RFP for investment practices and performance evaluation of GBRA's defined benefit pension plan. Proposals due electronically via BidNetDirect by Nov 12, 2026, 2:00 PM CT. Public opening at 2:30 PM CT via Microsoft Teams. Evaluation criteria: 50% cost, 25% firm qualifications, 25% project team. Fixed fee required including travel and printing. Final report due March 10, 2027, with presentation on March 17, 2027. Questions due Nov 5, 2026. Compliance with Texas Government Code **** required.
Proposals must be received electronically by November 12, 2026 at 2:00 PM CT. sealed proposals shall be received no later than: thursday, november 12, 2026 at 2: 00 pm central time
Payment is made upon receipt and acceptance of items ordered and valid invoice, per Texas Prompt Payment Act. payment will be made upon receipt and acceptance by gbra of items ordered and receipt of a valid invoice, in accordance with the state of texas prompt payment act
Evaluation based on 50% cost of services, 25% firm qualifications, 25% project team. 50 cost of services 25 firms qualifications and experience. . . 25 project teams qualifications and experience
Firms must demonstrate experience in investment practices and performance evaluations for defined benefit pension plans. firms qualified to complete an investment practices and performance evaluation for gbras defined benefit pension plan in compliance with texas government code section ****
Proposals received after deadline are disqualified. proposals received after the deadline will not be considered for the award of the contract and shall be considered disqualified
Questions must be submitted by November 5, 2026 at 5:00 PM CT. questions must be submitted by thursday, november 5, 2026 at 5: 00 pm central time
Disqualification grounds include multiple proposals, collusion, poor past performance, or being in arrears with GBRA. more than one proposal for the same work. . . evidence of collusion among proposers. . . poor performance. . . being in arrears on existing contracts