Award
Utah U3P #20-002
my529 RFP# 20-002 - 529 College Savings Plan Consulting Services - 2020
Recipient
AKF Consulting Group
Awarded
February 28, 2020
Identifier
20-002
The government buyer is my529, operating as the Utah Educational Savings Plan, which is a state agency responsible for managing college savings plans. The awarded vendor is AKF Consulting Group, selected through a competitive Request for Proposals (RFP) process to provide consulting services specifically for 529 College Savings Plan advisory and other professional services. The contract involves advisory services related to the 529 industry, including expertise in financial markets, training, legislative and regulatory matters, marketing and disclosure material review, and strategic opportunities for 529 plans. The evaluation process included scoring on respondent qualifications, provision of services, key personnel, references, and cost, with AKF Consulting Group receiving the highest overall score and deemed best value. No specific products, part numbers, or quantities are mentioned. The contract is unique in its focus on specialized consulting services for the 529 College Savings Plan industry and includes requirements for monitoring legislative and regulatory developments and providing training. The place of performance is implied to be Utah, as my529 is a Utah state agency, but no specific city or county is mentioned.
Description
Contract for consulting services related to 529 college savings plans and other professional services awarded by my529, State of Utah.