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Texas Teacher Retirement System·Texas

Enterprise Fraud Risk Program

Closes 11/20/2026$1.5M – $2.5MRequest for Proposal
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Description

The Teacher Retirement System of Texas (TRS) is seeking one or more qualified contractors to design, implement, and support an enterprise‑wide fraud detection and monitoring platform. The solution must integrate with existing TRS systems, cover defined fraud scenarios across procurement, pension, and paper‑based processes, and provide risk scoring, alerts, and reporting. Work includes implementation services, configuration, training, project management, and ongoing licensing/maintenance. Respondents may submit a comprehensive proposal covering all three statements of work or separate proposals for individual SOWs. The contract term is two years with up to four optional one‑year renewals, and the anticipated contract value is approximately $2 million. • Implement a fraud detection platform that integrates with TRS applications. • Support three SOWs: procurement fraud, pension fraud, and paper‑based fraud (consulting only or consulting + solution). • Provide configuration, training, project management, and ongoing maintenance/licensing. • Must demonstrate experience with fraud solutions in highly regulated environments and comply with SOC 2/ISO 27001 or equivalent security standards. • Pre‑proposal virtual conference on 23 Oct 2026 (non‑mandatory). • Questions due 20 Nov 2026; proposal deadline TBD.

Attached files

Contact

Carolyn Knowles

[email protected]

(512) 542-2964

Key dates

Opened
10/15/2026
Questions due
11/20/2026
Pre-bid meeting
10/23/2026
Closes
11/20/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Information Technology and Software Development
NAICS
541511
Solicitation №
TRS000718

Budget estimate

$1,500,000 – $2,500,000

The solicitation lists a contract value of $2,000,000. Considering the scope (software platform, integration, training, ongoing maintenance, and potential optional renewals), the award could realistically range from $1.5 million for a consulting‑only approach to $2.5 million for a full‑solution implementation with multi‑year licensing. Factors influencing the final amount include the number of SOWs awarded, optional renewals, and any additional custom features requested during negotiations.

AI estimate from the solicitation

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