How to bid on College Savings Consulting Services for Washington Student Achievement Council

What the agency is buying and why it matters

The Washington Student Achievement Council is looking for a firm to evaluate their GET 529 Prepaid Tuition Plan. The goal is to determine if this plan can be considered Shariah-compliant for Muslim families who want to save for higher education expenses.

This opportunity is for firms that can provide expertise in Islamic finance, Shariah compliance, investment analysis, or higher education savings programs. Your work would help the state understand if their existing savings plan meets specific religious financial guidelines.

Key dates and what happens at the deadline

The deadline to respond to this solicitation is October 21, 2026, at 8:00 PM ET. All responses must be submitted by this time.

After the deadline, the Washington Student Achievement Council will review the submitted proposals to select a qualified firm for this consulting service.

Who this opportunity suits

This opportunity is suitable for professional services firms with specialized knowledge. Specifically, firms with experience in Islamic finance, Shariah compliance, investment analysis, or the structure of higher education savings programs will be a good fit.

The work falls under the professional services category, requiring a deep understanding of both financial products and religious financial principles.

How to respond to this solicitation

To access the solicitation, click on the "View original source" link. This will take you to Washington State's WEBS Bid Calendar. Use the reference number 27RQ002 to find this specific bid on the calendar.

While you can view the solicitation details publicly, downloading the full documents and submitting your response requires a free WEBS vendor sign-in. Make sure to register for an account and submit your proposal before the stated deadline.

Tips for preparing a competitive response

Clearly demonstrate your firm's specific expertise in Islamic finance and Shariah compliance. Provide examples of past work or qualifications that show your understanding of these complex areas.

Outline your proposed methodology for evaluating the GET 529 plan. Explain how you will assess its compliance with Shariah principles and what criteria you will use. Highlight any experience you have with 529 plans or similar higher education savings programs.

Ensure your proposal is well-organized, concise, and directly addresses all requirements mentioned in the solicitation. Proofread carefully to avoid any errors.