Retirement Plan Investment Advisory Services

Opportunity Home San Antonio, a public housing authority in Bexar County, Texas, issued a Request for Proposals on March 6, 2026, seeking qualified investment advisory firms to provide comprehensive retirement plan investment advisory services for the Housing Authority of the City of San Antonio Employee's Money Purchase Pension Plan and Trust. The scope of services includes establishing investment policy objectives, screening and recommending investment managers, monitoring fund performance against benchmarks, conducting quarterly meetings with the Pension Committee, negotiating manager fees, developing educational materials for plan participants, and providing governance and compliance assistance. Respondents must demonstrate a minimum of five consecutive years of experience providing similar pension advisory services, documented experience serving at least three governmental or institutional entities with retirement plans of at least $50 million in assets within the preceding three years, current SEC registration as an investment advisor, and the ability to communicate with Spanish speakers. The evaluation committee will assess proposals based on five criteria totaling 100 points: Experience and Capacity (35 points), Quality and Methodology (20 points), Disclosures and Financial Capability (15 points), Methods for Selection and Evaluation of Investment Managers (10 points), and Fees/Cost (20 points). The proposal submission deadline is April 1, 2026, at 2:00 p.m. Central Time through Opportunity Home's E-Procurement Portal, with the last date for questions being March 18, 2026, and anticipated board approval in May 2026. The initial contract term is one year with options to renew for up to four additional one-year terms, and the selected contractor must obtain Professional Liability insurance with limits of $1,000,000 within 10 days of contract signature.

This procurement is subject to Section 3 compliance requirements for HUD-assisted projects, establishing minimum numerical benchmarks requiring contractors to demonstrate good faith efforts toward achieving 25 percent or more of total labor hours performed by Section 3 workers and 5 percent or more by Targeted Section 3 workers, along with subcontracting of 3 percent of total contract value with Section 3 business concerns for professional services contracts. Respondents must submit a Section 3 Program Utilization Plan with their proposal and provide monthly compliance reports throughout contract performance, with failure to comply constituting a material breach subject to contract termination, suspension, or debarment. The RFP requires completion of multiple mandatory certifications and compliance documents, including firm profile and qualification forms, non-collusive affidavits, equal employment opportunity verifications, HUD Form 5370-C certifications, Texas Ethics Commission Form 1295, and debarment and conflict of interest disclosures. No incumbent vendor or current contractor information has been identified in the available procurement documents. Pricing is structured as a percentage of the billable market value of the plan, payable quarterly, though no specific budget range or award value has been disclosed in the posted materials. Opportunity Home reserves the right to reject any or all proposals, negotiate fees with all respondents, and terminate contracts at any time for convenience upon 30 days written notice.