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  5. ›RFP 0501-26 Pension Invest

City of Falls Church·Virginia

RFP 0501-26 Pension Invest

Closes 7/21/2026$200k – $500kRequest for Proposal
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Description

The City of Falls Church is seeking a consulting firm to provide defined‑benefits and contribution retirement plan services, including post‑employment benefits consulting. The scope covers analysis of existing retirement plan structures, development of strategy recommendations, and ongoing advisory support to ensure compliance and optimal plan performance. This effort will support the city’s fiduciary responsibilities and enhance retirement benefits for municipal employees. • Conduct a comprehensive review of current defined‑benefit and contribution plans. • Develop recommendations for plan design, funding, and administration improvements. • Provide ongoing advisory services and documentation to meet regulatory and fiduciary standards. • Deliver final reports and presentations to city officials and relevant stakeholders. • Coordinate with the city’s procurement portal for submission of all required documentation.

Attached files

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Contact

Cordell Myers

Key dates

Opened
6/16/2026
Closes
7/21/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541612
Solicitation №
RFP-122501

Budget estimate

$200,000 – $500,000

Based on typical municipal consulting contracts for pension and benefits advisory services, a mid‑size consulting firm would likely receive a contract in the low‑to‑mid six‑figure range. Assuming a project scope that includes plan analysis, recommendation development, and several months of advisory support, an estimate of $200,000–$500,000 is reasonable. Factors influencing the amount include the depth of actuarial work required, the number of employee plans covered, and the duration of ongoing advisory services.

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