Employer Investment Program Custody Services

Agency: City of Gaithersburg
State: Maryland
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Apr 15, 2025
Due Date: May 1, 2025
Solicitation No: RFP-2025-024
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Description

The City operates under a decentralized procurement system; individual Departments are responsible for purchasing those goods and services required to perform their functions. The Procurement Division acts as a liaison between Departments, responsible for administering & enforcing purchasing policies & procedures; identifying & establishing procurement strategies, methods & processes; and providing assistance with solicitation development, negotiations & contract awards.

All formal solicitations and select informal solicitations (requests for quotes) will be published here and be advertised on the State of Maryland’s eMaryland Marketplace . Vendors interested in doing business with the City should register with eMaryland Marketplace. In addition, vendors may subscribe to the City’s eNewsletter to receive email notifications when new solicitations are published.

Employer Investment Program Custody Services
  • RFP Number: RFP-2025-024
  • Start Date: 04/01/2025
  • Close Date: 05/01/2025 5:00 PM
  • Status Details Open

The City of Gaithersburg Employer Investment Program provides post-retirement medical benefits to qualified retirees from the City. The Gaithersburg Employee Retirement Plan Committee is charged with overseeing and managing these benefits.

The City is seeking a qualified firm to provide custody services for the Employer Investment Program.

Qualified firms will:

  1. Provide timely reporting to the City and its designated consultants.
  2. Demonstrate a commitment to client service.
  3. Provide value for the services provided.
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