Project Information

Bid Title

Investment Counsel

Issuing Agency

State Government of Pennsylvania

Location

Pennsylvania

Published Date

May 13, 2026

Closing Date

Jun 24, 2026

Government Level

State & Local

Status

Closed

Ref. #

RFP2026-1

Original Source

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Project Description

General Information
Department for this solicitation:	Procurement
Date Prepared:	12/17/25	Types:	RFP
Advertisement Type:	Service Materials Service & Materials PW Construction Agency Construction Real Estate
Solicitation/Project#:	RFP2026-1	Solicitation/Project Title:	Investment Counsel
Description:	To satisfy a need for investment counsel and other related legal services that may arise on an ad hoc basis.  Specifically, Executive Order 2015-2 provides that legal service or legal consultant contracts shall be awarded on a sole source basis only when it is clearly not feasible to utilize competitive bidding because of an urgency or need or other documented circumstances. At various times, PSERS has been required to manage investment matters including taking exigent action, where the complex legal, factual, and/or technical nature of the action necessitates the identification of outside counsel possessing specialized capabilities.  PSERS has issued this RFP to select standing legal counsel(s) to aid in such emergent legal matters.  For purposes of this RFP, PSERS will be making a limited multiple award to the highest evaluated Law Firms based upon the criteria set forth in this RFP.

Department Information
Department/Agency:	Public School Employees' Retirement System	Delivery Location:	Harrisburg  Pa
County:	Statewide	Duration:	3 years

Contact Information
First Name:	William	Last Name:	Spiker
Phone Number: (XXX-XXX-XXXX)	717-720-4824	Email:	ra-psprocurement@pa.gov

Solicitation Information
Bids must be received by the purchasing agency on the Solicitation Due Date no later than the Solicitation Due Time as set forth in the solicitation. Any conflict between the dates and/or times contained in the solicitation itself or its attachments and this advertisement shall be resolved in favor of the solicitation.
Solicitation Start Date:	05/14/26
Solicitation Due Date:	06/24/26	Solicitation Due Time:	2:00 PM
Solicitation Opening Date:	06/24/26	Solicitation Opening Time:	2:01 PM
Opening Location:
No. of Addendums:	0
Amended Date:	05/13/26

Related Solicitation Files

Original Files RFP2026-1 Investment Counsel .pdf Appendix A Proposal Cover Letter.pdf Appendix B - Cost Submittal.xlsx Appendix C TradeSecret_ConfidentialPropertyInfoNotice.pdf Appendix D Statement of Qualifications.pdf Appendix E - Personnel Experience by Key Position (2).pdf Appendix F - Project References.pdf Appendix G SDB_Participation_ Summary Sheet and Attachments.pdf Appendix H VBE_Participation_ Summary Sheet and Attachments.pdf Appendix I Model Form SDB VBE Subcontract Agreement.pdf Appendix J - Sample Appointment Letter.pdf Part VI - Contract for Legal Services.pdf

Attachment Preview

REQUEST FOR PROPOSALS

FOR

INVESTMENT COUNSEL

ISSUING OFFICE

Commonwealth of Pennsylvania

Public School Employees’ Retirement System (PSERS)

RFP NUMBER

PSERS RFP 2026-1

DATE OF ISSUANCE

MAY 14, 2026

Small Diverse Business and Veteran Business Enterprise Participation. The Issuing Office and

the Department of General Services’ Bureau of Diversity, Inclusion and Small Business

Opportunities (BDISBO) will only set Small Diverse Business (SDB) and/or Veteran Business

Enterprise (VBE) participation goals for engagements over $250,000 that are a result of this

procurement. Engagements under $250,000 are not required to have SDB or VBE participation

goals. Certified SDB’s and VBE’s are encouraged to respond to this solicitation as prime

contractors. To review SDB and VBE program eligibility and for more information on seeking

certification, please visit www.pa.gov/DGS and follow the links under Programs and Services for

“Bureau of Diversity, Inclusion and Small Business Opportunities”.

REQUEST FOR PROPOSALS FOR

INVESTMENT COUNSEL

PSERS RFP# 2026-1

TABLE OF CONTENTS

CALENDAR OF EVENTS .......................................................................................................... iii

PART I

GENERAL INFORMATION ................................................................................. 3

PART II

PROPOSAL REQUIREMENTS ........................................................................... 12

PART III

CRITERIA FOR SELECTION............................................................................... 14

PART IV

WORK STATEMENT........................................................................................ 17

PART V

SMALL DIVERSE BUSINESS AND VETERAN BUSINESS ENTERPRISE

PARTICIPATION INFORMATION ..................................................................... 19

PART VI

STANDARD CONTRACT FOR LEGAL SERVICES.................................................. 24

APPENDIX A

APPENDIX B

APPENDIX C

APPENDIX D

APPENDIX E

APPENDIX F

APPENDIX G

APPENDICES

(Attached electronically as separate files)

PROPOSAL COVER SHEET

COST SUBMITTAL

TRADE SECRET CONFIDENTIAL PROPRIETARY INFORMATION NOTICE FORM

STATEMENT OF QUALIFICATIONS/CONFLICTS/TECHNICAL QUESTIONNAIRE

PERSONNEL EXPERIENCE BY KEY POSITION

PROJECT REFERENCES

SMALL DIVERSE BUSINESS PARTICIPATION PACKET (for engagements over

$250,000):

