Opportunity
Chandler Unified School District Opengov #04-27-31
CUSD Seeks Provider for Post-Retirement Deferred Compensation Plan Administration
Posted
April 08, 2026
Respond By
May 13, 2026
Identifier
04-27-31
NAICS
523930
Chandler Unified School District (CUSD) is seeking a provider/consultant for a Post-Retirement Deferred Compensation Plan to support employee retirement planning. - Government Buyer: - Chandler Unified School District, Business Services Department - Scope of Services: - Comprehensive administration of post-retirement deferred compensation plans for employees - Plan options include federal retirement or deferred compensation plans under IRS codes 401(h), 401(a), 457, and 403(b) - Services include participant account management, processing distributions, compliance with federal tax laws, investment management, reporting, and participant support - Provider must ensure compliance with IRS constructive receipt rules and indemnification provisions - Evaluation Criteria: - Investment quality, cost, provider experience, and firm qualifications - Notable Requirements: - Contract allows for cooperative purchasing by GPPCS and SAVE consortium members - No specific OEMs or vendors are named; open to qualified providers - Period of Performance: - Initial term from July 1, 2026, to June 30, 2027, with up to four one-year extensions possible (maximum through June 30, 2031) - Place of Performance: - Chandler Unified School District, 1525 West Frye Road, Chandler, AZ 85224
Description
Chandler Unified School District is seeking proposals for a Post-Retirement Deferred Compensation Plan Provider/Consultant. The provider should offer a mechanism allowing employees to choose participation in federal retirement or deferred compensation plans under specific IRS codes upon retirement without violating IRS constructive receipt rules. The district, the second largest in Arizona with approximately 5,130 employees, aims to support its workforce with this plan as part of its commitment to academic excellence and community engagement. Proposals must be submitted electronically by May 13, 2026.