NOTICE OF BID OPPORTUNITY

Competitive Solicitation WSGB 2027-01

Washington Saves Program Administration and Investment Management

COMPETITIVE SOLICITATION POSTING: August 24, 2026

DEADLINE FOR SUBMITTING BIDS: October 9, 2026 

The Washington State Governing Board is seeking proposals from qualified bidders to provide Program Administration and Investment Management Services as it prepares to implement Washington’s new retirement savings program. Washington Saves is scheduled to open in July 2027 and will provide workers who do not have access to a workplace retirement plan with a simple way to save for retirement through payroll deduction.

Qualified bidder(s) may submit proposals for:

1. Program Administrative Services, including recordkeeping, IRA administration and custody, customer service, website and platform operations, reporting, data security, compliance support, and marketing and communications support.
2. Investment Management Services, or
3. Integrated Program Administration and Investment Management Services.

To review the RFP, visit WEBS at https://pr-webs-vendor.des.wa.gov/BidCalendar.aspx and select “Washington Saves Governing Board” from the drop-down menu. Registration is required to download the full RFP.

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

Key Dates for the RFP​​

• Deadline for Submitting Bids: October 9, 2026  

• Competitive Solicitation Posted: August 24, 2026 

• Pre-Bid Conference: September 1, 2026 at 10:00 a.m. (PT) 

• Requested Notice of Intent to Submit: September 3, 2026 

• Question-and-Answer Period 

• Question due date: September 15, 2026 

• Anticipated Posting of Answers: September 23, 2026 

• Questions or concerns about the solicitation must be submitted in writing to the Procurement Coordinator at info@wasaves.wa.gov.