Requests For Proposals
FINANCIAL STATEMENT AUDIT SERVICES-#DCFS21-04
Proposal Due Date: March 19, 2021 at 5:00 PM PST
The City of Los Angeles Fire & Police Pensions (“LAFPP” or “Plan”) is seeking proposals from qualified certified public accounting firms to conduct annual audits of LAFPP’s financial statements for the fiscal years ending June 30, 2021, 2022, and 2023. Firms submitting proposals must have previous experience in auditing large Public Pension/Retirement Systems with at least $5 billion in plan net assets. LAFPP intends to award a three-year contract with a maximum fee proposal for each fiscal year.
The State of California requires all California Public Retirement Systems to furnish audited financial statements to the State Controller annually under Sections 7501-7504 of the Government Code. Audited financial statements are also required under the City of Los Angeles Charter Section 362.
To assist your firm in estimating the level of effort required to render an opinion on the compliance requirements, the Minimum Audit Requirements and Reporting Guidelines for Public Retirement Systems issued by the State of California Controller’s Office are available at https://sco.ca.gov/Files-ARD-Local/LocRep/retirement_audreqs.pdf
HEALTH CONSULTING SERVICES – #DCFS21-03
Proposal Due Date: February 12, 2021 at 5:00 PM PST
The Board of Commissioners (the Board) of the City of Los Angeles Department of Fire and Police Pensions (LAFPP) is issuing this Request for Proposals (RFP) for a retiree health benefits consulting firm to assist in the administration of the retiree health care program and oversight of medical and dental plan administration and subsidies for approximately 13,000 retired members and beneficiaries.
Proposers must have qualifications and experience advising public employers or public retirement systems on health and welfare issues, including contract negotiations of annual premium rates and benefit designs with health plan carriers, to successfully perform the required services described herein.
Resources
Review the Business Assistance Virtual Network (BAVN) site for more information on doing business with the City of Los Angeles
Review the Contractor Disclosure Policy and Schedule
2020-21 Contractor Disclosure Filing Schedule
Contract Disclosure – Reporting Form
Contractor Disclosure Reporting Form
Review the Standard Provisions for City Contracts