Requests for Proposals or Quotes

  • RFP No 20-101 ~ Third Party Administration Services for 403(b) and 457 Retirement Plans

     

    DEADLINE FOR SUBMISSION OF PROPOSALS:

    5:00 P.M. Local Time on August 30, 2019 - CLOSED

     

     

    QUESTIONS/ RESPONSES- AUGUST 19, 2019

     

    Question:  Please provide a definition of what is meant by "grandfathered accounts".  Will this apply to just 403(b) accounts, 457 accounts or both?

      

    Response:  The definition of "grandfathered accounts" for purposes of this RFP means accounts that are for products that have since been discontinued. This applies to both 403(b) and 467(b) accounts.

    We have not yet obtained a census from our current Third Party Administrator to determine whether there are any accounts that would be deemed "grandfathered" within the CONSORTIUM.

     

    UPDATE ~ SEPTEMBER 23, 2019

    • CONSORTIUM RFP Review Committee has scheduled 403(b) TPA Candidate Interviews on September 25, 2019 
    • Questions to be addressed during interivews submitted to 403(b) TPA Candidates 
    • Projection System available for presentations
    • Seven (7) person Review Committee

     

     

    REVISED TIMETABLE AS OF SEPTEMBER 5, 2019

    • September 25, 2019~ CONSORTIUM RFP Review Committee Scheduled TPA Candidate Interviews
    • October 9, 2019 ~ Second TPA Candidate Interviews (if needed)
    • November 1, 2019 ~ Notification of Firm Selected
    • January 1, 2020 ~ Selected Firm to commence providing services