Executive Search Firm Services - Bid Q26003486 - Oahu, HI IFB 2026

Bid #Q26003486. Contact: kalbert.young@hawaii.gov. Budget & Finance, Oahu, Hawaii. The Employees’ Retirement System of the State of Hawaii is seeking proposals from executive search firms to recruit a Chief Investment Officer (CIO). The firm will. Due Jul 24 (2 weeks left).

What this bid is about

The Employees’ Retirement System of the State of Hawaii is seeking proposals from executive search firms to recruit a Chief Investment Officer (CIO). The firm will manage the entire recruitment process, from advertising to final selection, for a position overseeing approximately $25 billion in assets. Offerors must demonstrate significant experience in executive searches for large organizations and have conducted at least three similar searches in the past five years. The services will be performed in Honolulu, Hawaii.

About this solicitation

The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. Comments: The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (“ERS Board”) seeks to engage a qualified executive search firm to assist in the recruitment and selection of a Chief Investment Officer (“CIO”) for the Employees’ Retirement System of the State of Hawaii (“ERS” or “System”). This Request for Quotation (“RFQ”) solicits proposals from executive search firms with demonstrated expertise in recruiting senior investment executives for public pension plans, institutional investors, or similar organizations. The selected firm will provide comprehensive executive search services and support the ERS Board throughout the CIO recruitment and selection process. Services will be performed in support of the ERS offices located at City Financial Tower, 201 Merchant Street, Suite 1400, Honolulu, Hawaii 96813. Please Refer to sections 2. Scope of Work through section 12. RFQ Evaluation Criteria for detailed description and important information regarding this procurement. This is an electronic solicitation. Offered through HIePRO, State of Hawaii eProcurement (hiepro.ehawaii.gov).

Bid documents

The agency published these 4 documents with the solicitation:

  • ERS Confidentiality_Agreement.pdf
  • 2026 Exec Search Services CIO RFQ2026 100 final 06242026.pdf
  • AG-008 103D General Conditions (1.10.23).pdf
  • public-display-solicitation.html

Bid summary

Budget & Finance issued this furniture and equipment opportunity in Oahu, Hawaii, referenced as solicitation number Q26003486. It was published on June 24, 2026, and responses are due by July 24, 2026. Questions can be directed to kalbert.young@hawaii.gov.

Public procurement context

Budget & Finance in Oahu, Hawaii is using this solicitation to procure furniture work. Public buyers typically advertise this kind of work as an Invitation for Bids (IFB), Request for Proposals (RFP), or Request for Qualifications (RFQ), depending on whether the selection is price-driven, qualifications-driven, or both. Bidders responding to a furniture solicitation in Hawaii are generally expected to provide proof of liability insurance and workers' compensation coverage, hold any state license or trade certification required for the scope of work, and post performance and payment bonds for contracts above the agency's threshold.

Contracts of this type are usually awarded under the issuing agency's published procurement rules, with bid bond, performance bond, and reference requirements set in the solicitation documents. PublicBidSearch indexes this solicitation alongside other open bids in Hawaii so contractors and vendors can compare active opportunities by category, agency, or location without monitoring each procurement portal individually.

How to respond to this IFB

To submit a bid for this IFB, review the full solicitation documents for Budget & Finance's exact scope of work, submission format, and any mandatory pre-bid meeting or site visit. Responses must be received before the July 24, 2026 deadline — public agencies routinely reject late submissions regardless of cause. Confirm how the agency accepts responses — through an electronic procurement portal, as a sealed hard-copy bid, or by email — because the required method varies by agency and a non-conforming submission can be disqualified. Direct questions about scope or specifications to kalbert.young@hawaii.gov before the agency's question cut-off date. Vendors that have not previously contracted with Budget & Finance should confirm whether registration on the agency's vendor system is required to be eligible for award.

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