The San Miguel Authority for Regional Transportation (SMART) is seeking qualified firms to provide professional investment management and advisory services to manage its operating portfolio in compliance with SMART's investment policy.

SMART provides regional commuter transit services between Norwood, Telluride, Rico, Montrose, and surrounding areas. The organization is committed to safe, reliable, and efficient multi-modal transportation. SMART seeks an investment advisor emphasizing capital preservation, liquidity, transparent low-cost structures and strong net-of-fee returns. Respondents must provide current SEC form ADV parts 1, 2A and 2B. Quarterly reports shall clearly disclose all advisory fees, transaction costs, custodial expenses and fund-level expenses.

Complete information is available in the document below.