The City of Tempe, located in Maricopa County, Arizona, is seeking legal and compliance services for its Fire Medical Rescue Department through a competitive Request for Proposal (RFP 26-029). The procurement aims to secure a comprehensive legal services provider for municipal ambulance operations via a 12-month retainer agreement, with potential renewals for up to four additional years. Specific deliverables include ongoing advisory services, ambulance claims audit services, revenue cycle...
The Town of Telluride, located in Colorado, has issued a Request for Qualifications (RFQ) for retirement plan administration services for its employee retirement plans, specifically targeting firms with expertise in managing 401(a) defined contribution and 457(b) voluntary contribution plans. The procurement seeks a highly qualified vendor to provide comprehensive services including plan administration, fiduciary oversight, recordkeeping, compliance, customer service, and employee education...
The Dallas Fort Worth International Airport Board is seeking a pension fund consulting firm to provide comprehensive fiduciary and investment advisory services for its defined benefit and defined contribution retirement plans. The solicitation (PA1858) covers a five-year contract term with no renewal options, supporting approximately 3,000 active and retired members across two defined benefit plans and 900 participants in defined contribution plans. The selected consultant will be required to...
The City of Tempe, Arizona is soliciting proposals for a comprehensive financial recordkeeping and retirement plan administration contract covering their 401(k), 457(b), and Post Employment Health Plans (PEHP). The procurement seeks a qualified firm to provide retirement plan administration, recordkeeping, education, communications, investment-related, and associated services for plans managing approximately $340.4 million in assets and serving over 4,000 participants. Proposing firms must have a minimum of 10 years of experience with governmental Section 457 plans and 5 years with governmental 401 plans, each managing at least three plans with $100 million in assets. The RFP includes specific evaluation criteria weighted as follows: general background and experience (20%), qualifications of key personnel (25%), cost (25%), current plan administration approach (15%), independence (10%), and responsiveness (5%). Key dates include a question submission deadline of August 4, 2025, with proposals due August 21, 2025, at 3:00 PM local Arizona time. Finalist interviews and presentations are scheduled for September/October 2025, with an anticipated contract term of two initial years and options for up to four additional one-year renewals.
The procurement does not specify specific set-aside designations or restrictions for disadvantaged enterprises. Current service providers include Nationwide (recordkeeping and administration), Innovest (fiduciary services), and Galloway (education and advisory services), who will maintain a supplemental educational services relationship with the new recordkeeper. The City requires no front-end or back-end charges and mandates full disclosure of all fees and revenue sharing arrangements. The selected vendor must provide at least 12 in-person education days annually and submit pricing for two scenarios: a complete open architecture approach with no proprietary investment options, and an open architecture approach that allows stable value/fixed account options. Existing infrastructure includes significant investment holdings across multiple plans, with a total combined portfolio value exceeding $250 million, featuring diverse investment options from providers like American Funds, Fidelity, Vanguard, and Prudential Stable Value funds. The current stable value funds show a market-to-book ratio of 84.95% as of April 24, 2025, and the plans demonstrate an 81% participant adoption of electronic delivery for notices and statements.