​07-01-2021: Third Party Administration Services RFP Announcement

CalHR released​​ a Request for Proposal (RFP), 700-20-01, on July 1, 2021, to obtain proposals for the Third-Party Administration Services. The Agreement awarded through this RFP process will replace the current Third-Party administrator service Agreement for the Savings Plus Program (Savings Plus), the State of California’s approximately $18.5 billion 401(k) Thrift Plan, 457(b) Deferred Compensation Plan, and Part-time, Seasonal, and Temporary Employees Retirement Program (PST).

CalHR intends that the successful firm will enter into an individual Agreement with CalHR for a five-year period beginning January 1, 2023, with the option to extend the Agreement for up to two (2) additional one-year periods.

Visit savingsplusnow.com for more information about Savings Plus.

The deadline for response to this RFP is September 1, 2021, at 3:00 p.m. (PT).

TO RECEIVE THE RFP BID PACKAGE

To receive the RFP bid package:

  • Visit C​al ePr​ocure on or after July 1, 2021
  • Click Get Public Procurement Information
  • Search Event I.D. 700-20-01
  • Register to receive updates about this RFP

ADDENDUMS

Addendums ​are posted at Cal eProcure​​​​​​​. Registered users are notified of such addendums via email.

BIDDERS LIST

To remain on the Bidders List for the next Savings Plus RFP announcement, you must complete the Interest Letter and email the completed form to CalHR’s Contracts Management Unit to the following:

email to admin.contracts@calhr.ca.gov or mail it to:

Department of Human Resources
Attention: Contracts Management Unit
1515 S Street, North Building, Suite 500
Sacramento, CA 95811-7258

Note: Firms that do not respond will be removed from the Bidders List and will not receive future RFP announcements.

If you would like to be added to the Bidders List for future RFPs provide the following information to CalHR’s Contracts Management Unit at the email address or mailing address noted above:

Company Name
Address
City, State, ZIP Code
Contact Name
Title
Telephone Number
Fax Number
Email Address

QUESTIONS

CalHR will only answer questions about the RFP in accordance with the instructions provided within the RFP.

There is no bidder’s conference scheduled for this RFP.​