About this opportunity
AI summaryThe Coachella Valley Association of Governments seeks proposals from qualified independent consultants to evaluate its deferred compensation plan and provide advisory services. The selected advisor will guide the CVAG Deferred Compensation Working Group, monitor investment lineup performance and fees relative to benchmarks quarterly, evaluate administration and recordkeeping, assist with incumbent provider negotiations, and develop implementation plans for any transitions. Eligibility requires US-based organizations with at least ten years of experience under a legally registered business name and all required professional licenses and registrations. Proposers must submit separate technical and fee proposal PDF files by email to [email protected] by 4:00 p.m. Pacific Time on December 4, 2026. All questions must be emailed no later than November 19, 2026.
Buyer and opportunity details
- Client
- Coachella Valley Association of Governments
- Solicitation No.
- 2027-02
Scope of work
- Plan design, guidance, and oversight
- Options and recommendations
- Plan investments evaluation and monitoring
- Incumbent provider negotiations (Optional)
- Provider procurement (Optional)
- Implementation and transition (Optional)
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Qualifications and experience, including reference checks | 20 |
| Proposed deliverables, sample work products, and methodology for investment monitoring | 20 |
| Conflicts of Interest | pass/fail |
Minimum qualifications
- Comply with applicable CVAG and local business licensing requirements
- Maintain professional licenses and registrations required for proposed services, including applicable federal or state investment-adviser registrations
- At least ten (10) years of experience under a legally registered business name providing deferred compensation advisory services
- Disclose any bankruptcy filing by the firm or a predecessor
- Disclose material state or federal regulatory investigations or disciplinary actions
- Available for at least quarterly meetings with CVAG staff and Deferred Compensation Working Group
- Remain independent of providers, investment managers, custodians, and products evaluated
Documents to include with your response
- Cover letter
- Technical Proposal
- Resumes of key personnel
- Sample work products
- References and disclosures
- Signed addenda
- Contract exceptions
- Appendix A: Required Fee Proposal Form
- Appendix B: Independence and Conflict Disclosure Form
Key dates
- Issue Date
- October 30, 2026
- Questions due
- November 19, 2026
- Proposals due
- 4:00 p.m. Pacific Time on December 4, 2026
How to submit
- Method
- Instructions
- Submit proposals via email in PDF format to [email protected] with the subject line 'Deferred Compensation Plan Evaluation and Advisory Services Proposal'. Must include two separate attachments: (1) Technical Proposal (limited to 20 pages) and (2) Fee Proposal.
Contract details
- Term
- Commence on [INSERT DATE], 2026 for an initial term, with CVAG having the unilateral option to renew for no more than two (2) additional one-year terms
- Insurance and bonding
- Commercial General Liability: $1,000,000 per occurrence, $2,000,000 aggregate; Professional Liability (Errors and Omissions): $1,000,000 per claim and aggregate; Automobile Liability: ISO Form CA 00 01 Code 1 (any auto); Workers' Compensation statutory and Employer's Liability: $1,000,000 per accident or disease with Waiver of Subrogation; Cyber/Privacy Liability: $1,000,000 per claim and aggregate.