Deferred Compensation Plan Investment Consulting Services

The 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 independent expertise in investment design, performance oversight, and fiduciary governance to maintain a participant-focused, cost-effective, and forward-looking program. Through this partnership, the agency aims to deliver objective analysis, innovative strategies, and actionable insights that support City employees in achieving long-term financial security. The scope of work covers investment plan design consulting, investment selection and performance consulting, compliance and risk management consulting, and outcomes and strategic analyses. Bidders must perform all work offsite and must be organizations based onshore within the United States. The agency will award a contract for a five-year period, and the budget is open to proposals submitted by bidders. The agency accepts digital proposal submissions via email or through its online portal. Interested parties must submit all questions regarding this opportunity no later than July 2, 2026. Evaluation criteria will focus on the bidder's ability to align the investment program with fiduciary standards and participant needs.