This Solicitation opportunity from Idaho was posted on August 22, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
EFC - Retirement Plan Consultant Services
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The contract involves a procurement process initiated by the Idaho State Board of Education for Retirement Plan Consultant Services, with a total estimated value of $72,000. The agency has requested an exemption from the standard competitive bidding process under Idaho regulations, citing fiduciary responsibilities delegated to its Retirement Plan Committee, which prefers to conduct its own competitive process outside of the Department of Purchasing’s usual procedures. This exemption, subject to the discretion of the DOP Administrator, is justified by the impracticality or disadvantage of a competitive solicitation in this context, given the specialized nature of the services and fiduciary duties involved. The process invites suppliers to review the exemption request and submit relevant information supporting or opposing the claim that competition would be impractical, with all responses due by August 27, 2025. The procurement is structured as a service contract for consulting related to the administration and oversight of the state's retirement plans, including the 401(a), 403(b), and 457(b) plans. It does not specify detailed performance schedules, delivery locations, or inspection criteria, as it pertains to ongoing advisory services rather than tangible deliverables. The contract is governed primarily by Idaho state regulations, notably IDAPA 38.05.01.042.05, which permits exemption from competition under certain circumstances, and by the policies delegated to the Retirement Plan Committee. The total cost is set at $72,000, with no detailed line-item or pricing breakdown provided beyond this figure. Administrative contacts include the DOP Administrator and the Retirement Plan Committee, but specific payment, invoicing, or performance management procedures are not detailed in the available documentation. The process emphasizes transparency, allowing suppliers to contribute information before the deadline via the IPRO portal or email, but final decisions rest solely with the DOP Administrator.
General Info
Agency
Place of Performance
ID, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
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