Investment Practices and Performance Evaluation Services for Defined Benefit Pension Plan

The Guadalupe Blanco River Authority (GBRA) in Texas requires an independent onshore US firm to provide investment practices and performance evaluation services for its defined benefit pension plan. The requested scope includes analyzing the plan's strategic investment policies and compliance, explaining recommendations for evaluated matters, confirming no direct or indirect management of system investments, and detailing potential conflicts of interest or third-party remuneration. Proposers must submit questions by November 5, 2026. Sealed proposals must be submitted electronically via BidNetDirect by 2:00 PM Central Time on November 12, 2026, and include a signed and dated proposal acknowledgment. Evaluation criteria consist of cost of services (50%), the firm's qualifications and experience in performing investment evaluations (25%), and the project team's relevant qualifications and experience (25%). The budget relies on submitted proposals, and offsite work performance is permitted.