Retirement Plan Investment Advisory Services

The Housing Authority of the City of San Antonio, operating as Opportunity Home San Antonio, is seeking qualified investment advisory firms to manage the Investment Advisory Services for its Employee’s Money Purchase Pension Plan and Trust. Proposals must be submitted electronically via the Opportunity Home Bonfire E-Procurement portal by June 3, 2026, at 2:00 p.m. San Antonio local time, with no paper submissions accepted. The solicitation, identified by number 2605-5686, is governed under NAICS code 523940 and follows a best-value trade-off evaluation process rather than lowest-price technically acceptable. Proposals will be scored out of 100 points based on five weighted factors: Experience and Capacity of Consultant (35 points), Fees/Cost (20 points), Quality and Methodology (20 points), Disclosures and Financial Capability (15 points), and Methods for Selection and Performance Evaluation of Investment Managers (10 points). Evaluators will assess the firm’s prior experience working with housing authorities or government pension plans, familiarity with Texas pension regulations, financial stability, absence of litigation or disciplinary actions, and robust methodologies for manager selection and fee management. Contractors must comply with HUD Section 3 regulations, which require a minimum of 10% subcontracting to Section 3 businesses and that 25% of labor hours be performed by Section 3 workers, including 5% from Targeted Section 3 workers. Firms must demonstrate ownership and workforce data through attachments including the Profile of Firm, Subcontractor Listing, and S/W/MBE Utilization Statement, and submit supporting documentation such as IRS forms, labor hour logs, and Section 3 Worker Verification Forms if affirmative responses are provided on certifications. All offerors must file Form 1295 with the Texas Ethics Commission, disclose any conflicts of interest, and certify under penalty of perjury compliance with federal, state, and local laws, non-collusion, and no bribery. The contract has an initial one-year term with an option for up to four additional one-year renewals, contingent on notice provided at least 30 days prior to expiration. Performance location is implied to be in San Antonio, Texas, with deliverables subject to review and acceptance by the Housing Authority at the destination, where acceptance is automatic after 30 days unless rejected in writing. Contractors must adhere to strict confidentiality rules, prohibit liens on HA property, maintain independent contractor status, and ensure