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 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. The performance of all requested work will take place offsite over a contract period of five years. Eligible bidders must be onshore organizations based in the United States. The agency is looking for proposals to determine the budget for this initiative, and bidders may submit their responses digitally via email or online. All questions regarding this opportunity must be submitted to the agency no later than July 2, 2026.