Request for Proposals for Actuarial Audit Services (Review of Pension Actuary)
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Description
EMPLOYEESRETIREMENT SYSTEM OF TEXAS REQUEST FORPROPOSALS FOR ACTUARIAL AUDIT SERVICES (Review ofPension Actuary) SOLICITATIONNO. 26-15352-001 NIGP CODE: 94612and 94620 The Employees Retirement System of Texas (ERS) has issued a Requestfor Proposals (RFP) seeking a qualified firm (Respondent) to provide actuarialaudit services to review the work of ERS’ pension actuary. Respondent shallprovide the level of services required in the RFP and meet other requirementsthat are in the best interests of ERS, its members, and the state of Texas(State). Respondent shall be required to execute a contract (Contract) providedby, and satisfactory to, ERS for a period that begins upon execution of theContract by ERS and the Services are anticipated to extend through May 31, 2028,subject to the terms of the Contract. The Contract Term, however, is throughJune 30, 2029, to account for the potential service of testifying before theTexas Legislature. It is anticipated the Contract will be executed in July2027. Questions will be accepted via Euna Procurement (formerly,“Bonfire”) until November 16, 2026 at 4:00 p.m. Central Time (CT) .Answers to questions will be posted to Euna Procurement and ESBD on the datespecified in RFP Section A.4. To be eligible for consideration, Respondent is required to submit itsresponse to the RFP (Proposal) in accordance with the instructions set forth inthe RFP. Respondents must meet the Minimum Requirements set forth in Section Bof the Respondent Questionnaire ( Appendix G ). All Proposal materialsshall be received by ERS via Euna Procurement no later than January13, 2027 at 10:00 a.m. CT . To download the RFP, submit questions, and/or submit a Proposal ,prospective Respondents must first create a profile in Euna Procurement ( ERS’ e-procurement portal located at erstexas.bonfirehub.com ) ,which operates best on the latest versions of Microsoft Edge, Google Chrome,and Mozilla Firefox. Browser cookies must be enabled when accessing EunaProcurement. Note tha…