INSU-6084 - USA (Falls Church, Virginia) - Contributions Retirement Savings and Post-Employment Benefits Service - Deadline July 21,2026

(1) Vendor needs to provide contributions retirement savings and post–employment benefits service to the government authority located in Falls Church, VA.• Provide professional services for External Defined Benefits, Defined Contributions Retirement Savings Plan and Other Post Employment Benefits (OPEB) Financial and Investment Consulting Services• The City is seeking proposals from qualified, independent, registered institutional financial and investment firms to serve in a fiduciary capacity, and provide independent consulting on various matters related to administering and governance of the Plans• The Plans are administered internally by the City with contracted consultant services for record keepers, custody financial institutions, financial investment, actuarial and legal services– The objectives of this Request for Proposal are to:• Select a financial and investment consulting firm that has extensive experience and expertise in providing consulting advice to public governmental pension plans, defined contribution retirement savings plans, and Other Post Employment Benefits plans regarding asset allocations, performance monitoring, fund/manager selection, and fee structure.• Establish a long–term relationship with the selected firm that is based on trust, professionalism, collaboration, quality of service and fiduciary capabilities.• Obtain competitive and transparent pricing for the financial and investment services provided by the selected firm• Evaluate investment manager or mutual funds' performance and consistency relative to investment guidelines and established benchmarks.• Provide information on peer universe, and any material changes thereto, utilized for performance evaluation and ranking• Conduct ongoing discussions with managers on investment performance and organizational Issues (such as changes in ownership, staff, new products, etc.)• Evaluate the underperformance of any manager or fund and formulate recommendations• Conduct annual organizational and performance audits of each Investment manager or mutual fund and its manager(2) The contract period will be for one year.(3) All the questions must be submitted no later than July 1, 2026