Securities Litigation Consultant

Agency: State Government of Pennsylvania
State: Pennsylvania
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
  • 541690 - Other Scientific and Technical Consulting Services
Posted Date: Sep 17, 2021
Due Date: Oct 18, 2021
Solicitation No: PSERS RFP 2021-3
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General Information
Department for this solicitation: Procurement
Date Prepared: 09/17/21 Types: RFP
Advertisement Type:
Service Materials Service & Materials PW Construction Agency Construction Real Estate
Solicitation/Project#: PSERS RFP 2021-3 Solicitation/Project Title: Securities Litigation Consultant
Description: The PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM (PSERS) seeks to contract with an outside firm to advise PSERS on matters related to securities litigation, with particular reference to litigation under the Private Securities Litigation Reform Act of 1995 (“PSLRA”). All firms, including non-law firms, are invited to submit a proposal.
Department Information
Department/Agency: Public School Employees Retirement System Delivery Location: 5 N 5Th Street Harrisburg Pa 17101
County: Statewide Duration: 12 months
Contact Information
First Name: Cathy Last Name: Gusler
Phone Number:
(XXX-XXX-XXXX)
717-720-4889 Email: cgusler@pa.gov
Solicitation Information
Bids must be received by the purchasing agency on the Solicitation Due Date no later than the Solicitation Due Time as set forth in the solicitation. Any conflict between the dates and/or times contained in the solicitation itself or its attachments and this advertisement shall be resolved in favor of the solicitation.

Solicitation Start Date: 09/17/21
Solicitation Due Date: 10/18/21 Solicitation Due Time: 4:00 PM
Solicitation Opening Date: 10/19/21 Solicitation Opening Time: 9:00 AM
Opening Location: Public School Employees Retirement System Psers 5 N 5Th Street Harrisburg Pa 17101
No. of Addendums: 0
Amended Date: 09/17/21
Related Solicitation Files

Flyers/Addendums
PSERS RFP 2021-3_Securities_Litigation_Consultant Final.pdf
PSERS RFP 2021-3_Securities_Litigation_Consultant Final.docx


Go to Solicitation Tabulations No Tabulations exist for PSERS RFP 2021-3.
Go to Awards No Awards exist for PSERS RFP 2021-3.
Go to Contracts No Contracts exist for PSERS RFP 2021-3.

