Office of the Illinois State Treasurer - Administrative Consulting Services - RFP 370-200-25-018 (2024)
- Due
- Jan 22, 2025
- Deadline passed
- Posted
- Dec 20, 2024
- Contract term
- 4 years
- Primary contact
- Christopher M. Flynn
- (555) 123-4567
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THE 30-SECOND BRIEF
The Office of the Illinois State Treasurer is seeking proposals for an administrative consultant to assist with the formulation of strategy, structuring, marketing, implementation, and oversight of Treasurer programs, with particular emphasis on the Illinois College Savings Plans (Bright Start and Bright Directions), the Illinois Achieving a Better Life Experience Act Savings Pool (ABLE), and the Secure Choice Savings Program. The contractor will provide plan governance and administration, marketing and brand services, investment services, industry updates, and ongoing consulting services, including program structure assessment, policy recommendations, RFP advising, due diligence support, and reporting. The initial contract term is four (4) years, with potential extensions not to exceed a total of ten (10) years. Proposals are due by 1:00 p.m. CT on January 22, 2025, with respondent questions due by December 30, 2024. Required qualifications include at least three (3) years of experience advising College Savings, Secure Choice, and ABLE programs for government entities, and senior professionals must have at least five (5) years of relevant experience.
Background & Experience (35), Advisory and Administrative Services (20), Reporting Requirements (15), Equity, Diversity & Inclusion (5), Corporate Responsibility – Environmental, Social and Governance Practices (5), Illinois Presence (5), Cost Proposal (20), Interview (10)
SUMMARY
The Office of the Illinois State Treasurer is seeking proposals for an administrative consultant to assist with the formulation of strategy, structuring, marketing, implementation, and oversight of Treasurer programs, with particular emphasis on the Illinois College Savings Plans (Bright Start and Bright Directions), the Illinois Achieving a Better Life Experience Act Savings Pool (ABLE), and the Secure Choice Savings Program.
The contractor will provide plan governance and administration, marketing and brand services, investment services, industry updates, and ongoing consulting services, including program structure assessment, policy recommendations, RFP advising, due diligence support, and reporting. The initial contract term is four (4) years, with potential extensions not to exceed a total of ten (10) years. Proposals are due by 1:00 p.m. CT on January 22, 2025, with respondent questions due by December 30, 2024. Required qualifications include at least three (3) years of experience advising College Savings, Secure Choice, and ABLE programs for government entities, and senior professionals must have at least five (5) years of relevant experience.
EVALUATION CRITERIA
REQUIRED ATTACHMENTS
Illinois State Treasurer Certifications, Disclosures Financial Interest and Potential Conflicts of Interest (Disclosure Form A), Disclosures Other Contract and Procurement Related Information (Disclosure Form B), Minimum Mandatory Service Requirements (Appendix B), Redacted Copy, Cost Proposal
- Submit to
- [email protected]
- Duration
- 120 months
- Scope location
- Springfield, IL
- Reported agency
- Office of the Illinois State Treasurer
Questions about this RFP
How do I respond to this RFP from IL-State-Office of the Illinois State Treasurer?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is January 22, 2025. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected]. For questions, contact Christopher M. Flynn.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including IL-State-Office of the Illinois State Treasurer 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 Christopher M. Flynn at (555) 123-4567. 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: "Background & Experience (35), Advisory and Administrative Services (20), Reporting Requirements (15), Equity, Diversity & Inclusion (5), Corporate Responsibility – Environmental, Social and Governance..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from IL-State-Office of the Illinois State Treasurer?
All active and historical solicitations from IL-State-Office of the Illinois State Treasurer are tracked and searchable. As a state agency, IL-State-Office of the Illinois State Treasurer 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 4 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: Illinois State Treasurer Certifications, Disclosures Financial Interest and Potential Conflicts of Interest (Disclosure Form A), Disclosures Other Contract and Procurement Related Information (Disclos. Review the full document from IL-State-Office of the Illinois State Treasurer for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Springfield, IL. Review the full solicitation for detailed scope requirements.