South Carolina Bids > Bid Detail

403(b) Record Keeping Products Provider and Management Solution ADDENDUM 2

Agency: Clemson University
Level of Government: State & Local
Category:
  • D - Automatic Data Processing and Telecommunication Services
Opps ID: NBD15748400523227045
Posted Date: Oct 7, 2022
Due Date: Oct 28, 2022
Solicitation No: 158977975
Source: https://clemson.ionwave.net/Pu...

Bid Information



Type
SQST Request for Proposal
Status
Issued
Number
158977975 Addendum 3 (403(b) Record Keeping Products Provider and Management Solution)
Issue Date & Time
8/3/2022 03:47:06 PM (ET)
Close Date & Time
10/28/2022 02:00:00 PM (ET)
Time Left 20 days 19 hours 8 minutes 54 seconds
Notes
ADDENDUM 3 - to extend the bid closing date to allow for increased supplier competition.




ADDENDUM 2 - To provide supplier submitted questions and answers with question #39's answer revised This document is located in this online bidding system under the Attachments tab and includes "Addendum 2" in the document title.




Addendum 1 - To provide supplier submitted questions and answers. This document and its supporting documents are located in this online bidding system under the Attachments tab and includes "Addendum 1" in the document titles.




Clemson University seeks an experienced provider to 403(b) Record Keeping Products Provider and Management Solution as outlined in the attached Specifications or Scope of Work under "Attachments" section. No red lines to the contract will be accepted during the submission process. If there are terms you cannot agree to or wish to have changed you must request that by submitting a question or request for modification to the scope to the Procurement Officer during the Deadlines for Question process and Clemson will consider changes. However to ensure all offerors offer the same scope, redlines or caveats put on any proposal may make your proposal non-responsive and not able to be considered. In order to submit an offer, you must first register/login to Clemson Bidding at https://clemson.ionwave.net/VendorRegistration.aspx Registration is recommended no later than 48 hours prior to bid close. It is highly encouraged that you submit your bid prior to the closing date.

Contact Information
Name
April Pitts
Address
391 College Avenue, Suite 203
Clemson, SC 29634
Phone
(864) 656-1773
Fax
(864) 656-2394
Email
apitts@clemson.edu




Bid Documents






Document name Format

Bid Invitation (please login to view this document)

Acrobat / PDF


Bid Attachments



















File Name Description File Size

ADDENDUM 2 - Supplier Submitted Questions and Answers Corrected- 158977975.pdf
ADDENDUM 2 - See attached Supplier submitted questions and answers with revised answer to question #39. 481 KB

ADDENDUM 1 - Supplier Submitted Questions and Answers - 158977975.pdf
Addendum 1 - Supplier submitted questions with answers. 416 KB

Addendum 1 - Question 10 -American Funds - Participant Investment Disclosure.pdf
Addendum 1 - Supporting document for Question 10 of supplier submitted questions and answers. 1.46 MB

Addendum 1 - Question 10 -Equitable - Plan Balance Report.pdf
Addendum 1 - Supporting document for Question 10 of supplier submitted questions and answers. 95 KB

Addendum 1 - Question 10 -Fidelity - Market Value Report.pdf
Addendum 1 - Supporting document for Question 10 of supplier submitted questions and answers. 3.85 MB

Addendum 1 - Question 10 -TIAA - Schedule of Assets Held for Investment.pdf
Addendum 1 - Supporting document for Question 10 of supplier submitted questions and answers. 8 KB

Addendum 1 - Question 10 -Voya - Participant Fee Disclosure.pdf
Addendum 1 - Supporting document for Question 10 of supplier submitted questions and answers. 509 KB

Addendum 1 - Question 76 Supporting Documentation - 158977975.pdf
Addendum 1 - Supporting document for Question 76 of supplier submitted questions and answers. 1.12 MB

Scope of Work - 158977975.pdf
See attached Scope of Work 219 KB

Technical Proposal - 158977975.xlsx
See attached Technical Proposal – 158977975.xlsx, Offerors must complete this document and include with proposal submission. Failure to do so may result in the rejection of your offer. 40 KB

Financial Proposal - 158977975.xlsx
See attached Financial Proposal – 158977975.xlsx,Offerors must complete this document and include with proposal submission. Failure to do so may result in the rejection of your offer. 32 KB

Clemson University Standard Bidding Terms effective November 15, 2020.pdf
Standard Bidding Terms 261 KB

IMPORTANT TAX NOTICE.doc
Withholding Requirements for Payments to Nonresidents. 29 KB

Clemson University Standard Terms of Purchase effective November 15, 2020.pdf
Standard Terms of Purchase 331 KB



Bid Questions
















Question
Item C under the Web Accessibility states (c) Contractor shall: (i) upon request, provide the University with its accessibility testing results and written documentation verifying accessibility; (ii) promptly respond to and resolve accessibility complaints and (iii) indemnify and hold the University harmless in the event of claims arising from inaccessibility
Can your clarify that inaccessibility in the second sentence of section D means material inaccessibility?

Also can you clarify that complaints in section C ii are complaints related to the web services listed in the record keeping agreement?

