Tennessee Treasury Department RFP 30901-65526 Recordkeeping, Administration, and Investment Options - 2026
Tennessee Community Resource Board | State of TennesseeState · Nashville, TN- Due
- Jun 29, 2026
- Deadline passed
- Posted
- May 12, 2026
- Contract term
- 5 years
- Primary contact
- Dawn Rochelle
- (615) 253-8770
The 30-second brief
The Tennessee Treasury Department seeks competitive proposals from qualified organizations to provide recordkeeping/administration, communication/education, in-person and virtual field education, investment advisory, broad open-architecture investment platforms, and custodial trustee services for the State's Optional Retirement Program (ORP), the University of Tennessee 403(b) Plan, and the Tennessee Board of Regents 403(b) Plan under RFP # 30901-65526. The scope covers approximately 37,700 total participants in the ORP and 5,607 in the 403(b) plans, with roughly $5.2 billion and $970 million in assets, respectively. Services include payroll file interfaces, contribution reconciliation, IRS deferral limit monitoring, participant enrollment, holistic retirement income projections, call center support, and self-directed brokerage window options. The submission deadline is June 29, 2026, at 2:00 p.m. Central Time, with a pre-response teleconference scheduled for May 18, 2026. The evaluation is based on general qualifications, technical experience, approach, oral presentations, and cost proposals.
General Qualifications & Experience (10), Technical Qualifications, Experience & Approach (50), Oral Presentation (10), Cost Proposal (30)
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Summary
The Tennessee Treasury Department seeks competitive proposals from qualified organizations to provide recordkeeping/administration, communication/education, in-person and virtual field education, investment advisory, broad open-architecture investment platforms, and custodial trustee services for the State's Optional Retirement Program (ORP), the University of Tennessee 403(b) Plan, and the Tennessee Board of Regents 403(b) Plan under RFP # 30901-65526.
The scope covers approximately 37,700 total participants in the ORP and 5,607 in the 403(b) plans, with roughly $5.2 billion and $970 million in assets, respectively. Services include payroll file interfaces, contribution reconciliation, IRS deferral limit monitoring, participant enrollment, holistic retirement income projections, call center support, and self-directed brokerage window options. The submission deadline is June 29, 2026, at 2:00 p.m. Central Time, with a pre-response teleconference scheduled for May 18, 2026. The evaluation is based on general qualifications, technical experience, approach, oral presentations, and cost proposals.
EVALUATION CRITERIA
REQUIRED ATTACHMENTS
5- Statement of Certifications & Assurances
- Technical Response & Evaluation Guide
- Cost Proposal & Scoring Guide
- Reference Questionnaire
- Pro Forma Contract
- Submit to
- https://hub.edison.tn.gov/psp/paprd/EMPLOYEE/EMPL/h/?tab=PAPP_GUEST
- Duration
- 60 months
- Scope location
- Nashville, TN
- Reported agency
- Tennessee Treasury Department
Questions about this RFP
How do I respond to this RFP from Tennessee Community Resource Board | State of Tennessee?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is June 29, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://hub.edison.tn.gov/psp/paprd/EMPLOYEE/EMPL/h/?tab=PAPP_GUEST. For questions, contact Dawn Rochelle.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Tennessee Community Resource Board | State of Tennessee in TN, 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 Dawn Rochelle at (615) 253-8770. Questions and answers are typically shared with all prospective bidders.
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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: "General Qualifications & Experience (10), Technical Qualifications, Experience & Approach (50), Oral Presentation (10), Cost Proposal (30)" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Tennessee Community Resource Board | State of Tennessee?
All active and historical solicitations from Tennessee Community Resource Board | State of Tennessee are tracked and searchable. As a state agency, Tennessee Community Resource Board | State of Tennessee 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 5 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: Statement of Certifications & Assurances, Technical Response & Evaluation Guide, Cost Proposal & Scoring Guide, Reference Questionnaire, Pro Forma Contract. Review the full document from Tennessee Community Resource Board | State of Tennessee for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Nashville, TN. Review the full solicitation for detailed scope requirements.