Awarded vendors
- Dahab Associates, Inc.
Description
The contract is for Section 457 Deferred Compensation/Other Post-Employment Benefits Trust Fund Investment Consultant Services. The scope of services includes quarterly evaluation of the performance and cost of investment options, as well as general consultation services regarding investment issues. The contract has a term of three years, with the option to renew for two additional one-year terms. The vendor is required to maintain certain types of insurance coverage and to comply with various laws and regulations, including those related to public records and employment eligibility. The contract also includes provisions for contract claims, price escalation, and termination. Key points to consider when evaluating this contract include the scope of services, the term and renewal options, the insurance requirements, and the compliance requirements. Some of the key benefits of this contract include the provision of expert investment consulting services, the potential for cost savings through effective investment management, and the protection of the county's interests through the insurance requirements and compliance provisions. However, there are also potential drawbacks to consider, such as the potential for conflicts of interest and the need for careful management of the contract to ensure compliance with all requirements.