Specifications include, but are not limited to: The Texas State University System (“TSUS”, “System”) and it’s component Institutions (“Component(s)”) through this Request for Proposals (“RFP”) is seeking an investment consultant, dually licensed and registered under the Investment Advisors Act of 1940 (15 U.S.C. Section 80b-1 et seq.), to provide investment oversight of the Endowment and/or Operating Funds of the System and its Components. This solicitation sets forth, at a minimum, the specifications, terms, conditions, and requirements to be considered for this solicitation. TSUS and its Components will select the Proposal that offers the “best value” for the institutions based on the published selection criteria and on its ranking evaluation of submitted proposals. Prospective entities submitting their proposals in response to this solicitation are called “Respondents”, “Vendor”, or “Proposers” herein.