Investment Consultant Contract - Option to Extend

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2021-03-09 · Toronto Investment Board · adopted

As filed

1. The Toronto Investment Board directed that Confidential Attachment 1 to the report (February 22, 2021) from the Director, Capital Markets remain confidential in its entirety, as it contains information that involves the security of property belonging to the City or one of its agencies or corporations. 2. The Toronto Investment Board extended the contract for the investment consultant (Aon) for an additional two years

Show the rest of As filed, 124 more characters as filed

and authorized the Chair or Vice-Chair of the Investment Board to execute such agreements on behalf of the Investment Board.

On the agenda

As the city filed it

This report provides a review and recommendation with regard to the investment consultant (Aon) for the Toronto Investment Board. The original contract with Aon was for three years with an option to extend for another two years. The initial three year period ended on January 14, 2021. City staff are recommending to extend this contract for another two years based on the Evaluation Scorecard found in Confidential Attachment 1 of this report.

Staff recommended

The Director, Capital Markets recommends that: 1. The Toronto Investment Board direct that the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it contains information that involves the security of property belonging to the City or one of its agencies or corporations. 2. The Toronto Investment Board extend the contract for the investment consultant (Aon) for an additional

Show the rest of Staff recommended, 133 more characters as filed

two years and authorize the Chair or Vice-Chair of the Investment Board to execute such agreements on behalf of the Investment Board.

On the record

The item as the City filed it