Bid guide
How to bid on Compensation Consultant Services for the Teacher Retirement System
What the agency is buying
The Teacher Retirement System of Texas needs an independent compensation consultant. This role involves providing expert advice on compensation matters to the TRS Board and executive management. The consultant will review market data, compensation structures, and performance plans for individuals who report directly to the board.
This opportunity is valued at an estimated $725,000. It is a chance for a qualified firm to provide specialized professional services to a state agency.
Key dates and what happens at the deadline
The solicitation was published on August 08, 2026. The deadline for submitting your response is September 08, 2026, at 6:00 PM ET. All submissions must be received by this time.
It is important to submit your response well before the deadline to avoid any last-minute technical issues. Late submissions are typically not accepted.
Who this opportunity suits
This opportunity is suitable for professional services firms specializing in compensation consulting. Vendors should have expertise in evaluating market data, designing compensation structures, and developing performance plans, particularly for executive and board-level positions.
The relevant category for this work is professional services, specifically compensation consulting.
How to respond
To access the full solicitation documents, you need to go to the Texas Electronic State Business Daily (ESBD). The solicitation number is TRS000694. Viewing the posting and its associated documents is public and does not require an account.
Once you have reviewed the full posting, follow the specific instructions provided within the solicitation for submitting your response before the deadline. For any questions, you can contact Dietrich Sanders.
Tips for preparing a competitive response
When preparing your response, clearly demonstrate your firm's experience with similar compensation consulting projects, especially those involving public sector boards or large organizations. Highlight your methodology for market data analysis and your approach to developing compensation structures and performance plans.
Ensure your proposal directly addresses all requirements outlined in the solicitation. Pay close attention to any requested examples of past work or client references. A well-organized and concise proposal that clearly articulates your value proposition will be more competitive.
See the live bid — deadline, agency details, and how to respond
Dates and requirements can change via addenda; always verify on the bid page and at the original source before responding.
View this bid on BiddingSimpleThis guide was prepared by BiddingSimple from the solicitation’s public posting. It is not official guidance from Teacher Retirement System; the original posting controls.