Post-Retirement Deferred Compensation Plan Provider/Consultant

Chandler Unified School District (CUSD), the second largest school district in Arizona and a significant employer in Chandler, is soliciting proposals for a Post-Retirement Deferred Compensation Plan Provider/Consultant. The contract, identified as solicitation number 04-27-31 and posted on April 8, 2026, seeks a vendor to deliver comprehensive administrative and operational services supporting the District’s deferred compensation plan. Key responsibilities include participant account management, distribution processing, vesting administration, and the handling of beneficiary designations with rigorous adherence to relevant federal tax laws and regulations, including EGTRRA 2001 and IRS compliance requirements. The contract term is slated to commence July 1, 2026, through June 30, 2027, with options to extend up to four additional one-year terms subject to funding and performance. Evaluation of proposals will be based on a best value trade-off approach emphasizing four weighted factors: quality of investment choices and historical returns (40%), cost and fees (30%), experience and expertise (20%), and qualifications of the firm (10%). Offerors are required to demonstrate adherence to strict fiduciary and operational standards, ensure all direct services are performed domestically, meet security clearance requirements—including fingerprint background checks—and comply with anti-collusion and non-boycott certifications. The contract includes detailed administrative provisions such as invoice submission protocols, inspection and acceptance requirements at contractor facilities, and rigorous contractual terms covering contractor responsibility, confidentiality, and ethical compliance. While pricing data and specific value estimates are not provided, proposals must be submitted electronically via OpenGov by May 13, 2026, containing all required documentation such as plan documents, non-collusion affidavits, and proprietary information designations. This solicitation places significant emphasis on delivering a compliant, cost-effective, and high-quality retirement plan administration service aligned with CUSD’s commitment to innovation and continuous improvement for its workforce.