BANKING-9600 - USA (Abilene, Texas) - Independent Governmental 457(b) Retirement Plan Consulting and Investment Advisory Services - Deadline December 18,2026

(1) Vendor needs to provide independent governmental 457(b) retirement plan consulting and investment advisory services to the government authority located in Abilene, TX.• Strengthen documented governance and prudent oversight of the plan.• Provide independent investment research, monitoring, recommendations, and fee benchmarking.• Monitor the recordkeeper through objective service, cost, technology, cybersecurity, and participant–outcome measures.• Serve as an independent investment adviser and acknowledge in the contract the applicable fiduciary and professional standard for the services provided.• Advise the City on governance structure, decision–making, documentation, delegations, meeting practices, and oversight responsibilities.• Evaluate the investment lineup, target date funds, capital–preservation or fixed products, asset classes, fees, share classes, risk, performance, and participant usage.• Provide quarterly performance reports using appropriate benchmarks and peer groups and clearly distinguish gross, net, and risk–adjusted results• Identify direct and indirect compensation, revenue sharing, float, spread, proprietary product revenue, and participant–paid charges• Monitor legislative, regulatory, and market developments and provide actionable summaries and implementation support.• Review plan utilization by age, tenure, pay, location, or other appropriate cohorts while protecting participant privacy.(2) All question must be submitted no later than November 24, 2026.