Attachment Preview

REQUEST FOR PROPOSALS FOR
Securities Litigation Consultant
ISSUING OFFICE
COMMONWEALTH OF PENNSYLVANIA
PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM (PSERS)
5 NORTH 5TH STREET, HARRISBURG, PA 17101-1905
PSERS RFP 2021-3
DATE OF ISSUANCE
September 17, 2021
Small Diverse Business (SDB) and Veteran Business Enterprise (VBE) Participation. The
Issuing Office and the Department of General Services’ Bureau of Diversity, Inclusion and Small
Business Opportunities (BDISBO) has not set Small Diverse Business (SDB) and/or Veteran
Business Enterprise (VBE) participation goals for this procurement. This procurement is either
under the $250,000 threshold for setting SDB and VBE Participation goals, or the Issuing Office
and BDISBO have determined that the SDB and/or VBE participation opportunities for the scope
of work for this procurement are de minimis. In addition, there will be no points allocated toward
SDB/SB participation for this procurement.
i
REQUEST FOR PROPOSALS FOR
Securities Litigation Consultant
PSERS RFP 2021-3
TABLE OF CONTENTS
CALENDAR OF EVENTS
iv
Part I—GENERAL INFORMATION
1
Part II—CRITERIA FOR SELECTION
9
Part III—TECHNICAL SUBMITTAL
12
Part IV – COST SUBMITTAL
16
Part V – CONTRACT TERMS AND CONDITIONS
18
Contract for Legal Services including contract Appendices A-K
ii
APPENDICES
APPENDIX A, PROPOSAL COVER SHEET
APPENDIX B, DOMESTIC WORKFORCE UTILIZATION CERTIFICATION
APPENDIX C, SECURITIES LITIGATION POLICY OF THE PUBLIC SCHOOL EMPLOYEES’
RETIREMENT BOARD
APPENDIX D, CONTRACT FOR LEGAL SERVICES INCLUDING CONTRACT APPENDICES
A-K
APPENDIX E, IRAN FREE PROCUREMENT CERTIFICATION
APPENDIX F, TRADE SECRET CONFIDENTIAL PROPRIETARY INFORMATION NOTICE
FORM
iii
CALENDAR OF EVENTS
The Commonwealth will make every effort to adhere to the following schedule:
Activity
Deadline to submit Questions via email to cgusler@pa.gov
Responsibility
Potential
Offerors
Date
September 27,
2021
Answers to Potential Offeror questions posted to
eMarketplace
at
http://www.emarketplace.state.pa.us/Search.aspx no later
than this date.
Issuing Office
October 4, 2021
Please monitor website for all communications regarding the
RFP.
Sealed proposal must be received by the Issuing Office at
Public School Employees’ Retirement System
ATTN: Cathy Gusler
5 North 5th Street
Harrisburg, PA 17101
Potential
Offerors
Offerors
October 18, 2021
iv
PART I
GENERAL INFORMATION
I-1. Purpose. This request for proposals (RFP) provides to those interested in submitting proposals for
the subject procurement (“Offerors”) sufficient information to enable them to prepare and submit
proposals for the Commonwealth of Pennsylvania, Public School Employees’ Retirement System’s
(“PSERS”) consideration on behalf of the Commonwealth of Pennsylvania (“Commonwealth”) to
satisfy a need for Securities Litigation Consultant (“Project”). This RFP contains instructions
governing the requested proposals, including the requirements for the information and material to be
included; a description of the service to be provided; requirements which Offerors must meet to be
eligible for consideration; general evaluation criteria; and other requirements specific to this RFP.
I-2. Issuing Office. PSERS (“Issuing Office”) has issued this RFP on behalf of the Commonwealth. The
sole point of contact in the Commonwealth for this RFP shall be Cathy Gusler, 5 North 5th Street,
Harrisburg, PA 17101, cgusler@pa.gov, the Issuing Officer for this RFP. Please refer all inquiries
to the Issuing Officer.
I-3. Overview of Project. Pursuant to the Securities Litigation Policy of the Public School Employees’
Retirement Board (“Policy”), a copy of which is attached hereto as Appendix C, PSERS seeks to
contract with not more than two (2) Consultants to advise PSERS on matters related to United States
and foreign securities litigation, including assisting PSERS in analyzing its interest in both pending
and potential securities litigation based upon PSERS’ holdings and exposure during the relevant
periods, including identification of the specific benefit to PSERS in pursuing litigation, verification
of loss calculations, risk and value assessment, damage estimates, and recovery projections.
Additional detail is provided in Part III (Technical Submittal) of this RFP.
I-4. Objectives.
A. General. This RFP provides interested offerors with sufficient information to enable them
to prepare and submit proposals for consideration by the Commonwealth of Pennsylvania to
satisfy a need for a consultant to advise PSERS on matters related to securities litigation
with particular reference to litigation under the Private Securities Litigation Reform Act of
1995 (“PSLRA”).
B. Specific. PSERS seeks to contract with an outside firm to advise PSERS on matters related
to securities litigation. All firms, including non-law firms, are invited to submit a proposal.
I-5. Type of Contract. It is proposed that if the Issuing Office enters into a contract as a result of this
RFP, it will be a fixed price or unit price contract containing the Contract Terms and Conditions as
shown in Part V. The Issuing Office, in its sole discretion, may undertake negotiations with Offerors
whose proposals, in the judgment of the Issuing Office, show them to be qualified, responsible and
capable of performing the Project.
I-6. Rejection of Proposals. The Issuing Office reserves the right, in its sole and complete discretion, to
reject any proposal received as a result of this RFP.
1

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