ORS - Benchmarking and Analysis Services
Active State & local contract Michigan Awarded
- Contract number
- MA240000001280
- Awardee
- CEM BENCHMARKING INC.
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $535,000
- End date
- Points of contact
-
- Patrick Turcotte turcottep@michigan.gov (517) 730-8798
- Bethany Preston prestonb2@michigan.gov (855) 647-4724
- John Schiller schillerj@michigan.gov (517) 284-4568
Contract details come from michigan.gov. Updated .
About this contract
The Department of Technology, Management and Budget offers benchmarking and analysis services through this indefinite delivery vehicle, with services focused on the Office of Retirement Services (ORS). The contract provides comprehensive benchmarking analysis and reporting for both Defined Benefit (DB) and Defined Contribution/Deferred Compensation (DC) pension plans. Services include annual comparative reports that assess Michigan's retirement systems against peer groups of at least 50 global pension systems for DB plans and 120 leading corporate and public plans for DC plans, with preliminary reports delivered in June and two weeks prior to presentations, and final reports due by July 31st for DB plans and August 31st for DC plans annually.
CEM Benchmarking Inc., a corporation based in Toronto, Ontario, Canada, serves as the prime contractor for this indefinite delivery vehicle with the Michigan Department of Technology, Management and Budget. The initial contract period runs from January 1, 2025 through December 31, 2029, with two optional one-year renewal periods available at the state's discretion. The contract covers the state of Michigan and is valued at $535,000.00 for the five-year initial term, with annual pricing ranging from $101,000 in year one to $113,000 in year five. Pricing remains firm throughout the contract period, with payment issued via Electronic Funds Transfer within 45 days of invoice receipt.
Files
| File | Type | Posted |
|---|---|---|
| 240000001280.pdf |
Quick answers
Who holds contract MA240000001280?
Contract MA240000001280 was awarded to CEM BENCHMARKING INC. by Department Technology, Management and Budget in Michigan on January 1, 2025.
How much is contract MA240000001280 worth?
Its cumulative value is $535,000.
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