Request for Proposals for Actuarial Audit Services (Review of Pension Actuary)

EMPLOYEESRETIREMENT SYSTEM OF TEXAS

REQUEST FORPROPOSALS FOR ACTUARIAL AUDIT SERVICES

(Review ofPension Actuary)

SOLICITATIONNO. 26-15352-001

NIGP CODE: 94612and 94620

The Employees Retirement System of Texas (ERS) has issued a Requestfor Proposals (RFP) seeking a qualified firm (Respondent) to provide actuarialaudit services to review the work of ERS’ pension actuary. Respondent shallprovide the level of services required in the RFP and meet other requirementsthat are in the best interests of ERS, its members, and the state of Texas(State). Respondent shall be required to execute a contract (Contract) providedby, and satisfactory to, ERS for a period that begins upon execution of theContract 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 throughJune 30, 2029, to account for the potential service of testifying before theTexas Legislature. It is anticipated the Contract will be executed in July2027.

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 datespecified in RFP Section A.4.

To be eligible for consideration, Respondent is required to submit itsresponse to the RFP (Proposal) in accordance with the instructions set forth inthe RFP. Respondents must meet the Minimum Requirements set forth in Section Bof the Respondent Questionnaire (Appendix G). All Proposal materialsshall be received by ERS via Euna Procurement no later than January13, 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 EunaProcurement. Note that Respondent’s primary Proposal contact must create a EunaProcurement profile (with the actual contact person’s email address) anddownload the RFP documents in order to send and receive messages via EunaProcurement.

ERS reserves the right to rebid the RFP if deemed by ERS to be in thebest interests of ERS, its members, and/or the State. ERS also reserves theright to reject any Proposal submitted that does not fully comply with theRFP’s instructions and criteria. ERS is under no legal requirement to execute aContract on the basis of this notice or upon issuance of the RFP and will notpay any costs incurred by any Respondent in connection with the preparation ofa Proposal. ERS also reserves the right to revise any provisions set forth inthe RFP at any time prior to execution of a Contract where ERS deems it to bein the best interests of ERS, its members, and/or the State.

Any general questions should be sent to ERS’ point of contact, Officeof Procurement and Contract Oversight, via Euna Procurement or ivendorquestions@ers.texas.gov.ERS’ mailing address is P.O. Box 13207, Austin, Texas 78711-3207.