INVITATION TO NEGOTIATE
The State Board of Administration (SBA) announces an Invitation to Negotiate (ITN) to solicit responses from any interested firm in being considered for post-retirement annuity or income solutions for the Florida Retirement System Investment Plan. The selected annuity products will be available to Plan retirees as a distribution option for all or an elected portion of their Investment Plan account balance upon termination of service or such later date as selected by the Plan’s retirees.
The ITN will be available on Monday, February 3, 2014 and can found on the SBA’s website at www.sbafla.com under “Doing Business with the SBA.” Responses will be due no later than 5:00 PM, ET, on Monday, March 3, 2014. The SBA reserves the right to reject any and all responses and to cancel the above ITN at any time. The SBA announces the following meeting dates, times, and locations with respect to this ITN, and all meetings are open to the public.
DATE: Friday, March 21, 2014
TIME: 9:00 a.m. – until the conclusion of business
LOCATION: Emerald Coast Room (6th Floor), 1801 Hermitage Blvd., Tallahassee, Florida
GENERAL SUBJECT MATTER TO BE CONSIDERED: To discuss the responses received concerning the above ITN, and to designate short-listed respondents for interviews, if necessary, and further consideration.
DATE: Monday, March 24 through Friday, March 28, 2014
TIME: To Be Determined. Exact times will be posted on the website.
LOCATION: To Be Determined. Exact locations will be posted on the website.
GENRAL SUBJECT MATTER TO BE CONSIDERED: To conduct interviews with the short-listed respondents, if necessary.
DATE: Friday, April 4, 2014
TIME: 9:00 a.m. – until conclusion of business
LOCATION: Emerald Coast Room (6th Floor), 1801 Hermitage Blvd., Tallahassee, Florida
GENERAL SUBJECT MATTER TO BE CONSIDERED: To discuss responses received and all other information gathered concerning the above ITN to determine a final ranking of short-listed respondents and to recommend to the Executive Director that the SBA enter into an agreement with a respondent to provide post-retirement annuity or income solutions covered in the above ITN.
Any changes to the above meeting dates and/or times (including the cancellation of any meeting) will be posted on the SBA’s website at http://www.sbafla.com at least 7 days prior to the meeting.
Anyone requiring special accommodations to participate in any meeting or anyone wishing further information should contact Cindy Morea at 413-1491 or by mail at 1801 Hermitage Blvd., Suite 100, Tallahassee, Florida 32308.
