Pennsylvania eMarketplace #RFP2026-1

PSERS Solicits Investment Counsel and Legal Services for Investment Portfolio

The Commonwealth of Pennsylvania's Public School Employees' Retirement System (PSERS) is seeking law firms to provide investment counsel and related legal services for its investment portfolio. - Government Buyer: - Commonwealth of Pennsylvania, Public School Employees' Retirement System (PSERS) - Bureau of Administration, Procurement Division - Scope of Services: - Investment counsel and legal services on an as-needed (ad hoc) basis - Legal review, negotiation, and consultation for PSERS' investment activities - Support for emergent and complex legal matters related to investments - Other related legal work as designated by PSERS - Contract Structure and Requirements: - Limited multiple award to highest evaluated law firms - Five-year base contract with option to renew for up to five additional years - Requirements contract; firms may be engaged via appointment letters - Small Diverse Business (SDB) and Veteran Business Enterprise (VBE) participation goals for engagements over $250,000 - Detailed SDB/VBE participation and reporting requirements - Locations: - Primary place of performance and contracting office: PSERS, 5 North 5th Street, Rm117-1, Harrisburg, PA 17101 - Services may be applicable statewide - No OEMs or product vendors are named, as this is a professional legal services procurement.

Description

This solicitation is a Request for Proposals (RFP) issued by the Public School Employees' Retirement System (PSERS) of the Commonwealth of Pennsylvania. It seeks law firms to provide investment counsel and related legal services on an ad hoc basis, particularly for emergent legal matters involving complex investment issues. The procurement will result in a limited multiple award to the highest evaluated law firms based on specified criteria. The contract duration is three years, and services will be provided primarily in Harrisburg, PA, with statewide applicability.

View original listing