City of Falls Church - Defined Benefits and Contributions Retirement Plans & Post Employment Benefits Consulting Services - RFP 0501-26 - 2026
City of Falls ChurchCity · Falls Church, VA- Due
- Jul 21, 2026
- Deadline passed
- Posted
- Jun 9, 2026
- Contract term
- 1 year
- Primary contact
- Cordell Myers
- (571) 666-1809
The 30-second brief
The City of Falls Church is soliciting proposals from qualified firms to provide professional external financial and investment consulting services for its defined benefit pension plans, defined contribution retirement savings plans (457(b) and 401(a)), and Other Post Employment Benefits (OPEB) trust. The scope encompasses annual investment policy statement (IPS) reviews, asset allocation studies, performance monitoring and evaluation against benchmarks, fee negotiations, compliance support (ERISA, Secure 2.0, IRS, SEC, ADA, WCAG 2.1), and fiduciary guidance. The submission deadline is July 21, 2026, at 4:00 PM EST, with a non-mandatory virtual pre-proposal meeting scheduled for June 18, 2026. Required submissions include technical and cost proposals along with forms C1 through C5, references, and proof of Virginia State Corporation Commission registration.
Qualifications/Credentials of Offeror/Proposed Team (25), Experience/References (35), Approach/Methodology to include alternative solutions (20), Quality Assurance Process (15), General Proposal Compliance & impact of any exception(s) taken (5), Cost Proposal (40)
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Summary
The City of Falls Church is soliciting proposals from qualified firms to provide professional external financial and investment consulting services for its defined benefit pension plans, defined contribution retirement savings plans (457(b) and 401(a)), and Other Post Employment Benefits (OPEB) trust.
The scope encompasses annual investment policy statement (IPS) reviews, asset allocation studies, performance monitoring and evaluation against benchmarks, fee negotiations, compliance support (ERISA, Secure 2.0, IRS, SEC, ADA, WCAG 2.1), and fiduciary guidance. The submission deadline is July 21, 2026, at 4:00 PM EST, with a non-mandatory virtual pre-proposal meeting scheduled for June 18, 2026. Required submissions include technical and cost proposals along with forms C1 through C5, references, and proof of Virginia State Corporation Commission registration.
EVALUATION CRITERIA
REQUIRED ATTACHMENTS
6- Offer Form (Attachment C1)
- Authority to Transact Business in Virginia (Attachment C2)
- Company Information (Attachment C3)
- References (Attachment C4)
- Trade Secret/Proprietary Information Identification (Attachment C5)
- Signed RFP Addenda
- Submit to
- [email protected]
- Duration
- 60 months
- Scope location
- Falls Church, VA
Questions about this RFP
How do I respond to this RFP from City of Falls Church?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 21, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected]. For questions, contact Cordell Myers.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including City of Falls Church in VA, 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 Cordell Myers at (571) 666-1809. Questions and answers are typically shared with all prospective bidders.
Show 5 more questions
What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Qualifications/Credentials of Offeror/Proposed Team (25), Experience/References (35), Approach/Methodology to include alternative solutions (20), Quality Assurance Process (15), General Proposal Compl..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from City of Falls Church?
All active and historical solicitations from City of Falls Church are tracked and searchable. As a city agency, City of Falls Church 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 1 year. 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: Offer Form (Attachment C1), Authority to Transact Business in Virginia (Attachment C2), Company Information (Attachment C3), References (Attachment C4), Trade Secret/Proprietary Information Identifica. Review the full document from City of Falls Church for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Falls Church, VA. Review the full solicitation for detailed scope requirements.