Light RFP
Government · Hawaii

Executive Search Firm Services for Recruitment of ERS CIO

This opportunity closed on Jul 25, 2026. Browse current bids below.
Closed Jul 25, 2026·General ConstructionView official posting ↗
Issuing agency
State of Hawaii — Employees Retirement System
Method
Request for Quotations
Category
Services
PIN
RFQ No. 26-100
Location
Hawaii
Posted
Jun 25, 2026
Takeaways by LightRFP AI

Generate a quick AI overview of this bid, pulled from its details and the attached documents.

Description

The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”).
This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process.
Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813.

General Comments

The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”).
This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process.
Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813.
Please Refer to sections 2. Scope of Work through section 12. RFQ Evaluation Criteria for detailed description and important information regarding this procurement. This is an electronic solicitation. Offered through HIePRO, State of Hawaii eProcurement (hiepro.ehawaii.gov). All offers are to be received in HIePRO by RFQ in accordance with Section 9. PROCUREMENT TIMETABLE and SIGNIFICANT DATES.
This RFQ will be awarded based on Section 12. RFQ Evaluation Criteria.
A standard ERS Purchase Order will be issued.

Line Items

Executive Search Firm Services for Recruitment of ERS CIO — Qty 1 JOB
Executive search services for the recruitment of a Chief Investment Officer for the Employees’ Retirement System of the State of Hawaii, Honolulu, Hawaii.

Documents2
ERS Confidentiality_Agreement.pdfPDF
2026 Exec Search Services CIO RFQ2026 100 final 06242026.pdfPDF

