Teacher Retirement System of Texas (TRS) is seeking proposals for an enterprise fraud detection and monitoring solution. The scope includes implementation, configuration, training, project management, and ongoing licensing and maintenance. Key requirements include experience in financial services, insurance, government, or public pension environments, with specific years of experience for pension/procurement fraud (7 years) and paper fraud (2 years). Successful implementation of at least three enterprise fraud solutions is also required. Proposals must be submitted through the TRS PAVES system by August 17, 2026. The initial contract term is one year with four one-year optional renewals. Pricing will be evaluated based on fairness, reasonableness, and overall value. Presentations, demonstrations, and interviews may be requested for top-ranked respondents.
The deadline for submission of proposals is August 17, 2026, 3:00 p. m. , Central Time. deadline for submission of proposals august 17, 2026, 3:00 p. m. , central time deadline for submission of proposals late proposals may not be considered
The vendor representing best overall value for TRS will be selected, based on qualifications, experience, acceptance of contract terms, proposed pricing, and other relevant factors. rs will select the vendor who represents best overall value for trs based on the candidates qualications, experience, acceptance of trs contract terms and conditions, proposed pricing, and other relevant factors
Respondents must demonstrate 7 years of experience for pension/procurement fraud and 2 years for paper fraud, along with successful implementation of at least three enterprise fraud solutions. Experience in highly regulated environments and compliance with industry-standard security practices are also required. espondents must provide documentation to demonstrate they have the following years of experience providing enterpriselevel fraud detection, prevention, andor investigation solutions applicable to nancial services, insurance, government, or public pension environments.
Presentations, demonstrations, interviews, and/or site visits may be requested for top-ranked respondents during the week of September 21, 2026. week of september 21, 2026 presentations, demonstrations, interviews, andor site visits by topranked respondents, if requested.
Failure to meet mandatory qualifications, late proposals, or discussing the solicitation with unauthorized individuals may lead to disqualification. late proposals may not be considered and failure of a respondent or any of its representatives to observe this restriction may result in disqualification of any related proposal.