When is the submission deadline?

Submissions are due August 7, 2026. Questions must be submitted by July 21, 2026.

It was issued by Metro Water Recovery. The work is located in Denver, Colorado, United States.

Who is a good fit for this opportunity?

Registered investment advisory firm with public-sector retirement plan expertise. Experience advising 401(a), 457(b), or other defined contribution plans. Capability to serve as co-fiduciary and provide regulatory compliance guidance. Strong track record in investment performance reporting and benchmark analysis. Experience negotiating recordkeeper fees and supporting provider solicitations. Familiarity with municipal or governmental retirement plan governance structures.

Investment Advisory Services (Due August 7, 2026)

Overview

Financial, Legal, HR & Staffing

Denver, Colorado, United StatesPosted: July 9th, 2026Deadline: August 7th, 2026

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SUMMARY

A Denver government authority is seeking an investment advisory firm to support municipal retirement plans through performance monitoring, fiduciary guidance, benchmark review, fee optimization, and implementation support. The contract will run for one year.

KEY REQUIREMENTS

Must be an experienced and qualified investment advisor
Must be able to serve as a co-fiduciary for 401(a) and 457(b) plans
Must provide independent fund performance monitoring and benchmark alignment
Must perform recordkeeper fee analysis
Must have experience with municipal retirement plans
Must provide at least three references of similar clients from the past five years
Must be able to attend quarterly meetings for the DC Retirement Board and 457(b) Advisory Committee
Must agree to the terms of the Metro Water Recovery Short Form Agreement
Must submit a valid IRS Form W-9

CONTRACT DURATION

60 months

TIMELINE

RFP Posted: July 9th, 2026

Written Inquiry Deadline: July 21st, 2026

Response to Written Inquiries: July 24th, 2026

Proposal Due Date: August 12th, 2026

Oral Presentations: Week of September 21st, 2026

Notice of Award: Week of September 28th, 2026

QUESTION DEADLINE

July 21st, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Metro Water Recovery

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Denver, Colorado is seeking a vendor to provide investment advisory services for its municipal retirement plans. The selected firm will monitor investment lineups for both plans and deliver quarterly reports assessing fund performance, allocations, and fees against established benchmarks.

The advisor will recommend strategic changes to the investment lineups for the 401(a) DC Retirement Board and the 457(b) Advisory Committee, including evaluation and recommendation of appropriate investment benchmarks. The firm is also expected to serve in a co-fiduciary capacity for the plans and/or participants, helping ensure plan structures remain aligned with applicable industry regulations.

Additional responsibilities include providing proactive guidance on legislative and regulatory changes affecting municipal retirement plans, reviewing recordkeeper fee structures, leading fee negotiations, supporting formal recordkeeper solicitations or selections when needed, and coordinating implementation of approved fund or plan changes with staff and the recordkeeper. Questions are due by July 21, 2026, and the contract term is one year.

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Frequently asked questions

When is the submission deadline?: Submissions are due August 7, 2026. Questions must be submitted by July 21, 2026.
Who issued this RFP?: It was issued by Metro Water Recovery. The work is located in Denver, Colorado, United States.
Who is a good fit for this opportunity?: Registered investment advisory firm with public-sector retirement plan expertise
Experience advising 401(a), 457(b), or other defined contribution plans
Capability to serve as co-fiduciary and provide regulatory compliance guidance
Strong track record in investment performance reporting and benchmark analysis
Experience negotiating recordkeeper fees and supporting provider solicitations
Familiarity with municipal or governmental retirement plan governance structures

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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