Deferred Compensation Plan Investment Consulting Services

A government authority located in California is seeking professional consulting services to advise its Board and staff on the design, oversight, performance, and strategic management of its deferred compensation investment program. The agency needs to solve the challenge of maintaining a participant-focused, cost-effective, and forward-looking investment program that aligns with fiduciary standards. The selected partner will deliver objective analysis, innovative strategies, and actionable insights to help City employees achieve long-term financial security through effective saving and investing. The scope of work covers four primary areas, including investment plan design consulting and investment selection and performance consulting. The agency also requires compliance and risk management consulting, alongside outcomes and strategic analyses. Performance of all contracted work will take place offsite. Only organizations based in the United States are eligible to bid on this opportunity. Bidders may submit their proposals digitally via email or through an online portal. The agency is looking for proposals to determine the budget and will award a contract with a term of five years. All questions regarding this procurement must be submitted no later than July 2, 2026.