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State of Washington
· State
· Washington
Retirement Consultant
PROPOSALS DUE
October 29, 2026, 4:00 pm PDT
13 days left
WHAT THEY WANT
(Summarized from the RFP)
The Washington State Board for Community and Technical Colleges (SBCTC) is seeking an independent retirement plan consulting firm to provide fiduciary support and investment advisory services for the retirement savings plans it sponsors for employees of the state's community and technical college system. The plans hold more than $4.3 billion in combined assets across more than 22,000 participants, and include the State Board Retirement Plan (a 401(a) defined contribution plan), a closed plan, the State Board Voluntary Investment Program (a 403(b) plan with roughly 5,000 participants and just under $700 million in assets), and a Supplemental Benefit Plan that guarantees eligible retirees a minimum benefit. TIAA serves as recordkeeper, and participants choose among 29 investment options.
DOCUMENT SET
5 documents
· 510.4KB
CHANGES SINCE PUBLISHED
2 changes
WHAT OTHERS ASKED
13 questions answered
▶
Do you currently retain an investment consultant? If so: Can you please provide their name, the length of time they have been retained, and if they are invited to rebid? Is the scope outlined in the RFP consistent with their current contract? If not, what items are different? Can you please provide the current annual fee being paid for these services?
Incumbent
▶
Other than the July 2024 investment menu review, have any additional investment menu reviews been conducted within the last five years?
Incumbent
▶
Can you please provide a current breakdown of assets and participant counts by plan?
Scope/requirements
▶
Can you please provide the reason for the issuance of this RFP?
Scope/requirements · Incumbent
▶
Can you share your latest quarterly report and/or fund lineup for the plans?
Scope/requirements
▶
When was your last recordkeeper/vendor search conducted? And is that included in the scope of work for this RFP/does SBCTC expect this will occur during the next contracting cycle?
Incumbent
All 13 answers open with a free account.
ABOUT THIS RFP
RFP number
SBCTC 2026-RFP-001
Budget
Not Assigned
Published
Entity type
State
State
Washington
Summarized from the State of Washington portal.
HOW TO SUBMIT
Submit one complete electronic copy of the response by email to the RFP Coordinator, Abraham L. Rocha (arocha@sbctc.edu). The SBCTC email system timestamp is the official time of receipt; the entire response must arrive before the deadline, and partial delivery does not count. Fax submissions are not accepted. The signed Certifications and Assurances (Appendix A) must be included, and each RFP requirement should be answered in order with its section number. Vendors are responsible for confirming SBCTC received every attachment, since large emails may not pass the firewall.
NAICS CODES & TAGS
541611
541990
Investment Management and Portfolio Advisory
Financial and Tax Advisory Services
Regulatory Compliance and Permitting
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Changes since published
2 changes filed since it went out, each one summarized, so a date or a requirement never shifts without you knowing.
What others asked
13 questions the government entity answered in writing — the answers bind.
The documents
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