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This Solicitation opportunity from Texas was posted on August 7, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Compensation Consultant Services

Closed
TRS000694State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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AI Contract Overview

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The Teacher Retirement System of Texas (TRS) is seeking an independent compensation consultant under solicitation TRS000694 to provide objective, third-party expertise for the TRS Board and executive management. The selected contractor will be responsible for the development, review, and validation of compensation structures and performance plans for Board direct reports, including conducting annual evaluations of total compensation and providing independent recommendations for Executive Director performance pay. Key deliverables include target market reviews, assessments of performance pay plan designs, educational support on compensation strategies, and an annual compensation report. The contract is designed for an initial three-year term with two optional one-year renewals, and the basis of award is best value, weighted heavily toward performance detail, past performance, key personnel, and the proposed work plan. To be eligible, respondents must possess at least five years of experience in compensation analysis for financial or pension industries, working with Boards of Trustees, and developing executive incentive strategies for large public or non-profit organizations. The contractor must operate as an independent entity, adhering to strict compliance standards including Texas Government Code requirements for cybersecurity training, TX-RAMP certification, and the TRS Background Check Policy. Administrative requirements include submitting invoices and deliverables through the PAVES system, with payments issued within 30 days of an undisputed invoice. The contract is subject to the availability of state funds and requires the contractor to maintain specific insurance coverages and avoid any actual or potential conflicts of interest.

General Info

Teacher Retirement System of Texas seeks independent compensation consultant for executive pay analysis and governance alignment in Texas.

Agency

Teacher Retirement System of Texas

Place of Performance

TX, USA

Set-Aside

NONE

Documents

2

RFP Contract Draft ESBD_547565

DOCX, High priority: read this firstrfp
High

TRS000694 RFP Compensation Consultant Services

PDF, High priority: read this firstrfp
High

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyTeacher Retirement System of Texas
Contacts1 person available
OfficeTX, USA
Organization / Agency
Teacher Retirement System of Texas
Office AddressTX, USA
Contacts

Full Description

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To serve as an independent compensation consultant to the TRS Board. Contractor will provide objective, third-party expertise, including evaluation of market data, compensation structures, and performance plans for board direct reports and provide advisory services and compensation expertise to board members and TRS executive management.

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Miguel
Hillary
Keith Deutsch
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