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<br />EXHIBIT A <br /> <br />SCOPE OF SERVICES <br /> <br />1. a. Provide comprehensive quarterly (4th quarter 2006 and 1" quarter 2007) <br />investment analysis reviews of all Plan investment options, as weIl as, additional options <br />and asset classes to consider. Said review shaIl include, but not be limited to: <br /> <br />. <br /> <br />Market overview addressing the major markets, indices, sectors and the economic <br />statistics affecting them; <br /> <br />. <br /> <br />In-depth portfolio summary, including fund and benchmark returns, style analysis <br />and overall portfolio return; <br /> <br />. <br /> <br />Analyze the Plan asset allocation by fund and underlying sector. The fund lineup <br />will also be analyzed to determine the amount of overlap that may be occurring; <br /> <br />. <br /> <br />A detailed quantitative and qualitative examination of each mutual fund investment <br />option within the Plan, including performance numbers versus the category and <br />index, manager style drift, risk/return, standard deviation, Sharpe ratio, expense <br />ratio, upside and downside capture and fund allocation; <br /> <br />. <br /> <br />Review of City's Investment Policy Statement to ensure it is meeting the needs of the <br />Client and the defined contribution Plan participants, and that the processes <br />outlined within are being adhered to; and <br /> <br />. <br /> <br />Make recommendations of possible alternatives to funds when, in conjunction with <br />the Investment Committee, it is determined a change in fund line-up is necessary. <br /> <br />b. After BSFG prepares the quarterly review, BFSG will meet with the Investment <br />Committee, or others designated by the Client, to present the quarterly reports and findings, <br />make recommendations as to particular investments to be placed in the fund line-up and <br />answer any questions. <br /> <br />c. BFSG will act as co-fiduciary on all Plan investment options by providing fund <br />and investment advice on a regular basis to the Plan regarding the Plan's assets in <br />accordance with the provisions of the Agreement <br /> <br />2. Prepare, disseminate and perform a preliminary review of responses to a <br />Request for Proposal document (RFP) based on Client's needs and customized data and <br />interviews. Development of the RFP shaIl include: <br /> <br />. Perform a Needs Assessment defining, with the Plan Administrator and Investment <br />Committee, the 457 and 3121plan parameters and objectives from which to develop <br />an RFP including, but not limited to fiduciary and administrator responsibilities, <br /> <br />7 <br />