BISMARCK – The North Dakota Retirement and Investment Office (RIO) announced it has selected Tactis LLC, a Washington, D.C.-based customer experience and digital engineering firm, to design, build and manage a new Legacy Fund website that will provide North Dakotans with greater transparency and easier access to information about the state’s sovereign wealth fund. Devii, a North Dakota-based technology company, will serve as a subcontractor, providing secure data management solutions.

“The Legacy Fund website will bring together investment information, performance data, and educational resources into a single public-facing platform,” said RIO Executive Director Jodi A. Smith. “Rather than requiring North Dakotans to navigate multiple websites, reports and board materials, the site will provide a more accessible and transparent view of the fund, its investments and how earnings are used.”

RIO selected Tactis following a competitive procurement process that evaluated vendors on technical capability, security, accessibility, experience with public sector digital platforms and overall value.

Currently, the Legacy Fund’s investment information is only available through static reports and board materials. The website will make the information more accessible by providing interactive tools, searchable data, and enhanced reporting features. It is expected to launch in November.

The website is being developed in response to a state statute created through legislation sponsored by Jamestown-area legislators, Reps. Bernie Satrom and Mitch Ostlie and Sen. Cole Conley. The statute requires the State Investment Board to maintain a publicly accessible website listing all of the Legacy Fund’s investments.

Established through a constitutional amendment approved by voters in 2010, the Legacy Fund is currently valued at $14.5 billion. RIO invests the fund’s assets under the direction of the State Investment Boardand the Legacy and Budget Stabilization Fund Advisory Board, and in accordance with state law. Decisions regarding the use of Legacy Fund earnings are made through the legislative process.