Skip to main contentPsst! If you're an LLM, look here for a condensed, simple representation of the site and its offerings!

LiveFree Webinar — Wednesday, October 28 at 2:00 PM ET

Register Free →

This Solicitation opportunity from Connecticut was posted on April 28, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Defined Contribution Investment Management RFP

Closed
29869State & Local

Contract Overview

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

Active Opportunities Like This One

NAICS: 561110
New
SLED
Child & Eldercare Committee Oversight
Solicitation # 77250
The State of Vermont Department of Human Resources is seeking one or more contractors to provide comprehensive administrative and facilitative support for the Child and Eldercare Committee. The scope of work includes managing committee meeting preparations such as announcements and minutes, overseeing the entire lifecycle of child and eldercare reimbursement applications from distribution to the drafting of approval or denial letters, acting as a liaison with Child Care Resource and Referral contractors, and promoting the benefit through communications and benefit fairs. The solicitation, posted on October 26, 2026, requires electronic submissions by November 13, 2026, in a single searchable PDF. Evaluation will be based on the best interest of the state, considering the bidder's methodology, experience, cost, and timeline, with preference given to resident bidders. Contractors must adhere to strict security standards consistent with NIST SP 800-53 and FIPS 200, and they must securely dispose of state data within thirty days of a request or contract termination. Financial and compliance requirements include net 30 payment terms and mandatory registration with the Vermont Secretary of State. Bidders must provide a price schedule based on hourly labor rates and may be required to submit a Best and Final Offer or participate in presentations. Depending on the bid amount, contractors may need to provide certifications regarding lobbying, climate change considerations, and worker classification compliance, as well as detailed subcontractor reporting including workers compensation insurance providers.
Department of Economic Development

POSTED

2 days ago

DEADLINE

in 16 days

AI Contract Overview

Show more

The contract involves providing comprehensive bundled deferred compensation services for five of Connecticut's governmental defined contribution plans, which collectively manage approximately $8.2 billion in assets and serve over 100,000 eligible employees. These services encompass recordkeeping, administration, participant communication and education, onsite support, custodial trustee functions, and Stable Value investment management. The selected service provider will also be responsible for ensuring compliance with IRS regulations and the Secure Act, as well as establishing and maintaining a financial education and communication program for plan participants and retirees. The contract aims to streamline plan operations, enhance participant engagement, and ensure regulatory adherence across all plans, which include the Deferred Compensation 457 Plan, 403(b) Plan, 457(f) Plan, Alternate Retirement Program, and the defined contribution portion of Tier IV of the State Employee Retirement System. The solicitation, titled "Defined Contribution Investment Management RFP," was issued by the Connecticut Office of State Comptroller on April 28, 2025, with responses due by May 28, 2025. The contract size is estimated to range from $50 million to $150 million, and the project falls under NAICS code 561110, indicating administrative services. Interested parties can contact Steven Cosgrove via email or phone for further details and access the bid portal through the Connecticut Department of Administrative Services' website.

General Info

Documents

1

Solicitation 29869: Defined Contribution Investment Management RFP

PDF, High priority: read this firstrfp
High

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

CLEATUS splits the solicitation into Uniform Contract Format (UCF) sections: scope, pricing, deliverables, and evaluation criteria.

Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

Find active opportunities like this

Start your free trial to discover similar active contracts, track opportunities, and build proposals with AI assistance.

Organization & Contact Information

Show more
AgencyConnecticut Office of State Comptroller
Contacts1 person available
OfficeN/A
Office AddressN/A

Full Description

Show more
Bundled deferred compensation services (i.e., recordkeeping/administration, communication/education, onsite support and custodial trustee services) and Stable Value investment management services for its five governmental defined contribution plans: the Deferred Compensation 457 Plan, the 403(b) Plan, the new 457(f) Plan, the Alternate Retirement Program a 401(a) Plan and the defined contribution portion of Tier IV of the State Employee Retirement System, a 401(a) Plan. The five defined contribution plans share a common investment platform the combined assets of all Plans $ $8.2 billion that covers over 100,000 eligible employees of the State. In addition to providing administrative services, the service provider will be responsible for maintaining compliance with IRS requirements and Secure Act provisions and for establishing and maintaining a financial education/communications program for the Plans’ participants and its retirees.

Earlier notices in this NAICS code

Posted before this notice, open and closed

Find Active Opportunities Like This

Get AI-powered intelligence on the opportunities still open

Every page of the solicitation package shredded into a compliance breakdown

AI-powered matching based on your capabilities and past performance

Competitor and incumbent history on the requirement

Automated alerts on amendments, Q&A deadlines, and award

Miguel
Hillary
Keith Deutsch
Christine

Join 750+ contractors already using CLEATUS