CITY OF OAKLAND REQUEST FOR PROPOSAL (RFP) FOR ANNUITY CONSULTANT FOR THE OAKLAND POLICE AND FIRE RETIREMENT SYSTEM Contract Amount: TBD Terms: 1 Year Project Description: This Request for Proposal (RFP) is being issued by the City of Oakland, Office of the Finance Department. The Oakland Police and Fire Retirement Board is seeking a qualified consultant to research and provide the pros and cons of annuities for the PFRS members, provide consulting services to the PFRS Board, identify and evaluate qualified insurance carriers who offer annuity products, prepare the necessary documentation to solicit the information required, and make recommendations to the Board. Voluntary Pre-Proposal Meeting: Tuesday, May 26, 2026, at 2:00 p.m., PT via Microsoft Teams at https://shorturl.at/Px32e Meeting ID: 270 461 933 620 401 Passcode: z8BE9b8N +1 925-326-7518 | Phone conference ID: 682 890 576# Proposal Submittal Deadline: Friday, June 12, 2026, by 2:00 p.m. PT via iSupplier. Reminders: All who wish to participate in this RFP must register (at least 5 days prior to submittal due date) through iSupplier at (https://www.oaklandca.gov/services/register-with-isupplier) to avoid last minute submittal complications and receive addenda/updates on this RFP. For additional help registering and submitting your proposal to iSupplier please watch the user guide videos at (https://www.oaklandca.gov/documents/isupplier-user-guides). Did not receive an invitation? Start Early with iSupplier registration. Upon completion of registration, send an email to iSupplier@oaklandca.gov listing "RFP for Annuity Consultant for the Oakland Police and Fire Retirement System" as the subject and request an invitation to the RFP. The Contract Analyst will add your business to the RFP invitation. The following policies apply to this RFP: Equal Benefits 0% L/SLBE Living Wage Campaign Reform Act Professional Services Local Hire Prompt Payment Arizona Boycott Dispute Disclosure Border Wall Prohibition Sanctuary City Contracting and Investment Ordinance. Answers to Questions: 1. For project-related questions contact Con- tract Administration at contractadmin@ oaklandca.gov 2. For iSupplier related questions after regis- tration contact iSupplier@oaklandca.gov Asha Reed, City Clerk and Clerk of the City Council, Friday, May 15, 2026 The City Council reserves the right to reject all proposals. OT 6968612; May 15, 2026