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Department of Retirement Systems

DRAFT Sole Source Contract 25-02, CEM Benchmarking Inc.

Solicitation: DRS 25-02
See solicitation DRS 25-02 →
Notice ID: b6153cf8ddc9f4ca053d541bfdff250f
Department • Department of Retirement SystemsState • WAPosted • Jun 11, 2025, 12:00 AM UTCDue • Jun 27, 2025, 06:59 AM UTC• Expired

Federal opportunity from Department of Retirement Systems. Place of performance: WA. Response deadline: Jun 27, 2025.

Department hubState hubSolicitation hub

Market snapshot

Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).

Market trends →Awards →
12-month awarded value
$68,699,272,131
Sector total $68,699,272,131 • Share 100.0%
Live
Median
$253,715
P10–P90
$29,763–$10,909,709
Volatility
Volatile200%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+100%($68,699,272,131)
Deal sizing
$253,715 median
Use as a pricing centerline.
Live signal is computed from awarded notices already observed in the system.
Department trendsDepartmentWA state hubAll trendsAwards
Signals shown are descriptive of observed awards; not a forecast.

Related hubs & trends

Navigate the lattice: hubs for browsing, trends for pricing signals.

Solicitation DRS 25-02State WADepartmentDepartment trends
We write these bids →
Open on official portal →
Live POP
Place of performance
Washington
Contracting office
Not listed

Point of Contact

Name
Wendy Kancianich
Email
Wendy.Kancianich@drs.wa.gov
Phone
(360) 664-7231
Name
Wendy Kancianich
Email
Wendy.Kancianich@drs.wa.gov
Phone
(360) 664-7231

Agency & Office

Department
Department of Retirement Systems
Agency
Not available
Subagency
Not available
Office
Not available
Contracting Office Address
Not available

Description

The Department of Retirement Systems (DRS) contemplates awarding a sole source contract to CEM Benchmarking, Inc. to provide independent public pension administration benchmarking. Independent public pension administration benchmarking provides the Department of Retirement Systems with extensive performance, cost and best-practice information. That information is a core component of the agency’s performance measurement and continuous improvement efforts.

Files

Files size/type shown when available.

Draft Sole Source Contract_25-02.pdf
PDFapplication/pdf—
Download →
DRSSoleSourceContractJustification.pdf
PDFapplication/pdf—
Download →
CEM Benchmarking_SoleSourceLegalNotice .pdf
PDFapplication/pdf—
Download →

BidPulsar Analysis

A practical, capture-style breakdown of fit, requirements, risks, and next steps.

Analysis is being generated for this notice. Check back shortly.

FAQ

How do I use the Market Snapshot?

It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.

Is the data live?

The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.

What do P10 and P90 mean?

P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.