SRA 25-01 RFP Compensation Consulting and Executive Search.pdf

This document is a Request for Proposals (RFP) issued by the Maryland State Retirement and Pension System Board of Trustees for Board Compensation Consulting and Executive Search Services. The selected consultant will work with the Executive Director to (1) develop and make recommendations to the Board to assist in establishing a salary scale and determining the qualifications and compensation for the Chief Investment Officer and all other positions within the Investment Division; (2) review the existing organizational structure and classification system of the Investment Division and make recommendations for improvements; and (3) conduct comprehensive compensation studies for the Agency. The RFP does not specify any set quantities, response dates, due dates, site visits, or award dates. The contract term is not provided.

The RFP does not mention any pricing terms, set asides, incumbents, funding requirements or sources, or contract amounts. It only states that the consultant will be responsible for providing the services outlined in the Scope of Work to assist the Board in establishing appropriate compensation for the Investment Division.