Contact

Name
Kalbert Young
Phone
808-357-6638
Address
Oahu, HI
Full source recordfrom State of Hawaii — Employees Retirement System
Rfid
26003486
Detail
Email
kalbert.young@hawaii.gov
Phone
808-357-6638
Fields
Label
Solicitation Number
Value
Q26003486
Label
Status
Value
Released
Label
Department
Value
Budget & Finance
Label
Division
Value
Employees Retirement System
Label
Islands (where the work/delivery is to be performed)
Value
Oahu
Label
Category
Value
Services
Label
Release Date
Value
06/24/2026
Label
Offer Due Date & Time
Value
07/24/2026 04:00 PM
Label
Description
Value
The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813.
Label
Contact Person
Value
Young, Kalbert
Label
Email
Value
kalbert.young@hawaii.gov
Label
Phone
Value
808-357-6638
Label
General Comments
Value
The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. Please Refer to sections 2. Scope of Work through section 12. RFQ Evaluation Criteria for detailed description and important information regarding this procurement. This is an electronic solicitation. Offered through HIePRO, State of Hawaii eProcurement (hiepro.ehawaii.gov). All offers are to be received in HIePRO by RFQ in accordance with Section 9. PROCUREMENT TIMETABLE and SIGNIFICANT DATES. This RFQ will be awarded based on Section 12. RFQ Evaluation Criteria. A standard ERS Purchase Order will be issued.
Label
Procurement Officer
Value
Kalbert K. Young
Label
Attachments
Value
ERS Confidentiality_Agreement.pdf 2026 Exec Search Services CIO RFQ2026 100 final 06242026.pdf AG-008 103D General Conditions (1.10.23).pdf Download All
Label
Quantity
Value
1
Label
Unit of Measure
Value
JOB
Label
Title
Value
Executive Search Firm Services for Recruitment of ERS CIO
Label
Description
Value
Executive search services for the recruitment of a Chief Investment Officer for the Employees’ Retirement System of the State of Hawaii, Honolulu, Hawaii.
Status
Released
Islands
Oahu
Category
Services
Division
Employees Retirement System
Line Items
Title
Executive Search Firm Services for Recruitment of ERS CIO
Quantity
1
Description
Executive search services for the recruitment of a Chief Investment Officer for the Employees’ Retirement System of the State of Hawaii, Honolulu, Hawaii.
Unit Of Measure
JOB
Department
Budget & Finance
Description
The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813.
Release Date
06/24/2026
Offer Due Date
07/24/2026 04:00 PM
Contact Person
Kalbert Young
General Comments
The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. Please Refer to sections 2. Scope of Work through section 12. RFQ Evaluation Criteria for detailed description and important information regarding this procurement. This is an electronic solicitation. Offered through HIePRO, State of Hawaii eProcurement (hiepro.ehawaii.gov). All offers are to be received in HIePRO by RFQ in accordance with Section 9. PROCUREMENT TIMETABLE and SIGNIFICANT DATES. This RFQ will be awarded based on Section 12. RFQ Evaluation Criteria. A standard ERS Purchase Order will be issued.
Procurement Officer
Kalbert K. Young
Solicitation Number
Q26003486
Listing
Title
Executive Search Firm Services for Recruitment of ERS CIO
Island
Oahu
Sol Num
Q26003486
Status
Released
Category
Services
Dept Sol Num
RFQ No. 26-100
Last Amended
06/24/2026
Release Date
06/24/2026
Offer Due Date
07/24/2026 04:00 PM
Cat Review
At
Jul 17, 2026
Method
openrouter
Taxonomy
non-construction
Detail Html
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Retirement System of the State of Hawaii (&ldquo;ERS Board&rdquo;) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (&ldquo;CIO&rdquo;) for the Employees&rsquo; Retirement System of the State of Hawaii (&ldquo;ERS&rdquo; or &ldquo;System&rdquo;). <br> <br>This Request for Quotation (&ldquo;RFQ&rdquo;) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. <br> <br>Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. <br></dd> <dt>Contact Person</dt> <dd>Young, Kalbert</dd> <dt>Email</dt> <dd><a href="mailto:kalbert.young@hawaii.gov">kalbert.young@hawaii.gov</a></dd> <dt>Phone</dt> <dd>808-357-6638</dd> <dt>General Comments</dt> <dd>The Board of Trustees of the Employees&rsquo; Retirement System of the State of Hawaii (&ldquo;ERS Board&rdquo;) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (&ldquo;CIO&rdquo;) for the Employees&rsquo; Retirement System of the State of Hawaii (&ldquo;ERS&rdquo; or &ldquo;System&rdquo;). <br> <br>This Request for Quotation (&ldquo;RFQ&rdquo;) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. <br>Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. <br> <br>Please