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Basic Information

Reference Number

0000186932

Issuing Organization

County of Wayne

Owner Organization

WC Employees Retirement System

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

RFP Retirement

Title

INVESTMENT CONSULTANT FOR 401(a) DEFINED CONTRIBUTION PLAN & 457(b) DEFERRED COM

Source ID

PU.AG.USA.1914.C6035751

Details

Location

United States, Michigan, Wayne County

Delivery Point

WC Retirement

Purchase Type

Duration: 5 years

Piggyback Contract

Description

The Retirement Commission of the Wayne County Employees’ Retirement System
(“Retirement Commission”) is responsible for the administration and management of the
Wayne County Employees’ Retirement System, including a 401(a) Defined Contribution
Plan and 457(b) Deferred Compensation Plan (the “Plans”). The Retirement Commission
is inviting the submission of proposals from qualified investment consulting firms
(“Consultant” or “Respondent”) to provide consulting services to the Retirement
Commission for the Plans. The purpose of this RFP is to solicit proposals from qualified
respondents who can review the existing 401 and 457 framework, design and implement
a work plan to maximize efficiency and provide all of the services outlined in the Scope
of Services contained herein. The Investment Consultant will serve as a fiduciary to the
Retirement Commission and provide objective, third-party advice and counsel that will
enable the Retirement Commission to make well-informed and well-educated decisions
regarding administration of the Plans.

Dates

Publication

03/19/2018 03:39 PM EDT

Question Acceptance Deadline

04/12/2018 04:00 PM EDT

Questions are submitted online

Closing Date

04/20/2018 03:00 PM EDT

Contact Information

Robert J. Grden

rgrden@waynecounty.com

Anwar Hussein

ahussein@waynecounty.com

Bid Submission Process

Bid Submission Type

Physical Bid Submission

Additional Bidding Instructions

A sealed and complete Response to this RFP must be delivered on or before April 20, 2018 at
3:00 p.m. EST. Respondents mailing proposals should allow normal mail delivery time to ensure
timely receipt of their proposal. Sealed proposals must be in the actual possession of the
WCERS on or prior to the exact date and time indicated above. The WCERS timestamp shall be
the official time. Any Response delivered after the Response deadline may not be considered.
Faxed and e-mailed transmissions are not acceptable. Twelve hardcopies and a pdf file on
electronic copy of the Response are to be placed in a sealed package clearly marked and sent to:

The Wayne County Employees’ Retirement System
Investment Consultant RFP
Attn: Robert J. Grden
28 W. Adams, Suite 1900
Detroit, MI 48226
The Response must be accompanied by a completed copy of the Representations and Warranties
form, signed by an individual who is authorized to bind the firm contractually.