Retirement Plan Administrator

The Town of Hamden, Connecticut is seeking proposals for a Retirement Plan Administrator through RFP 2503, which is being solicited for services within New Haven County. The procurement seeks a qualified vendor to provide comprehensive retirement plan administration services for the town's employee retirement program. The solicitation is open to all vendors and requires the submission of proposals between July 19, 2024, and August 20, 2024, with a specific deadline of August 20, 2024, at 11:00:00 AM EDT. Interested vendors must submit their proposals to the Hamden Purchasing Department, located at 2750 Dixwell Ave, Hamden CT, 06518, with contact available at 203-287-7110 or purchasing@hamden.com. The RFP includes two addenda and specifies Free On Board Destination delivery terms with vendor-specified payment terms. While specific evaluation criteria are not explicitly detailed in the documents, vendors will likely be assessed on their ability to effectively manage and administer the town's retirement plan.

The RFP does not specify any set-aside designations or restrictions on responding organizations, indicating that the solicitation is open to all qualified vendors without preference for disadvantaged enterprises or specific business types. No information is provided about incumbent vendors or current contractors, and there are no details about existing infrastructure or technology requirements for integration. The RFP does not disclose an estimated total contract value, budget range, or potential contract duration. Vendors are expected to specify their own payment terms and provide comprehensive retirement plan administration services. The lack of specific financial details suggests that pricing and contract specifics will be negotiated during the evaluation process. Interested vendors should carefully review the RFP documents, including the two addenda, to fully understand the town's requirements and prepare a comprehensive proposal.