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Texas Comptroller Of Public Accounts·Texas

Request for Proposals for Outside Legal Counsel for the Texas Prepaid Higher Education Tuition Board

Closes 6/10/2026$100k – $500kRequest for Proposal
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Description

The Texas Comptroller of Public Accounts is seeking outside legal counsel to provide legal services to the Texas Prepaid Higher Education Tuition Board. The selected respondent will provide services on an as-needed basis in areas such as federal and state securities, contracts, intellectual property, and fiduciary responsibility. The contract is expected to commence on September 1, 2026, and will have an initial term of 24 months, with two optional renewal periods of 12 months each. The respondent must be able to attend and prepare presentations at Board meetings and meetings with Comptroller's staff in Austin, Texas. Some key points to consider include: • The respondent must have experience in representing governmental entities in similar matters involving Section 529 qualified tuition plans and ABLE programs. • The respondent must be able to invoice each Plan or Program separately for work performed. • The respondent must comply with the Outside Legal Counsel Billing Guidelines. • The respondent must provide a completed VetHUB Subcontracting Plan. • The respondent must confirm their ability to comply with the policies, directives, and guidelines of the Board and Comptroller.

Attached files

Contact

Vicki Rees(Contracts Section)

[email protected]

(512) 305-8673

Key dates

Opened
5/14/2026
Questions due
5/27/2026
Closes
6/10/2026
Projected award
8/31/2026
Duration
24 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541110
Solicitation №
240n

Budget estimate

$100,000 – $500,000

Based on the provided information, the estimated budget for this opportunity can be estimated. The document mentions a value of $165,000, which might be the estimated budget for the contract. However, without more specific information about the scope of work, the number of hours required, and the hourly rates, it is difficult to provide a precise estimate. Considering the initial contract term of 24 months and two optional renewal periods of 12 months each, the total contract duration could be up to 48 months. Assuming an average hourly rate of $200-300 per hour for legal services, the total budget could range from $100,000 to $500,000 or more, depending on the actual hours worked and the hourly rates. Factors that may influence the likely payment range include the complexity of the legal services required, the experience and qualifications of the selected respondent, and the level of competition among bidders.

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