Deferred Compensation Plan Administrator

Agency: Metropolitan Water Reclamation District of Greater Chicago
State: Illinois
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
  • 541612 - Human Resources Consulting Services
Posted Date: Mar 6, 2024
Due Date: Apr 5, 2024
Solicitation No: 23-RFP-23
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Contact information: Please Login to View Page
Bid Documents: Please Login to View Page
contract number contract description advertise date bid opening date contract documents questions and answers plan holder list
23-RFP-23 Deferred Compensation Plan Administrator 3/6/2024 12:00:00 AM 4/5/2024 11:00:00 AM » General Information » Invitation to Bid*
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NOTICE
INVITATION TO BID
TO
METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
DEFERRED COMPENSATION PLAN ADMNISTRATOR
CONTRACT 23-RFP-23
The Metropolitan Water Reclamation District of Greater Chicago (“District”) requests proposals from any
prospective Proposer for the above captioned subject which is described in document 23-RFP-23.
PROPOSALS ARE DUE: April 5, 2024
Sealed proposals, endorsed as above, will be submitted to the District via an electronic upload to the Bonfire
Portal only. See “Submission Via the Bonfire Portal” for instructions. Proposals will be accepted from the date
of the Invitation to Bid, up to 11:00 A.M. (Central Time CT) on the date stated above.
No bids will be accepted after 11:00 A.M. CT on the above scheduled due date. Faxed, mailed, emailed, or
hand delivered proposals will not be accepted. There is no Bid Depository safe for this purpose.
The District is seeking a qualified vendor to provide administrative services for its 457 Deferred Compensation
Plan including recordkeeping/administration; investment management; communication/education, including
onsite education; participant advisory services; and custodial trustee services. A complete description of the
required services is provided in the proposal document, Section II, Scope of Work. The contract for these
services will be for the period January 1, 2025, through December 31, 2029.
Copies of the Request for Proposal are only available online from the District’s website at www.mwrd.org
(DOING BUSINESS PROCUREMENT & MATERIALS MANAGEMENT CONTRACT
ANNOUNCEMENTS). No fee is required for the Request for Proposal documents. Any questions regarding
the downloading of Request for Proposal documents should be directed to contractdesk@mwrd.org or call (312)
751-6643.
Further, the District assumes no liability or responsibility for the failure or inability of any Proposer to
successfully download any and all contract documents, including but not limited to specifications, proposal
forms and/or plans, as a result of any type of technological computer and/or software system failure or
breakdown that restricts, prohibits or prevents successful downloading of any and all District contract
documents by the Proposer, whether caused by the District or other parties, directly or indirectly.
Proposers are to include with their proposal signed copies of any addenda, or acknowledge receipt of any
addenda, if the District issued any addenda to this contract. Failure to do so may be cause for the rejection of
any bid. Bidding documents are available only online, and any addenda issued for this contract will be available
online at the District’s website, www.mwrd.org (Doing Business Procurement and Materials Management
Contract Announcements). Addenda will also be emailed/faxed to each person receiving a set of such contract
documents and to such other prospective Proposers as shall have requested that they be furnished with a copy of
the addenda.
If any potential Proposer contemplating to submit a proposal is in doubt as to the true meaning of any part of the
specifications or other contract documents, such inquiry should be submitted online at the District’s website,
www.mwrd.org. The path is as follows: Doing BusinessProcurement and Materials ManagementContract
Announcements. The District will provide an online response to such inquiries, as the District deems
appropriate. Strings of appropriate questions and answers regarding the bidding documents will be available
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online on the District’s website until the bid opening date of the documents. No questions will be accepted by
telephone, fax, email, mail, or any other such form of delivery.
The District will only respond to questions received online up to ONE WEEK prior to the date set to receive
proposals. The District will not respond to questions received after this date. The District does not guarantee the
timeliness of responses provided online, nor does the District guarantee that such responses will be provided in
adequate time to affect the submission of bids. The District shall provide responses online ONLY if the
responses do not interpret or otherwise change the bidding documents.
The District’s responses online are NOT official responses and, therefore, are not binding to the bidding
documents. Any official interpretation or change to the bidding documents will be made only by addenda duly
issued to all plan holders on record by the Director of Procurement and Materials Management.
The contact person for the request for proposal is James E. Fisher, Human Resources Manager. This contact
person will provide online responses to online inquiries.
The District reserves the right to accept any Request for Proposal or any part thereof or to reject any and all
Request for Proposals.
Metropolitan Water Reclamation District
of Greater Chicago
Darlene A. LoCascio
Director of Procurement & Materials Management
DATE OF ADVERTISEMENT: Wednesday, March 6, 2024
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