Furthermore can you clarify that there is only one accessibility audit required?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 04:29:40 PM (ET)


Question
The question pertains to the document titled ‘Clemson University Standard Terms of Purchase – Revision F Effective November 15, 2020’, under ‘Warranty Standard, Warranties’

Would Clemson be willing to discuss and negotiate these provisions as they relate to the recordkeeping services with the winning bidder(s)?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:20:40 PM (ET)


Question
The question pertains to the document titled ‘Clemson University Standard Terms of Purchase – Revision F Effective November 15, 2020’, under ‘Intellectual Property Infringement, Intellectual Property Use, Ownership of Data & Materials, Publicity ‘

If awarded a successful contract with Clemson, would you agree to discuss and negotiate these provisions as they relate to the recordkeeping services that the record keeper would be providing?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:20:30 PM (ET)


Question
The question pertains to the document titled ‘Clemson University Standard Terms of Purchase – Revision F Effective November 15, 2020’, under ‘Contract Documents & Order of Precedence’

Please clarify the use of ‘Record of Negotiations’. Currently there is a Record Keeping Services Agreement (RKSA) between Clemson University and service provider. Do you envision the terms in the RKSA to be further adjusted and finally agreed to by the parties in connection with this solicitation? Would you also agree that where the Record of Negotiations and the Standard Terms of Purchase cover the same subject matter (e.g., subcontracting, pricing, indemnification, termination, contracted services, force majeure), the terms of the Record of Negotiations shall exclusively control?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:20:08 PM (ET)


Question
As a current provider, we meet with employees to provide financial education and advice. This includes wealth management services in and out of the plan.
Under the section ‘Confidentiality, Restrictions on Presenting Terms of Use or Offering Additional Services, Contract Limitations', Would Clemson agree that we can continue to use plan data, in accordance with our standard approach and policy, to:(i) provide contracted services (ii) answer participant inquiries, follow participant direction, and respond to participant needs reasonably identified during the provision of contracted services concerning non-plan financial products and services (iii) solicit the consent of participants to receive information about non-plan financial products and services (iv) perform data analysis,management reporting,fraud prevention and other activities and operations that are ancillary to the provision or improvement of contracted services (v)provide generalized advertising and brand marketing.
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:20:03 PM (ET)


Question
The question pertains to the document titled ‘Clemson University Standard Terms of Purchase – Revision F Effective November 15, 2020’ , under the section titled, ‘Data Security and Reports, Family Educational Rights and Privacy Act (FERPA), GDPR Compliance.

Can you clarify that these provisions are not applicable to the recordkeeping services. Do you agree to “if applicable” qualifier?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:14:41 PM (ET)


Question
The question pertains to the document titled ‘Clemson University Standard Terms of Purchase – Revision F Effective November 15, 2020’ , under the section titled ‘Software Upgrades and Enhancements, Software Maintenance and Support Services, Warranty Standard’

The current software that as a record keeper we utilize is OmniPlus, which is leased from FIS (Formerly Sungard). OmniPlus, while not proprietary, is utilized by several prominent record keepers in the industry, and is well known in retirement plan record keeping. If a bidder were to win the RFP contract, would you agree to discuss and negotiate software-related provisions (including related warranties) as applicable to our recordkeeping platform, with the understanding that the record keeper can only pass along those warranties we have been provided?
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 03:14:25 PM (ET)


Question
Modifications Request to Clemson University Standard Terms of Purchase

SOFTWARE UPGRADES AND ENHANCEMENTS: Voya respectfully requests this provision be revised as follows -
SOFTWARE UPGRADES AND ENHANCEMENTS: Contractor shall at no additional cost provide access to: (i) updated versions of the software to operate on upgraded versions of operating systems (ii) updated versions of the software that encompass improvements, extensions, maintenance updates, error corrections, or other changes that are logical improvements or extensions of the original software made available to University; and (iii) interface modules that are developed by Contractor for interfacing the software to other software products.

Explanation for requested modifications:
Voya’s software/hardware is not provided to clients even if Voya were to build a certain area of functionality for Clemson University specifically. Accordingly Voya requests Software Upgrades and Enhancement provision be modified.
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 01:16:46 PM (ET)


Question
Modifications Request to Clemson University Standard Terms of Purchase

INTELLECTUAL PROPERTY USE: Voya respectfully requests this provision be revised as follows - This software/hardware to which the University may be provided access to may be used by the University for academic, research and development, or commercial purposes.

Explanation for requested modifications:
Voya’s software/hardware is not provided to clients even if Voya were to build a certain area of functionality for Clemson University specifically. Accordingly Voya requests the Intellectual Property Use and Software Upgrades and Enhancements provisions be modified as shown.
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 01:11:50 PM (ET)


Question
Modifications Request to Clemson University Standard Terms of Purchase

INSURANCE: Voya respectfully requests the last sentence of paragraph (e) and paragraph (k) be stricken.

Explanation for requested modifications:
(e) Voya has deemed its insurance policies as confidential information and thus not subject to disclosure. However Voya will furnish Clemson University with certificates of coverage should Clemson University select Voya as a finalist. Accordingly, we respectfully request the last sentence of provision (e) be stricken.
(k) Voya cannot allow an individual client to approve or recommend a change to the deductibles or retentions applicable, given that our policies apply to all clients. Accordingly, we respectfully request provision (k) be stricken.
Answer See the Q&A document and any supporting documents in ADDENDUM 1 located under the attachments tab in this online bidding system.
Submitted 8/17/2022 01:07:09 PM (ET)

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