Energy Research Services

The Teacher Retirement System of Texas (TRS) issued Request for Proposals (RFP) Solicitation Number TRS000639 on January 28, 2026, to procure comprehensive research and analytics services for oil, gas, and power/renewable energy investing, operating, and servicing. Services must be delivered through a pre-established research library accessible via vendor website or portal, including geologic interpretation data, well-level data, basin ownership information, midstream infrastructure details, commodity prices, merger and acquisitions analysis, ad hoc expert calls, industry publications, daily newsletters, and access to training webinars. Respondents must meet minimum qualifications including five years' experience providing similar services and compliance with evaluation criteria questions. Proposals will be evaluated on best overall value using four weighted criteria: Statement of Qualifications and Experience (25%), Respondent's Key Personnel Qualifications and Experience (20%), Technical Approach (35%), and Pricing (20%). Respondents must submit proposals through TRS' Procurement and Vendor E-System (PAVES) by February 26, 2026, at 3:00 p.m. Central Time. A non-mandatory pre-proposal conference is scheduled for February 5, 2026, at 3:00 p.m. Central Time via Microsoft Teams, and the deadline for submitting written questions is February 9, 2026, at 3:00 p.m. Central Time. The initial contract term is five years from the effective date of October 26, 2026, through October 25, 2031, with zero optional renewal periods, and TRS reserves the right to request presentations, demonstrations, interviews, and/or site visits from top-ranked respondents.

There are no set-aside designations or restrictions limiting the types of organizations that can respond to this procurement; however, since the expected contract value exceeds $100,000 over the life of the contract, TRS evaluated subcontracting opportunities and determined no probable subcontracting opportunities exist, so submission of a Veteran Heroes United in Business Subcontracting Plan is not required unless the respondent elects to subcontract services. The solicitation requires NIGP Class/Item Codes 956-35 and 956-05. No incumbent vendors or current contractors are identified in the available documentation. Pricing terms require fully loaded, firm, and fixed pricing or hourly rates inclusive of all performance costs, with line-item pricing for optional features, and TRS will not reimburse travel, meals, lodging, or related expenses. The contractor must maintain Professional Liability Insurance of $1,000,000 per occurrence and $2,000,000 in aggregate (or $2,000,000 combined single limit for claims-made policies) and meet a 98% monthly uptime service level for the vendor portal. TRS is statutorily exempt from certain competitive procurement requirements under Texas Government Code Section 825.103 and maintains exclusive authority over vendor selection based on best overall value standards; no specific contract value or budget range is disclosed in the available documentation.