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NDPERS RFP Information



NDPERS Life Insurance Plan

This Request for Proposal (RFP) is issued for fully insured proposals for the NDPERS group Life and AD&D insurance plans for an initial coverage period to be effective July 1, 2017 to June 30, 2019. Additionally, NDPERS is requesting two additional option periods, each of two years in duration (07/01/2019 - 06/30/2021 and 07/01/2021 - 06/30/2023) for a potential total of six years. The rates for the option periods will be negotiated separately 12 months in advance of the respective renewal. Responses to this RFP are due 5:00pm December 23rd CDT. The NDPERS Board will select a consultant at its March/April meeting.


Following is a sequence of major activities.

Date

Activity

November 01, 2016

RFP is issued.

November 22, 2016

Written questions regarding proposals must be received by NDPERS no later than 5:00 p.m. (CDT).

December 06, 2016

NDPERS posts responses to all questions received.

December 23, 2016

Proposals must be received by NDPERS no later than 5:00 p.m. (CDT).

February 01, 2017

NDPERS begins review of proposals.

March 01, 2017

Begin finalist interviews and Best and Final Offers if deemed necessary by the NDPERS Board.

Not later than April 2017

Selection and award of contract by NDPERS.

July 1, 2017

Effective Date of Coverage.


Life RFP Updates


NDPERS 457 Companion Plan & 401(a) Defined Contribution Plan

This Request for Proposal (RFP) is issued for proposals for the NDPERS 457 Deferred Compensation Companion Plan and 401(a) Defined Contribution Plan record keeper services for the period to be effective July 1, 2017 to June 30, 2019. Additionally, NDPERS may extend the contract for up to two additional option periods, each of two years in duration (07/01/2019 - 06/30/2021 and 07/01/2021 - 06/30/2023) for a potential total of six years. The fee structure of the option periods will be negotiated separately. Responses to this RFP are due 5:00pm January 9th, 2017 eastern time. The NDPERS Board will select a consultant at its March/April meeting.

Following is a sequence of major activities:


TASK TARGET DATES
Release of Request for Proposal - RFP 11/28/2016
Receive pre-proposal questions from provider(s) 12/12/2016
Provide response to provider(s) proposal questions 12/19/2016
Deadline for proposal submission 01/09/2017
Finalists Presentations March 2017
Commence Plan Implementation April 2017
Asset Transfer June 30, 2017

RFP (MS Word Version)   ( PDF version)