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City of Aurora - Recording Keeping 457 Plans for City of Aurora - RFP - 25-229 (2025)

City of Aurora city
Due
Jan 23, 2026
Deadline passed
Posted
Dec 23, 2025
Contract term
3 years
Primary contact
Jenni Friedman
(311) 259-5783
Deadline passedClosed Jan 23

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THE 30-SECOND BRIEF

What they're buying

The City of Aurora, IL is issuing a recordkeeping RFP for its 457 plans with solicitation number 25-229. The current plans may be consolidated or retained, pending RFP results, with 5 total plans eligible for group wire and approximately 1,231 eligible employees. The selected recordkeeper will handle 100% of administrative work including hardships, loans, and QDROs, provide an engaging participant website/app, and deliver 5 days of onsite education annually. The contract term is 3 years with two 1-year extension options. Responses are due by January 23, 2026, with questions due by January 12, 2026. Required submissions must be completed electronically via OpenGov.

How it's scored

Project Understanding (10), Experience with Similar Sized 457 plans (10), Service Team and Plan Sponsor Resources (22.5), Participant Services (22.5), Technology (10), Green Initiatives (5), Pricing (20)

SUMMARY

The City of Aurora, IL is issuing a recordkeeping RFP for its 457 plans with solicitation number 25-229.

The current plans may be consolidated or retained, pending RFP results, with 5 total plans eligible for group wire and approximately 1,231 eligible employees. The selected recordkeeper will handle 100% of administrative work including hardships, loans, and QDROs, provide an engaging participant website/app, and deliver 5 days of onsite education annually. The contract term is 3 years with two 1-year extension options. Responses are due by January 23, 2026, with questions due by January 12, 2026. Required submissions must be completed electronically via OpenGov.

EVALUATION CRITERIA

Project Understanding10
Experience with Similar Sized 457 plans10
Service Team and Plan Sponsor Resources (22.5)
Participant Services (22.5)
Technology10
Green Initiatives5
Pricing20

REQUIRED ATTACHMENTS

7
  • Certificate of Insurance
  • Sample Standard Contract
  • Contact Information
  • References
  • Sub-Contractor List
  • Proposer's Certification
  • Proposer's Tax Certification
Submit to
https://procurement.opengov.com/portal/aurorail
Duration
60 months
Scope location
Aurora, IL
Reported agency
City of Aurora

Questions about this RFP

How do I respond to this RFP from City of Aurora city?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is January 23, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://procurement.opengov.com/portal/aurorail. For questions, contact Jenni Friedman.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including City of Aurora city in IL, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Jenni Friedman at (311) 259-5783. Questions and answers are typically shared with all prospective bidders.

Can I search RFPs like this in ChatGPT or Claude?

Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.

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What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Project Understanding (10), Experience with Similar Sized 457 plans (10), Service Team and Plan Sponsor Resources (22.5), Participant Services (22.5), Technology (10), Green Initiatives (5), Pricing (..." Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from City of Aurora city?

All active and historical solicitations from City of Aurora city are tracked and searchable. As a city agency, City of Aurora city regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 3 years. Contract terms may include renewal options.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Certificate of Insurance, Sample Standard Contract, Contact Information, References, Sub-Contractor List, Proposer's Certification, Proposer's Tax Certification. Review the full document from City of Aurora city for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Aurora, IL. Review the full solicitation for detailed scope requirements.

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