San Bernardino County Employees Retirement Association
File #: 24-283    Name:
Type: Action Item
File created: 7/2/2024 In control: BOARD OF RETIREMENT
On agenda: 3/6/2025 Final action:
Title: Recommend that the Board approve and adopt updates to Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services).
Attachments: 1. Exhibit A: Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services) - Redline

 

FROM:                                            Amy McInerny, Chief Financial Officer

 

SUBJECT:                                           Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services)

 

RECOMMENDATION:

title

Recommend that the Board approve and adopt updates to Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services). 

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BACKGROUND:

General Policy No. 005 involves the periodic review of Board Policies and indicates that the Administrative Committee shall review administrative policies every three years.

 

Pursuant to General Policy No. 005, staff has conducted a review of Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services) and has found it consistent with current practice.  Staff is therefore recommending renewal of Administrative Policy No. 011 (Policy for Procurement Other than Investment Management Services) without substantive change.

 

BUDGET IMPACT:

None.

 

STRATEGIC PLANNING GOAL/OBJECTIVE:

Operational Excellence & Efficiency

 

STAFF CONTACT:

Amy McInerny

 

ATTACHMENTS:

Exhibit A:                     Administration Policy No. 011 (Policy for Procurement Other than Investment Management Services) - Redline