Opportunity

Michigan VSS #RFP-171-210000002048-1

Investment and Administrative Services for Michigan 401(k) and 457 Retirement Plans

Posted

June 07, 2021

Respond By

July 16, 2021

Identifier

RFP-171-210000002048-1

NAICS

523940, 523930

This opportunity involves the State of Michigan's procurement and award of a contract for fully-bundled investment and administrative services for its 401(k) and 457 retirement plans. - Government Buyer: - State of Michigan FS Office (DTMB Office of Retirement Services) - Products/Services Requested: - Comprehensive investment and administrative management for 401(k) and 457 retirement plans - Includes contractor-hosted software, support services, service level agreements, data security, and disaster recovery planning - Notable Requirements: - Safeguarding confidential tax data - Compliance with IRS Publication 1075 - Bidders required to contact the solicitation manager for certain attachments due to file size limitations - OEMs and Vendors: - No specific OEMs or vendors are named in the provided information - Scope covers proposal instructions, statement of work, pricing, contract terms, and technical requirements

Description

This solicitation seeks fully-bundled investment and administrative services for 401(k) and 457 retirement plans managed by the DTMB Office of Retirement Services. The scope includes providing comprehensive services as outlined in the RFP document, which contains proposal instructions, statement of work, pricing, contract terms, and data security requirements. Bidders must contact the solicitation manager to obtain certain attachments due to file size limitations. The procurement is managed by the FS office of the State of Michigan.

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