The Montana University System (MUS) is seeking a contractor to provide unbundled services of a retirement plan recordkeeper and administrator for its Defined Contribution Plans. The contract includes general plan administration, recordkeeping, marketing, and education services. The successful vendor will be selected based on their proposal, which must include company and contact information, verification of nondiscrimination against firearms entities, and a cost proposal. The contract will be awarded to the vendor with the lowest cost proposal.
• The RFP includes a scoring matrix to evaluate the proposals.
• The contract is for a lump sum payment.
• The vendor must provide services for a period of time, but the exact duration is not specified.
• The contract includes a basis of evaluation for the cost proposal.
• The vendor must comply with Executive Order No. 12-2016, Equal Pay for Montana Women, to receive a bonus of 5% of the total points available.