What the buyer needs
AI summaryThe Coachella Valley Association of Governments seeks proposals from qualified independent consultants to evaluate its deferred compensation plan and provide related advisory services. The selected advisor will guide the CVAG Deferred Compensation Working Group, monitor current investment line-up performance, inventory plan arrangements and costs, benchmark fees, and evaluate provider performance and governance over a three-year contract term. Eligible proposers must be USA-based organizations holding required professional licenses and registrations, possessing at least ten years of experience under a legally registered business. Proposers must submit questions by email to [email protected] no later than November 19, 2026. Proposals must be submitted via email to [email protected] with separate technical and fee proposal attachments by 4:00 p.m. Pacific Time on December 4, 2026.
Scope of work
- Guide the chartered CVAG Deferred Compensation Working Group
- Provide monitoring and oversight of current investment line-up performance at least quarterly
- Evaluate current plan, provider, investments, fees, documents, administration, governance, and participant services
- Provide guidance, oversight, draft policies, meetings, educational trainings, documentation, and compliance
- Review plan fees and governing documents for cost, accuracy, and compliance issues
- Negotiate with the incumbent provider (optional task)
- Conduct competitive provider procurement (optional task)
- Provide implementation and transition assistance (optional task)
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
- At least ten (10) years of experience under a legally registered business entity
- Hold all professional licenses and registrations required by law, including applicable federal or state investment-adviser registrations
- Comply with applicable CVAG and local business licensing requirements
- Maintain independence from providers, investment managers, custodians, and evaluated products
- Disclose any bankruptcy filings and material regulatory investigations or disciplinary actions
Documents to include with your response
- Technical Proposal
- Fee Proposal (Appendix A)
- Cover letter
- Resumes of key personnel
- Sample work products (one to three)
- Three references for comparable work
- Signed addenda
- Independence and Conflict Disclosure Form (Appendix B)
- Contract exceptions list
How to submit
- Method
- Instructions
- Submit via email to [email protected] with the subject line 'Deferred Compensation Plan Evaluation and Advisory Services Proposal' containing two separate PDF attachments: Technical Proposal (maximum 20 pages) and Fee Proposal.