SDB-1

INSTRUCTIONS FOR COMPLETING SDB PARTICIPATION

SUBMITTAL AND SDB UTILIZATION SCHEDULE

SDB-2 SDB PARTICIPATION SUBMITTAL

i

APPENDIX H

APPENDIX I

APPENDIX J

SDB-3 SDB UTILIZATION SCHEDULE

SDB-3.1 SDB LETTER OF COMMITMENT

SDB-4

GUIDANCE FOR DOCUMENTING GOOD FAITH EFFORTS TO MEET

THE SDB PARTICIPATION GOAL

SDB-5

GOOD FAITH EFFORTS DOCUMENTATION TO SUPPORT WAIVER

REQUEST OF SDB PARTICIPATION GOAL

VETERAN BUSINESS ENTERPRISE PARTICIPATION PACKET (for engagements

over $250,000):

VBE-1

INSTRUCTIONS FOR COMPLETING VBE PARTICIPATION

SUBMITTAL AND VBE UTILIZATION SCHEDULE

VBE-2 VBE PARTICIPATION SUBMITTAL

VBE-3 VBE UTILIZATION SCHEDULE

VBE-3.1 VBE LETTER OF COMMITMENT

VBE-4

GUIDANCE FOR DOCUMENTING GOOD FAITH EFFORTS TO MEET

THE VBE PARTICIPATION GOAL

VBE-5

GOOD FAITH EFFORTS DOCUMENTATION TO SUPPORT WAIVER

REQUEST OF VBE PARTICIPATION GOAL

MODEL FORM OF SMALL DIVERSE BUSINESS/VETERAN BUSINESS

ENTERPRISE SUBCONTRACTOR AGREEMENT

SAMPLE APPOINTMENT LETTER

ii

CALENDAR OF EVENTS

The Commonwealth will make every effort to adhere to the following schedule:

Activity

Deadline to submit questions via email to the Issuing Office at

RA-psprocurement@pa.gov

Answers to Potential Offeror questions will be posted on

eMarketplace no later than this date.

http://www.emarketplace.state.pa.us/Search.aspx

Monitor eMarketplace website for all communications regarding the

RFP.

Sealed proposal must be received by the Issuing Office at:

Public School Employees’ Retirement System

ATTN: BOA/Procurement RFP2026-1

5 North 5th Street, Rm117-1

Harrisburg, PA 17101

Responsibility

Potential Offerors

Issuing Office

Potential Offerors

Offerors

Date

Friday,

May 29, 2026

2PM EST

Friday,

June 5, 2026

2PM EST

Ongoing

Wednesday,

June 24, 2026

2PM EST

iii

PART I

GENERAL INFORMATION

I-1. Purpose. This request for proposals (RFP) provides to those Law Firms interested in

submitting proposals for the subject procurement (“Law Firms”) sufficient information to

enable them to prepare and submit proposals for the Public School Employees’ Retirement

System’s (“PSERS”) consideration on behalf of the Commonwealth of Pennsylvania

(“Commonwealth”) to satisfy a need for investment counsel and other related legal services

that may arise on an ad hoc basis. Specifically, Executive Order 2015-2 provides that legal

service or legal consultant contracts shall be awarded on a sole source basis only when it is

clearly not feasible to utilize competitive bidding because of an urgency or need or other

documented circumstances.

At various times, PSERS has been required to manage investment matters including taking

exigent action, where the complex legal, factual, and/or technical nature of the action

necessitates the identification of outside counsel possessing specialized capabilities. PSERS

has issued this RFP to select standing legal counsel(s) to aid in such emergent legal matters.

For purposes of this RFP, PSERS will be making a limited multiple award to the highest

evaluated Law Firms based upon the criteria set forth in this RFP.

This RFP is issued pursuant to Executive Order 2015-2 dated January 20, 2015, and in

accordance with Section 518 of the Commonwealth Procurement Code, 62 P.S. Section 518

and PART I Chapter 8 of the DGS Procurement Handbook.

I-2. Issuing Office. PSERS, Bureau of Administration, Procurement Division (“Issuing Office”) has

issued this RFP on behalf of the Commonwealth. Its staff shall act as Issuing Officers. The

sole point of contact in the Commonwealth for this RFP shall be the Issuing Office and can be

contacted at:

PSERS

ATTN: BOA/ Procurement RFP2026-1

5 North 5th Street

Harrisburg, PA 17101

Email: ra-psprocurement@pa.gov

I-3. SCOPE. This RFP contains instructions governing the requested proposals, including the

requirements for the information and material to be included; a description of the service to

be provided; requirements which Law Firms must meet to be eligible for consideration;

general evaluation criteria; and other requirements specific to this RFP.

I-4. PROBLEM STATEMENT. PSERS has identified a need for investment and other related

emergent legal services that may arise on an ad hoc basis. The engagement may include

other related work as designated by PSERS. For purposes of this RFP, PSERS will be making

3

Commodity Codes

• NAICS 541110Offices of Lawyers

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