TRE23101-EARNSPGMCON-PROGRAM CONSULTING SERVICES

The Office of the State Treasurer (“OST”), on behalf of the EARNS Program Board (the “Board”), is seeking proposals from qualified firms
(“Consultants”) interested in providing program consulting services to the State of Delaware (the “State”) as detailed in the Scope of Services attached hereto as Appendix A. The selected Consultant will advise the Board and OST on matters including but not limited to program
structure and design, program implementation, program administration, procurement, standards, best practices, marketing and distribution, and compliance, as related to the Delaware Expanding Access to Necessary & Retirement Savings (EARNS) program (the
“Program”). This RFP is issued pursuant to 29 Del. C. §§ 6981, 6982 and 6986.

CONSULTANT ELIGIBILITY: Any prospective Consultant that does not meet the following criteria will not qualify for this RFP process:

1. Consultant must have a minimum of three years of experience providing retirement program consulting services to public-sector entities.
2. Consultant must have experience assisting public-sector entities with the procurement of either program administration, investment consulting or investment management and demonstrated experience developing and implementing government-sponsored savings plans.
3. Consultant must possess all necessary business licenses, including a valid State business license, certification(s) necessary to perform services identified herein, and proof of insurance required under the PSA.
4. Consultant must hold and maintain all licenses and registrations required by applicable federal and state laws and provide proof that all such licenses and registrations are current and in good standing.

The tentative timetable for this RFP process is as follows:

• RFP published 12/05/2022
• Deadline for Consultant questions 12/19/2022
• Deadline for State responses- Q&A closed and published 12/27/2022
• Deadline for Consultant proposal submission 01/17/2023
• Finalists’ presentations (virtual) 02/20/2023 – 02/24/2023
• Finalist selected (Board approval) TBD
• Estimated award notifications 3/31/2023

There will be no pre-bid meeting associated with this RFP.

This RFP is not an offer. The State reserves the right to cancel this RFP or modify the above RFP dates at any time, and for any reason.

Visit the State’s Bid Solicitation Directory to learn more about open and awarded solicitations.