The outside cover of the package containing the cost proposal shall be marked:

Investment Management Services RFP 25-01 COST PROPOSAL Name of Vendor March 7, 2024 2:00 pm

All proposals must be received no later than the closing date and time listed on the cover page of this RFP. All submitted Proposals shall remain valid for a minimum of six (6) months after the proposal due date.

50.4 Evaluation of Proposals

Right to Reject/Waiver of Minor Irregularities

Kentucky State University reserves the right at its discretion to reject any and all offers. The University also reserves the right at its discretion to waive informalities and minor irregularities in offers received.

Clarification of Proposals

Kentucky State University reserves the right at its discretion to request additional information as may reasonably be required for selection and to reject any proposals for failure to provide additional information on a timely basis.

Evaluation Process

The following approach and criteria will be used to evaluate proposals:

Technical Proposal – 750 points

Responses to criteria detailed in Section 40.2 shall be evaluated as follows:

Part 1 – Firm Information – 50 points maximum

Part 2 – Personnel and Firm Qualifications – 100 points maximum

Part 3 – Relevant Experience – 100 points maximum

Part 4 – Investment Strategy and Recommended Asset Allocation – 300 points maximum

Part 5 - Reporting Capabilities– 100 points maximum

Part 6 – Insurance – 50 Points

Part 8 – Other Services – 50 Points

50.5 Format of Technical Proposal

The Technical Proposal should be arranged and labeled in the manner set forth below: