CalHR released a Request for Proposal (RFP) 22-700-05 on April 5, 2023, seeking bids for Socially Responsible Investments (SRI) – Balanced Fund (actively managed). The investment awarded through this RFP process will be used to replace the current investments in the SRI Balanced Fund option in the Savings Plus Program’s 457(b) Deferred Compensation Plan and 401(k) Thrift Plan.
CalHR will consider institutionally managed investment vehicles including separately managed accounts, commingled trust funds, low cost retail mutual funds, and institutional mutual funds that can operate in a daily valued recordkeeping environment.
CalHR’s investment portfolio is constructed through the use of twenty-three (23) separate accounts, two (2) commingled trust funds, and four (4) mutual funds.
CalHR intends that the successful firms will enter into individual agreements with CalHR for a five-year period beginning October 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 May 15, 2023 at 3:00 p.m. (PT).
TO GET THE RFP BID PACKAGETo get the RFP bid package:
- Visit Cal eProcure on or after April 1, 2023
- Click Get Public Procurement Information
- Search Event I.D. 22-700-05
- Register to receive updates about this RFP
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.
ADDENDUMS
Addendums are posted at Cal eProcure. Only registered users are notified of such addendums via email.
BIDDERS LIST
To receive notice of the next Savings Plus RFP opportunity, provide the following information to the Contracts Management Unit:
Company Name
Address
City, State, ZIP Code
Contact Name
Title
Telephone Number
Fax Number
Email Address
You may email this information 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