Department: Purchasing
Department Head/Elected Official: DeWight Dopslauf
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Renewal
Project ID (if applicable): 210324
Vendor/Entity Legal Name (if applicable): Hilltop Securities Asset Management, LLC
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: 0% - Specialized, Technical, or Unique in Nature
Request Summary (Agenda Caption):
title
Request for approval of a renewal option with Hilltop Securities Asset Management, LLC for investment advisor services for Harris County for the period of May 1, 2024 - April 30, 2025 at a cost of $60,000 (210324), Justification for 0% MWDBE Participation Goal: 0% - Specialized, Technical, or Unique in Nature.
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Background and Discussion:
Hilltop Securities Asset Management was selected to serve the County as Investment Advisor through the RFP process. This is the second (2) of four (4) one-year renewal options.
Expected Impact:
None
Alternative Options:
A new RFP process.
Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
X Governance and Customer Service
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
10/12/2021
202
Request for approval of a project scheduled for advertisement
04/26/2022
161
Request for approval of an award on the basis of best proposal meeting requirements
Location:
Address (if applicable): N/A
Precinct(s): Countywide
Fiscal and Personnel Summary
Service Name
Investment Advisory Services
Current Fiscal Year Cost
Annual Fiscal Cost
Labor
Non-Labor
Total
Recurring Expenses
Funding Sources
Existing Budget
1000 - General Fund
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Total Current Budget
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Additional Budget Request (Requires Fiscal Review Request Form)
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