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This Solicitation opportunity from Iowa was posted on June 4, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

401(a) and 457(b) Plan Recordkeeping Services RFP – City of Cedar Rapids

Closed
PUR0524-292 Addendum 1 and 401 Plan Recordkeeping, Administration, and Compliance Services)State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541214
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POSTED

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DEADLINE

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NAICS: 541214
SLED
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Solicitation # HHS0017150
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Health and Human Services Commission

POSTED

8 days ago

DEADLINE

in about 1 month

AI Contract Overview

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The City of Cedar Rapids has issued a Notice of Request for Proposal (RFP) seeking qualified vendors to provide recordkeeping, administration, and compliance services for its 457(b) and 401(a) retirement plans. The solicitation emphasizes that all responses must be submitted electronically through the City’s designated online procurement portal, IonWave, with a deadline of July 10, 2024, at 3:00 pm CDT. Proposals will be opened promptly after the deadline, and only the submitted responses will be considered; the City will evaluate the proposals and notify all participants of the results after the award, which will be valid for at least sixty days. The contract size is estimated to range between $500,000 and $2,000,000, and the primary point of contact for inquiries is Heather Mell via email or phone. The solicitation includes comprehensive contractual terms and conditions, covering aspects such as ADA compliance, proposal validity, conflict of interest policies, and dispute resolution procedures, ensuring adherence to federal and local regulations. Additionally, the contract documents incorporate standard provisions related to insurance certification, public transparency, and procurement policies, including the City’s Buy Local policy that favors local businesses within Linn County, Iowa. The overarching goal is to select a vendor capable of delivering reliable plan recordkeeping and administrative services while complying with all legal and procedural requirements, thereby supporting the City’s employee retirement benefits program efficiently and transparently.

General Info

Place of Performance

IA, USA

Set-Aside

NONE

Documents

8

Insurance Requirements for Consultant Contract PUR0824-292

PDF, High priority: read this firstinsurance-requirements
High

PUR0524-292 Addendum 1: 457(b) and 401(a) Plan Services

PDF, High priority: read this firstamendment
High

RFP Contract Terms and Conditions

PDF, High priority: read this firstrfp
High

RFP for Recordkeeping and Administrative Services for Cedar Rapids Deferred Compensation Plans

PDF, High priority: read this firstrfp
High

Certification by Bidder's Insurance Agent Regarding Insurance Coverage

PDF, Low priority1 page · certification
Low

City of Cedar Rapids Buy Local Purchasing Policy

PDF, Low priority4 pages · special-notice
Low

Proposal Pricing Submittal Form for Plan Recordkeeping Services

XLSX, Low prioritypricing-submittal
Low

PUR0524-292 Addendum 1: 457(b) and 401(a) Plan Services Q&A

PDF, Low priorityq-and-a
Low

AI Contract Breakdown

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyIowa → City of Cedar Rapids
Contacts1 person available
OfficeN/A
Organization / AgencyIowa → City of Cedar Rapids
Office AddressN/A

Full Description

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Notice of Request for Proposal Notice is hereby given that sealed proposals will be received electronically before 3:00pm on Wednesday, July 10, 2024, for 457(b) and 401(a) Plan Recordkeeping, Administration and Compliance Services as requested by the City of Cedar Rapids Human Resources Department. The City will only accept bids submitted through the City’s Online E-Procurement portal system (IonWave).  Email, fax or hard copy Submittals are not acceptable. Suppliers are solely responsible for correctly submitting their response into the electronic system (IonWave). The City bears no responsibility for delays or errors in submittal of response by the Supplier. Proposals will be opened on Wednesday, July 10, 2024 at 3:00pm CDT (our clock).  Proposals will be evaluated promptly after opening.  After an award is made, a proposal summary will be sent to all companies who submitted a proposal.  Proposal results will not be given over the telephone or prior to award.  Proposals may be withdrawn any time prior to the scheduled closing time for receipt of proposals; no proposal may be modified or withdrawn for a period of sixty (60) calendar days thereafter.

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