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Washington Saves Releases Request for Proposal (RFP)

August 13, 2025
Program Seeks Program Consultant for a New Retirement Savings Program

Washington Saves is hiring a consultant to help design and launch our new retirement savings program. We’re looking for a firm or team that can support the program with: 

  • Program Development: Helping shape the overall structure of the program and planning our rollout over the next few years.
  • Policy & Regulations: Reviewing laws / federal guidance and helping staff draft rules and policies to ensure legal compliance.
  • Vendor Procurement: Assisting in writing and evaluating RFPs for key services like investment management and program administration.
  • Market & Industry Research: Keeping staff and the Governing Board informed on how other state programs are operating so we can learn from and align with best practices.
  • Board & Governance Support: Helping build effective governance structures and providing training and guidance for our Governing Board. 

This is a broad, strategic role to help launch a new public program from the ground up. Tasks will vary over time as we move from planning to implementation. 

To review the RFP, visit  https://pr-webs-vendor.des.wa.gov/BidCalendar.aspx , select “Financial Institutions, Department of” from the drop-down menu. Registration is required to download the full RFP. 

For more information, please contact the Procurement Coordinator, Jonathan Hererra at wasaves@dfi.wa.gov.  

Summary of key dates 

  • Deadline for Submitting Bids: October 15, 2025
  • Competitive Solicitation Posted: August 13, 2025
  • Pre-bid conference: August 27, 2025 at 10:30 am
  • Question-and-answer period:
    • Question due date: October 8, 2025;
    • Posting date: Oct. 10, 2025.
    • Submit questions or concerns about this solicitation in writing to the Procurement Coordinator: Jonathan Herrera at wasaves@dfi.wa.gov.