Description
The Teacher Retirement System of Texas (TRS) seeks a qualified vendor to provide a commercial real‑estate information and analytics platform that will support TRS’s investment underwriting, market research, portfolio monitoring, benchmarking, and decision‑making activities. The contract will run for an initial five‑year term with an optional one‑year renewal, and the total estimated value is approximately $1.74 million. Vendors must demonstrate at least four years of experience delivering comparable real‑estate market analytics services and will be evaluated on past performance, personnel, technical approach, and pricing.
• Provide access to integrated commercial real‑estate data (property details, lease and sales comparables, market/sub‑market analytics).
• Deliver analytics, research, workflow tools, and reporting/export capabilities via an online platform.
• Include news, research commentary, and data verification services.
• Offer account management, onboarding, user training, and ongoing technical support.
• Minimum four‑year experience in similar services; proposals submitted through TRS’s PAVES system.
• Pre‑proposal virtual conference on 10/28/2026 (optional).
• Questions due 11/02/2026; proposal deadline 11/18/2026.
• Evaluation weights: Past Performance (30%), Key Personnel (10%), Performance Details (40%), Pricing (20%).