Government Contract | Texas
Investment Consulting Services for the Texas Prepaid Higher Education Tuition Board

Bid Information

Bid Alert No: 00000526258

Bid Title: Investment Consulting Services for the Texas Prepaid Higher Education Tuition Board

Agency Bid No. Title: 216A

Received Date: 03/30/2016

Close Date: 04/22/2016

Purchase Type: terminate August 31, 2018

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 04/04/2016


Specifications include, but are not limited to: Service DescriptionSuccessful Respondent shall provide the Services as described in this Section 2.1 for the Funds and Texas ABLE, as applicable. As noted in Section 1.2 of this RFP, the Board will be considering various options for implementing Texas ABLE. As such, the Services needed for Texas ABLE may vary depending on the final structure of the program. All Services will be provided as-needed unless otherwise noted.Any deviations from the specific requirements set forth in this Section 2.1 must be approved by Comptroller, the Board and Successful Respondent in a writing that specifically refers to the requirement and the reason for approval of the change. Comptroller will consider approving written requests for such deviations if Comptroller determines, in its sole discretion, that such deviations are consistent with applicable law and in the best interests of the State of Texas, the Board, and the Funds or Texas ABLE, as applicable. Any decrease in level of approved services must be accompanied by a decrease in approved fees.The Services provided by Successful Respondent will include, but not be limited to, the following services and deliverables related to the Funds and Texas ABLE (all Services for Texas ABLE will only be provided as applicable):Prepare and submit to the Board a report describing in detail the recommended methodologies Successful Respondent intends to utilize in completing the specific work and otherwise performing the Services; this report must be delivered to the Board no later than sixty (60) days following the date of Contract execution, unless otherwise agreed to by the Board;Monitor the actuarial funding status of the Funds prepaid tuition plans on an on-going basis, and provide assistance to the Board and the Boards actuary in the establishment of actuarial assumptions for the prepaid tuition plans;Assist the Board in developing and modifying investment policy objectives and guidelines, including the development of asset allocation strategies, recommendations on long-term asset allocation, and the appropriate mix of investment manager styles and strategies; copies of the Boards current Investment Policy Statements for the Funds are available upon request

Product Code: 94656

Agency Information

Issuing Agency: State of Texas - Comptroller of Public Accounts

State: Texas

Agency Type: State and Local

Contact: Jason Frizzell, Contracts Texas Comptroller of Public Accounts, 111 E. 17th St., Room 201, Austin, Texas, 78774

Fax: 512-463-3669




FREE Market Analysis

Get a FREE 90-Day Market Analysis and see the bids you’ve been missing