Refer to sections 2. Scope of Work through section 12. RFQ Evaluation Criteria for detailed description and important information regarding this procurement. This is an electronic solicitation. Offered through HIePRO, State of Hawaii eProcurement (hiepro.ehawaii.gov). All offers are to be received in HIePRO by RFQ in accordance with Section 9. PROCUREMENT TIMETABLE and SIGNIFICANT DATES. <br> <br>This RFQ will be awarded based on Section 12. RFQ Evaluation Criteria. <br> <br>A standard ERS Purchase Order will be issued. <br></dd> <dt>Procurement Officer</dt> <dd>Kalbert K. Young</dd> <dt>Attachments</dt> <dd> <a href="/resources/187588/ERS Confidentiality_Agreement.pdf" target="_blank" rel="noopener noreferrer">ERS Confidentiality_Agreement.pdf</a> <br> <a href="/resources/187589/2026 Exec Search Services CIO RFQ2026 100 final 06242026.pdf" target="_blank" rel="noopener noreferrer">2026 Exec Search Services CIO RFQ2026 100 final 06242026.pdf</a> <br> <a target="_blank" rel="noopener noreferrer" href="/static-resources/AG-008 103D General Conditions (1.10.23).pdf">AG-008 103D General Conditions (1.10.23).pdf</a> <br/><br/> <a class="btn" href="public-display-solicitation.html?_eventId=downloadAllAttachments&">Download All</a> </dd> </dl> <p> Direct all questions regarding this Solicitation, and any questions or Issues relating to the accessibility of this Solicitation (Including the appendices and exhibits to this Document, and any other document related to this Solicitation), to: <a href="mailto:kalbert.young@hawaii.gov">Young, Kalbert.</a> </p></div> <div role="tabpanel" class="tab-pane" id="tabs-2"> <h4>Q26003486&nbsp;<small>Executive Search Firm Services for Recruitment of ERS CIO</small></h4> <fieldset> <legend>Line Items</legend> </fieldset> <div id="line-items-table-container"> <div class="acc-header"> <div class="row"> <div class="col-md-1">#</div> <div class="col-md-3">Title</div> <div class="col-md-1">Quantity</div> <div class="col-md-2">Unit of Measure</div> <div class="col-md-3">Commodity Code</div> <div class="col-md-2">&nbsp;</div> </div> </div> <div class="panel-group chevron-toggler panel-accordion line_items_accordion" id="line_items_accordion"> <div class="panel panel-default"> <div class="panel-heading"> <h4 class="panel-title"> <a rel="0" class="accordion-toggle" data-toggle="collapse" data-parent="#line_items_accordion" href="#collapse0" id="0"> <div class="row"> <div class="col-md-1"> 1</div> <div class="col-md-3"> Executive Search Firm Services for Recruitment of ERS CIO</div> <div class="col-md-1"> 1</div> <div class="col-md-2"> JOB</div> <div class="col-md-3"> 561312, 561312, 561312&nbsp; </div> <div class="col-md-2"> </div> </div> </a> </h4> </div> <div id="collapse0" class="panel-collapse collapse"> <div class="panel-body"> <div class="line_item_details" title="Line Item Details"> <fieldset> <legend>Code Table</legend> </fieldset> <div class="row"> <div class="col-lg-12"> <div class="table-responsive"> <table class="table table_row_links table_with_buttons white-bg datatable"> <thead> <tr> <th>Commodity Code</th> <th>Description</th> </tr> </thead> <tbody> <tr> <td>561312</td> <td>Executive search consulting services</td> </tr> <tr> <td>561312</td> <td>Executive search services</td> </tr> <tr> <td>561312</td> <td>Senior executive search services</td> </tr> </tbody> </table> </div> </div> </div> <fieldset> <legend>General</legend> </fieldset> <dl class="dl-horizontal"> <dt>Quantity</dt> <dd>1</dd> <dt>Unit of Measure</dt> <dd>JOB</dd> <dt>Title</dt> <dd>Executive Search Firm Services for Recruitment of ERS CIO</dd> <dt>Description</dt> <dd>Executive search services for the recruitment of a Chief Investment Officer for the Employees&rsquo; Retirement System of the State of Hawaii, Honolulu, Hawaii.</dd> </dl> <fieldset> <legend>Attachments</legend> <ul class="gray small_font"> </ul> </fieldset> <br/> <a href="#" class="btn btn-default printBtn">Print</a> </div> </div> </div> </div> </div> </div> <p> Direct all questions regarding this Solicitation, and any questions or Issues relating to the accessibility of this Solicitation (Including the appendices and exhibits to this Document, and any other document related to this Solicitation), to: <a href="mailto:kalbert.young@hawaii.gov">Young, Kalbert.</a> </p> </div> <div role="tabpanel" class="tab-pane" id="tabs-3"> <div class="errorsContainer content-fullwidth clearfix bottomspace alert-danger hidden"> </div> <h4>Q26003486&nbsp;<small>Executive Search Firm Services for Recruitment of ERS CIO</small></h4> <fieldset> <legend>Instructions</legend> <ul class="list-unstyled list-spaced"> <li><strong>RESPONSE TO THIS SOLICITATION</strong>: Only responses submitted through HIePRO shall be considered for award.