Independent Retirement Plan Governance and Fiduciary Advisory Services

The government authority in Vermont seeks a USA-based organization to provide offsite independent retirement plan governance and fiduciary advisory services. The buyer requires the selected vendor to deliver investment advisory, recordkeeper oversight, participant support, and related consulting services. The vendor must clarify organizational responsibilities, provide independent fiduciary oversight, assume discretionary responsibility for investment choices, and create an inventory of plan documents, fees, and contracts. Additionally, the scope includes benchmarking investments, fees, and plan design against peers, strengthening recordkeeping oversight, improving participant communications and education, and offering fiduciary training to leadership. The buyer is looking for proposals to establish the budget. Interested bidders must submit all questions no later than September 16, 2026.