ESBD_573061_1793640594669_ESBD Notice of Publish - Actuarial Audit Services (Review of Pension Actuary) RFP.docx

EMPLOYEES RETIREMENT SYSTEM OF TEXAS

REQUEST FOR PROPOSALS FOR ACTUARIAL AUDIT SERVICES

(Review of Pension Actuary)

SOLICITATION NO. 26-15352-001

NIGP CODE: 94612 and 94620

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’ pension 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 the Services are anticipated to extend through May 31, 2028, subject to the terms of the Contract. The Contract Term, however, is through June 30, 2029, to account for the potential service of testifying before the Texas Legislature. It is anticipated the Contract will be executed in July 2027.

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 date specified in RFP Section A.4.

To be eligible for consideration, Respondent is required to submit its response to the RFP (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 Euna Procurement no later than January 13, 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 Euna Procurement. Note that Respondent’s primary Proposal contact must create a Euna Procurement profile (with the actual contact person’s email address) and download the RFP documents in order to send and receive messages via Euna Procurement.

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, Office of Procurement and Contract Oversight, via Euna Procurement or ivendorquestions@ers.texas.gov. ERS’ mailing address is P.O. Box 13207, Austin, Texas 78711-3207.