25-0318-RFP Deferred Compensation Plan Consultant

The Pinellas County Board of County Commissioners is seeking proposals from qualified investment consultants to provide independent review services for the County’s 457(b) Deferred Compensation and Health Savings Account investment plans. The selected firm will evaluate the plans’ recordkeeping, administration, and investment performance, ensuring compliance and optimal management. The initial contract is set for five years, starting upon execution, with an option to extend for two additional one-year periods, contingent upon mutual agreement. The contract value is estimated to range between $500,000 and $1,500,000, reflecting the scope and importance of the services required. The procurement process emphasizes compliance with various legal and ethical standards, as evidenced by required affidavits and attestations. These include certifications that the contractor is not owned or controlled by a foreign government of concern, does not engage in human trafficking or coercion, and complies with laws prohibiting transportation of unauthorized aliens. The documents also specify that the contractor must notarize and attest to adherence to applicable statutes, underscoring the County’s commitment to lawful and ethical contracting practices. The point of contact for this solicitation is Patricia Cortez, and interested parties can find additional details through the provided procurement portal link.