</li> <li><strong>QUESTIONS ABOUT THIS SOLICITATION</strong>: Unless otherwise indicated, questions regarding this solicitation must be directed to the Buyer listed.</li> <li><strong>TRANSACTION FEES</strong>: The awarded vendor shall pay a transaction fee of 0.75% (.0075) of the award, not to exceed $5,000 for each award. This transaction fee shall be based on the original award amount and the awarded vendor shall be responsible for payment of the fee to Tyler Hawaii, the vendor administering the HIePRO. Payment must be made to Tyler Hawaii within thirty (30) days of receipt of invoice. The invoice is generated based on the date the award is posted.</li> <li><strong>VENDOR NON-COMPLIANCE </strong>: NON-COMPLIANCE may result in a vendor not receiving an award, delay of payment, or cancellation of award. If the vendor does not maintain timely compliance, which is the vendor’s responsibility, an offer otherwise deemed responsive and responsible may not be awarded. State agencies may check for compliance at any time.</li> <li><strong>HAWAII GENERAL EXCISE TAX (GET)</strong>: Unless otherwise stated in this solicitation, vendors shall include all applicable taxes in the price submitted. The Hawaii General Excise Tax (GET) shall not exceed 4.712% for the islands of Oahu, Kauai , Hawaii, and Maui. </li> <li><strong>ADDITIONAL FEES AND CHARGES</strong>: Vendors shall include all applicable fees, charges, surcharges, shipping/handling, delivery, or any other charges associated with this solicitation in the price submitted.</li> <li><strong>OFFER DEEMED FIRM/AUTHORITY TO SUBMIT OFFER</strong>: Submission of an electronic response to the State of Hawaii constitutes and shall be deemed an offer to sell the specified goods and/or services to the State of Hawaii at the price shown in the response and under the State&#039;s Terms and Conditions. The electronic response submitter certifies that he/she is authorized to sign the response for the submitting vendor and that the response is made without connection with any person, firm, or corporation making a response for the same goods and/or services and is in all respects fair and without collusion or fraud.</li> <li><strong>COMPLIANCE AND DOCUMENTATION</strong>: Vendors are required to be compliant with all appropriate state and federal statutes. Proof of compliance is required through HCE or via paper documentation. </li> <li><strong>VENDOR REGISTRATION IN HAWAII COMPLIANCE EXPRESS (HCE) </strong>: Vendors can register at https://vendors.ehawaii.gov/hce via an annual subscription fee and should subscribe prior to responding to a solicitation. For more information visit the HCE Section of the FAQs at http://spo.hawaii.gov/faqs/#tabs-4.</li> <li><strong>VENDOR COMPLIANCE – PAPER DOCUMENTS </strong>: Vendors not utilizing HCE shall provide paper certificates that must be valid at the time of award. All applications for applicable clearances are the responsibility of the vendor, who must be compliant pursuant to HRS§103D-310(c) with the chapters 1) Chapter 237, General Excise Tax Laws; 2) Chapter 382, Hawaii Employment Security Law; 3)Chapter 386, Worker’s Compensation Law; 4) Chapter 392, Temporary Disability Insurance; 5)Chapter 393, Prepaid Health Care Act; and 6) §103D-310(c), Certificate of Good Standing (COGS) for entities doing business in the State. Upon receipt of compliance paper documents (A-6, LIR#27, COGS), the purchasing agency reserves the right to verify their validity with the respective issuing agency. </li> </ul> </fieldset></div> </div> </main> <footer id="footer_app" class="footer_app" role="contentinfo"> <div class="row"> <div class="col-sm-12 col-md-6"> <p class="subheading"> Hawaii State Procurement Office </p> <address class="some-bottom-margin">1151 Punchbowl Street, Honolulu, HI 96813</address> <p>Phone: (808) 586-0554 | Fax: (808) 586-0570</p> </div> <div class="col-sm-12 col-md-6"> <p class="subheading text-right"> Copyright &copy; <span id="copyright_year_start">2014</span><span class="copyright_year_current"></span>. 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Categorized By
llm-nc
Detail Fetched
Yes

Source: State of Hawaii — Employees Retirement System (solicitation HI_HIEPRO-Q26003486), retrieved via a public procurement portal. View the official posting — always confirm requirements and deadlines with the issuing agency.