Opportunity
Wisconsin Vendornet Platform #AD261170
Wisconsin Service Award Program Administration and Investment Services Solicitation
Posted
May 13, 2026
Respond By
May 26, 2026
Identifier
AD261170
NAICS
525110, 525920, 923130
The State of Wisconsin Department of Administration, Division of Intergovernmental Relations, is seeking qualified firms to provide administration and investment services for the Service Award Program (SAP), which supports volunteer fire fighters, emergency medical technicians, and first responders. - Government Buyer: - State of Wisconsin Department of Administration - Division of Intergovernmental Relations - Consolidated Agency Purchasing Services (CAPS) - Scope of Services: - Comprehensive administration, investment management, and financial advisory services for the SAP - Services include fiduciary responsibilities, record-keeping, reporting, marketing, enrollment, account transfers, and compliance with federal and state regulations - Program currently serves 6,550 participants across 275 municipalities - Notable Requirements: - Bidders must have experience administering defined contribution programs under IRC Section 457(b) - Proof of financial stability and U.S.-based service performance required - Web content accessibility, data and personnel security, and compliance with debarment and insurance standards - Strict confidentiality and background check requirements - Potential for transition support and use of subcontractors - No specific OEMs or product part numbers are referenced; this is a services procurement - Up to six vendors may be selected - Contract term is two years with up to three two-year renewal options
Description
The State of Wisconsin Department of Administration, through its Consolidated Agency Purchasing Services (CAPS), is requesting bids for administration and investment services for the State of Wisconsin Service Award Program (SAP). The solicitation aims to select up to six responsive and responsible bidders to provide these services. The scope includes financial advisory, management, and related services as indicated by multiple NIGP codes. The response due date was May 26, 2026, and the solicitation is currently closed and under review.