This Request for Proposal (RFP) from the Cancer Prevention and Research Institute of Texas (CPRIT) seeks proposals for Due Diligence Review Services. The contract term is initially set to expire on August 31, 2027, with potential for three one-year renewals. Proposals are due by May 8, 2026, at 2:00 PM Central Time. Key evaluation criteria include the qualifications and experience of the respondent and staff (30%), submitted pricing (40%), quality of the due diligence analysis (15%), demonstrated experience and capabilities (10%), and references/past history (5%). Respondents must submit a Vethub Subcontracting Plan (HSP). Payment terms stipulate that payment for goods and services are due thirty (30) days after goods are provided, services are rendered, or a correct invoice is received, whichever is later. Vendor performance will be monitored, and the state reserves the right to terminate the contract for convenience or default. All inquiries regarding this RFP should be directed to Donald Brandy at **** or dbrandy@cprit. texas. gov.
The bid notice states that proposals are due by May 8, 2026, at 2:00 PM Central Time. The initial term of the contract will expire on August 31, 2027.
The bid notice states that Payment for goods and services are due thirty 30 days after the goods are provided, the services are rendered, or a correct invoice is received, whichever is later.
The bid notice states that The award will be made to the respondent whose offer provides the best value for the state and is in the states best interest. The evaluation criteria are weighted as follows: Qualifications and experience (30%), Submitted pricing (40%), Quality of analysis (15%), Demonstrated experience (10%), and References/past history (5%).
The bid notice states that The qualifications and experience of the respondent and staff who will be responsible for conducting due diligence reviews in accordance with the scope of services is a key evaluation criterion, weighted at 30%.
The bid notice states that Default in promised delivery without accepted reasons, service date or failure to meet specifications, authorizes cprit to purchase goods or services elsewhere and charge the full increase, if any, in cost and handling to defaulting vendor.
The bid notice states that the deadline for submitting questions is April 14, 2026.
