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Deferred Compensation Consulting Services

Multnomah County is soliciting proposals from qualified firms to provide independent consulting, solicitation support, and audit services for its governmental Section 457(b) deferred compensation plan. The plan serves approximately 5,800 employees and manages approximately $800 million in assets. The selected contractor will act as a fiduciary advisor, supporting the Deferred Compensation Committee with quarterly investment performance reviews, fund monitoring, fee benchmarking, provider performance evaluation, governance updates, and regulatory compliance guidance. Services also include education and training for committee members and plan participants, annual review of the Investment Policy Statement, and advisory support regarding Internal Revenue Service and state regulatory changes. Additionally, the contractor may assist with future competitive procurements for recordkeeping and plan administration services, including drafting Requests for Proposals, evaluating submissions, negotiating terms, and managing transitions. The County seeks a vendor that demonstrates independence, ethical practices, technical expertise, and cost-effective service delivery.

Government Entity

Multnomah County

State

Idaho

RFP Number

RFP-110-2026

Budget

Not Assigned

Published Date

Due Date

March 20, 2026, 4:00 pm PDT

Days remaining

14

Proposal Submission

Proposals must be submitted electronically through the Multnomah County Multco Marketplace Supplier Portal. Cost proposals must be uploaded in the Supplier Attachments section labeled Attachment B. Proposals must be received no later than 4:00 PM local Portland time on March 20, 2026.

North American Industry Classification System (NAICS)

541219

541611

541612

541690

Natural Language Tags

Financial and Tax Advisory Services

Financial and Tax Advisory Services

Organizational Effectiveness Consulting

Organizational Effectiveness Consulting

Professional Development

Professional Development

Program Evaluation Services

Program Evaluation Services

NAICS

541219

541219

# of RFPs: 7

# of RFPs: 7

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See RFPs

541611

541611

# of RFPs: 166

# of RFPs: 166

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See RFPs

541612

541612

# of RFPs: 46

# of RFPs: 46

See RFPs

See RFPs

541690

541690

# of RFPs: 100

# of RFPs: 100

See RFPs

See RFPs

Natural Language Tags

Financial and Tax Advisory Services

# of RFPs: 21

See RFPs

See RFPs

Organizational Effectiveness Consulting

# of RFPs: 31

See RFPs

See RFPs

Professional Development

# of RFPs: 11

See RFPs

See RFPs

Program Evaluation Services

# of RFPs: 30

See RFPs

See RFPs

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