ESBD_512923_1779376919181_TRS000660_Solicitation_Addendum_1_Final.pdf

Teacher Retirement System of Texas (TRS)

Addendum Number: 1

To

Request for Proposals (“RFP”) Solicitation Name: [Private Markets Technical Services]

Solicitation Number: TRS000660

Purpose: This Addendum is issued to provide vendors with the Pre-Proposal Conference attendance list, Procurement And Vendor E-System (PAVES) Overview Power Point Presentation (as a separate document), and VetHUB No Opportunities Power Point Presentation (as a separate document). Also, to provide answers to questions submitted by vendors.

Issued By:

[Noah Kellum, Contract Specialist] Date: 5/21/2026

NOTE: VENDORS ARE REQUESTED TO ACKNOWLEDGE RECEIPT OF THIS ADDENDUM BY SIGNING

AND DATING BELOW AND INCLUDING WITH SUBMITTED RESPONSE. RESPONSE MAY BE

CONSIDERED NON-RESPONSIVE IF THIS COVER PAGE IS NOT SIGNED AND RETURNED.

Respondent Signature Date

Pre-Proposal Conference Date: May 14, 2026, at 2:00 p.m., Central Time Conference held via Microsoft Teams Meeting

Names of TRS Staff and Vendor representatives that attended the Pre-Proposal Conference are listed below:

TRS Panel Members Procurement & Contracts Aundre Petty, Contracts Specialist Procurement & Contracts Blender Hill, HUB Coordinator

Internal Audit Division Amanda Jenami, Chief Audit Executive Internal Audit Division Jonathan O’Reilly, Business Intelligence Director Internal Audit Division Arby Gonzales, Operations Audit Director

Vendor Participants Pitchbook Matt Dubin

[Responses to Submitted Questions will appear on the next page]

Submitted Questions and TRS’ Response

Below is a list of questions submitted during the Question and Answer period and TRS’ response.

# Submitted Question TRS Response

1. Can someone besides the main POC submit the proposal via PAVES?

Yes. The person submitting the proposal must have access to PAVES.

2. Can you provide clarity on the order form pricing structure and best practices for filling in the pricing table?

What we are looking for is your proposed price per user.

If there are columns that do not apply to your pricing scheme, you may put N/A.

3. For client references, does it exclusively have to be state governments, and does it have to be clients we've personally worked with?

State government client references are preferred.

Respondents should have performed services for all client references.

4. When listing experience with similar clients, is it mandatory we list contract date and contract amounts?

Yes.

5. Will option years be a part of the pricing schema or will each year have a fixed rate?

The contract term will be an initial 5-year term, with zero renewal options. Please propose pricing for each of the 5 years.

6. Can you explain the TX-RAMP certification process and requirements?

To find TX-RAMP Eligibility and Requirements, please use this link https://dir.texas.gov/information-security/texas-risk-and-authorization-management-program-tx-ramp/tx-ramp-eligibility

7. How long will the minimum qualification period take?

TRS cannot answer the question at this time.

8. Will TRS issue an Addendum after the pre-proposal conference summarizing today's discussion, and approximately when should we expect it?

Addendum 1 will be posted no later than 5/22.

9. Is the June 4, 2026, proposal deadline firm, or is the “TBD” notation in the schedule of events signaling a possible adjustment?

The deadline for submission of proposals is June 4, 2026, at 3 pm CST. The Presentation/Demonstration Round, if applicable, is TBD.

10. Beyond the May 18 written-question deadline, will TRS accept follow-up clarifications, or is May 18 a hard cut-off for any Q&A?

May 18 is a hard cut-off for the question-and-answer round.

11. For the optional Presentation/Demonstration round, what is the anticipated date window so we can pre-block our subject-matter experts?

Mid-July.

https://dir.texas.gov/information-security/texas-risk-and-authorization-management-program-tx-ramp/tx-ramp-eligibility https://dir.texas.gov/information-security/texas-risk-and-authorization-management-program-tx-ramp/tx-ramp-eligibility https://dir.texas.gov/information-security/texas-risk-and-authorization-management-program-tx-ramp/tx-ramp-eligibility

12. Will TRS provide a list (or count) of vendors who attended the pre-proposal conference, as referenced in the sign-in addendum language?

Yes.

13. Are there file-size or file-type limits per upload field in PAVES that we should design our proposal exhibits around?

The maximum file size for a single document upload in PAVES is 56120 KB.

14. Does TRS prefer a single consolidated PDF response, or should each evaluation criterion be uploaded as a separate file in PAVES?

Single consolidated PDF response.

15. Will TRS accept hyperlinks to externally hosted demo content (videos, sandboxes), or must all materials be embedded/uploaded in PAVES?

All materials must be uploaded in PAVES. However, any hyperlinks to externally hosted demo content (videos, sandboxes) can be uploaded as a separate document under the ‘Additional Response Documents’ section ‘Respondent’s Other Documentation’ field in the Questionnaire.

16. We have strict guidelines with two-factor authentication — can you explain further?

The PAVES Two-Factor Authentication is no longer activated. Therefore, you should be able to use your login and password to access the system.

17. Does TRS require single sign-on (SSO/SAML) integration, and if so, with which identity provider?

TRS uses Okta for SSO and it is required.

18. If TRS elects to skip the optional Presentation/Demonstration Round, will Respondents be notified, or do we plan as if it will occur?

Respondents that advance to the Presentation/Demonstration Round will be notified via email.