Fiduciary Consultant Service

The Cherokee Nation, a government authority located in Tahlequah, Oklahoma, is seeking a fiduciary consultant to act as an advisor and fiduciary for its retirement plans. The agency needs to solve the challenge of managing, monitoring, and optimizing its retirement plan investments and vendor relationships. To achieve this, the selected consultant will review and recommend investments, monitor investment performance, and provide comprehensive reviews and recommendations for the retirement plans. The scope of work requires the consultant to negotiate and manage plan expenses and fees with vendors, as well as negotiate proposals with vendors. The consultant must promptly respond to questions from Nation staff, assist in responses to vendor inquiries when appropriate, and review future retirement-related proposals upon request. Additionally, the agency requires contract review and recommendations, along with ongoing advice and support for the Committee regarding investment performance and selection. Eligible bidders must be onshore organizations based entirely in the United States. The agency expects the selected vendor to perform all work offsite. The agency has not disclosed a specific budget and is currently looking for proposals to determine the cost of these services. No specific evaluation criteria or key dates are provided in the sourcing details.