July 27, 2016
The Illinois Secure Choice Savings Board (“Board”) authorized the Illinois State Treasurer’s Office (“Treasurer”) to issue this Request for Proposals (“RFP”) for a Market Analysis Report (“Report”) on behalf of the Board.
The successful Respondent (“Contractor”) shall provide the Board and Treasurer with a final report, analyzing the financial feasibility of Secure Choice, including, but not limited to, determining when the Illinois Secure Choice Savings Program (“Secure Choice”) will be self sustaining, as well as recommendations for how to optimize Secure Choice participation and performance. Respondents must submit their Proposals by 2:00 p.m. CT on September 6, 2016. The Contractor shall enter into a contract with the Treasurer (“Agreement”) for an initial term of six (months). Upon expiration of this term, the Treasurer may elect to extend the Agreement for a period of time agreed upon by the parties, not to exceed a total of two (2) years.