Department of Retirement Systems
About DRS Title
 
 
 

Information for DRS Vendors

Current Requests Open for 2008

No requests open at this time.

Prior Requests for 2008

On behalf of the Pension Funding Council

The Council is responsible for setting economic assumptions and the related pension contribution rates for the state's 11 pension plans. The Council is comprised of the chair and ranking minority member of the Senate ways and means committee, the chair and ranking minority member of the House of Representatives appropriation committee, the director of the Office of Financial Management, and the director of the Department of Retirement Systems.

Request for Proposal PFC-001
At least every two years, the council administers an actuarial audit of the valuation used for pension contribution rate setting. This request for proposals (RFP) is to acquire proposals from firms who can conduct an actuarial audit of the valuations used for rate setting, review recent changes to the asset valuation and funding methods, and conduct an audit of the experience study prepared by the Office of the State Actuary.

Questions submitted by interested firms and the Pension Funding Council’s answers may be found by using the following link: http://www.drs.wa.gov/Administration/RFP/current_rfps/PFC-001/pfc_001qna.pdf

The RFP may be found by using the following link: http://www.drs.wa.gov/Administration/RFP/current_rfps/PFC-001/pfc_001rfp.pdf

The legal notice has been published in the Seattle Daily Journal of Commerce. A copy of the notice may be found by using the following link: http://www.drs.wa.gov/Administration/RFP/current_rfps/PFC-001/PFCLegalNotice08.doc

The estimated schedule for this RFP is as follows; the PFC reserves the right to revise this schedule as necessary.

Issue Requests for Proposals March 7, 2008
Question and Answer Period March 7 - 14, 2008
Issue Addendum to the RFP (Questions and Answers) March 18, 2008
Proposals Due March 24, 2008 by 12:00 p.m. local time, Olympia, WA
Evaluate Proposals March 25, 2008
Possible oral interviews (bidders should hold the afternoon of March 26, 2008 open in case they are selected for interview.) March 26, 2008
Announce "Apparent Successful Contractor" and Send Notification via FAX or E-Mail to Unsuccessful Proposers March 27, 2008
Hold Debriefing Conferences (if requested) March 28 - April 4, 2008
Negotiate Contract March 28 - April 4, 2008
File Contract with OFM April 7, 2008
Begin Contract Work April 7, 2008

Prior Requests for 2007


Work Request WR-08-93
This solicitation is through the Department of Information Services (DIS) Information Technology Professional Services (ITPS) program. This work request has been posted on the Department of General Administration's Washington's Electronic Business Solution (WEBS) web site.
Work request 32100-18922
This work request has been posted on the Washington Department of General Administration's Washington's Electronic Business Solution (WEBS) Web site.
Vendor questions

Contact Information

RFP Coordinator:

Sarah Monaly

Mailing Address:

Washington State Department of Retirement Systems
PO Box 48380
Olympia WA 98504-8380


Street Address:

6835 Capitol Blvd
Tumwater, WA 98501


Telephone:

(360) 664-7291


Fax:

(360) 753-5397


E-mail the RFP Coordinator


Top of Page