later than 1 p.m., on August 6, 1996. The price portion of the proposal must be bound and sealed separately. Late proposals will not be considered, regardless of the reason.

   A preproposal conference will be held on July 22, 1996. Prospective bidders are invited to submit questions for the preproposal conference before developing proposals. It will be held at SERS' offices, on the fifth floor of 30 N. Third Street, Harrisburg at 1 p.m. Because of limited facilities, only one representative per vendor will be permitted to attend this conference. The purpose of the conference is to clarify any points in the request for proposal which may not have been understood. Attendance is for clarification purposes only and is not mandatory. Please submit any pertinent questions in written form, 2 days prior to the preproposal conference. All prospective bidders will be provided with answers to the questions submitted, in writing, within 1 week after the preproposal conference date.

   Interested parties may write to Diane Sterthous, Director of Fixed Income Investments, at the above referenced address or telephone (717) 783-9705 to obtain a copy of this Request for Proposal. Late proposals will not be considered regardless of any reason.

Executive Director

[Pa.B. Doc. No. 96-1125. Filed for public inspection July 5, 1996, 9:00 a.m.]

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