ESBD_389160_1736366947476_ESBD Notice of Publish - Actuarial Audit Services RFP.docx

EMPLOYEES RETIREMENT SYSTEM OF TEXAS

REQUEST FOR PROPOSALS FOR ACTUARIAL AUDIT SERVICES

SOLICITATION NO. 24-19173-001

NIGP CODE: 946-12, 946-20

The Employees Retirement System of Texas (ERS) has issued a Request for Proposals (RFP) seeking a qualified firm (Respondent) to provide actuarial audit services to review the work of ERS’ insurance actuary. Respondent shall provide the level of services required in the RFP and meet other requirements that are in the best interests of ERS, its members, and the state of Texas (State). Respondent shall be required to execute a contract (Contract) provided by, and satisfactory to, ERS for a period that begins upon execution of the Contract by ERS and is anticipated to extend through May 31, 2027, subject to the terms of the Contract. It is anticipated the Contract will be executed in July 2025.

To download the RFP, submit questions, and/or a Proposal, prospective Respondents must first create a profile in Bonfire (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 Bonfire. Note that Respondent’s primary contact must create a Bonfire profile (with the actual contact person’s email address) and download the RFP documents in order to send and receive messages via Bonfire.

Questions will be accepted via Bonfire until January 22, 2025 at 4:00 p.m. Central Time (CT). Answers to questions will be posted to Bonfire and ESBD on the date specified in RFP Section A.4.

To be eligible for consideration, Respondent is required to submit its Proposal in accordance with the instructions set forth in the RFP. Respondents must meet the Minimum Requirements set forth in Section B of the Respondent Questionnaire (Appendix G). All Proposal materials shall be received by ERS via Bonfire no later than February 20, 2025 at 10:00 a.m. CT.

ERS reserves the right to rebid the RFP if deemed by ERS to be in the best interests of ERS, its members, and/or the State. ERS also reserves the right to reject any Proposal submitted that does not fully comply with the RFP’s instructions and criteria. ERS is under no legal requirement to execute a Contract on the basis of this notice or upon issuance of the RFP and will not pay any costs incurred by any Respondent in connection with the preparation of a Proposal. ERS also reserves the right to revise any provisions set forth in the RFP at any time prior to execution of a Contract where ERS deems it to be in the best interests of ERS, its members, and/or the State.

Any general questions should be sent to ERS’ point of contact, David Torres, Procurement Specialist, via Bonfire or ivendorquestions@ers.texas.gov. ERS’ mailing address is P.O. Box 13207, Austin, Texas 78711-3207.