Active SLED Opportunity · PENNSYLVANIA · PENNSYLVANIA
AI Summary
PSERS of Pennsylvania seeks law firms for investment counsel and related legal services on an ad hoc basis, with potential multiple awards based on evaluation criteria. Contracts may be sole source under certain conditions.
To satisfy a need for investment counsel and other related legal services that may arise on an ad hoc basis. Specifically, Executive Order 2015-2 provides that legal service or legal consultant contracts shall be awarded on a sole source basis only when it is clearly not feasible to utilize competitive bidding because of an urgency or need or other documented circumstances. At various times, PSERS has been required to manage investment matters including taking exigent action, where the complex legal, factual, and/or technical nature of the action necessitates the identification of outside counsel possessing specialized capabilities. PSERS has issued this RFP to select standing legal counsel(s) to aid in such emergent legal matters. For purposes of this RFP, PSERS will be making a limited multiple award to the highest evaluated Law Firms based upon the criteria set forth in this RFP.
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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