Government Contract | Michigan
Investment and Administrative Services for 401 and 457 plans

Bid Information


Bid Alert No: 00002648257

Bid Title: Investment and Administrative Services for 401 and 457 plans

Agency Bid No. Title: 210000002048

Received Date: 06/15/2021

Close Date: 07/13/2021

Purchase Type: Term: 01/01/2024 - Option to Renew

Delivery Point: Not Stated, Michigan

Delivery Date: Not Stated

Special Notices: Questions Due By 06/15/2021 03:00 PM, Bidder Preregistration

Specifications

Specifications include, but are not limited to: Select and monitor investment options with the care, skill, and diligence that would beapplied by a prudent professional investor, acting in a like capacity and knowledgeablein the investment of retirement funds. Undertake transactions for the sole interest of the retired and employed participants,including their beneficiaries, of the Plans (the Participants) to provide benefits andpay expenses of administration under the Plan. Participants may obtain sufficient information to make informed decisions about theinvestment options available under the Plan.

Product Code: 94656

Agency Information


Issuing Agency: State of Michigan - Department of Technology, Management and Budget (DTMB)

State: Michigan

Agency Type: State and Local

Contact: Joy Nakfoor

Phone: 517-249-0481

Email: nakfoorj@michigan.gov

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