Durham Public Schools Apptegy #179-2526-281-403b_PLAN_SVS

Durham Public Schools Seeks Exclusive 403(b) Plan Services Provider

Durham Public Schools (DPS) is seeking an exclusive provider for 403(b) retirement plan services for its employees. - Government Buyer: - Durham Public Schools (DPS) - Purchasing Department - Services Requested: - Comprehensive 403(b) recordkeeping, investment management, and participant education services - Includes receiving all 403(b) contributions, recordkeeping, customer service, compliance, custody, and employee education (in-person and virtual) - Consolidation of contributions from multiple legacy providers to a single provider - Group contract management and transfer of assets from legacy providers - Offering competitive investment options with input from DPS or its investment consultant - Quantities/Part Numbers: - No specific part numbers or quantities; services are for all eligible DPS employees (over 2,100 full-time staff) - Unique/Notable Requirements: - Exclusive provider arrangement (all contributions consolidated to one vendor) - Must provide both in-person and virtual education sessions - Compliance with all federal and North Carolina statutes and guidelines - Vendor must begin work within 30 business days of contract award - Contract term is five years with two optional one-year renewals and possible short-term extensions - No specific OEMs or vendors are named in the solicitation.

Description

Durham Public Schools is soliciting proposals for 403(b) recordkeeping, investment, and participant education services. The procurement will follow federal guidelines and is an open market contract using various funds, including federal funds. Proposals must be submitted in hard copy and via flash drive by 1:00 pm on July 28, 2026, with questions due by 2:00 pm on June 26, 2026. Bids will be publicly opened on July 28, 2026, at 2:00 pm EST.

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