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Request for Proposal (RFP) for Internal Revenue Code Section 115 Trust Administration

Request for Proposals. The Carmel Area Wastewater District (CAWD or "District") is soliciting proposals from qualified firms who offer Internal Revenue Service (IRS) Code Section 115 Retirement Trust (hereinafter referred to as "Trust") services to California local government agencies. The services anticipated to be provided by the firm include the establishment and ongoing fiduciary investment advice for a Trust(s) for pension and potentially other eligible expenses.

To be considered, one printed copy or one electronic copy of the technical proposal including fees and fee structure be received by the Carmel Area Wastewater District by 5:00 p.m. on December 21, 2020.

Printed proposals are to be mailed or delivered in person to: Carmel Area Wastewater District, Attention: Barbara Buikema, General Manager, 3945 Rio Road, Carmel, CA 93922 

Electronic proposals are to be emailed to downstream@cawd.org. The District reserves the right without prejudice to reject any or all proposals submitted.

Late proposals will not be considered. 

It is anticipated that selection of a firm will be completed by late December 2020 and that a contract will be considered by the Board of Directors at a meeting in January 2021. 

Section 115 Trust - RFP.pdf
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