ESBD_485034_1771880736277_RFP 240h CPA Services for TTSTC (Add1).docx

This is an addendum to the Request for Proposals (RFP) No. 240h issued by the Texas Comptroller of Public Accounts on behalf of the Texas Treasury Safekeeping Trust Company for professional certified public accounting services. The Texas Treasury Safekeeping Trust Company manages approximately $167 billion in funds for approximately forty state and local governmental clients. The services requested include financial statement audits and policy compliance attestation services for the Trust Company, Tobacco Settlement Permanent Trust Account, TexPool, TexPool Prime, and State Water Implementation Fund for Texas (SWIFT). Respondents must be licensed to practice public accountancy in Texas, in good standing with the State Board of Public Accountancy and the Public Company Accounting Oversight Board, and possess expert knowledge in auditing trusts, custodians, and investment managers. The contractor must perform audits covering fiscal year 2026 (September 1, 2025, through August 31, 2026) for the Trust Company, TexPool, TexPool Prime, and SWIFT, with calendar year 2026 audits for the Tobacco Fund. The deadline for submission of questions is February 4, 2026, at 2:00 PM Central Time, with proposals due March 11, 2026, at 2:00 PM Central Time. Services commence July 1, 2026, with reporting deadlines between July 2026 and March 2027. The initial contract term runs from July 1, 2026, through June 30, 2027, with four optional one-year renewal periods exercisable at the Trust Company's discretion through June 30, 2031.

Evaluation criteria allocate 85 percent to demonstrated competence, qualifications, and past performance (30 percent for proposed personnel experience, 25 percent for work plan and methodology, and 30 percent for overall qualifications and experience) and 15 percent to reasonableness of the proposed fee. The contract requires a firm fixed price proposal covering all costs and expenses, with pricing submitted on a standardized price sheet. Respondents must complete a Historically Underutilized Businesses (HUB) Subcontracting Plan identifying subcontracting intentions and the percentage of work to be awarded to Texas-certified HUB vendors in accordance with 34 TAC 20.285 and Texas Government Code Chapter 2161. Additionally, respondents must complete a Veteran Heroes United in Business Subcontracting Plan, provide criminal conviction certifications, execute nondisclosure agreements, and disclose any conflicts of interest. The contractor must obtain and maintain minimum insurance coverage including $1,000,000 per occurrence commercial general liability, $1,000,000 per occurrence professional liability, and standard workers' compensation insurance. The contract incorporates extensive data safeguard standards and cybersecurity requirements under the CPA Data Safeguard Standards, including encryption standards, security incident notification procedures, and artificial intelligence usage restrictions. No specific award value or budget range is disclosed in the RFP documents.