CalSTRS uses the Alternative Solicitation method to support investment operations and assist in the implementation of its investment strategy. External investment managers are a typical solicited service.

The Investments Branch uses the Alternative Solicitation method when:

• There are standard sources of information for identifying potentially qualified candidates.
• The products and services needed are customary in the industry.

Sources Of Qualified Candidates

CalSTRS uses commonly available, industry standard tools, databases, and processes to identify candidates by specialty.

Asset Classes Available For Alternative Solicitation

The Alternative Solicitation method is used to secure external investment managers for CalSTRS Fixed Income and Global Equity classes.

Notification of Available Alternative Solicitations

In addition to advertising Alternative Solicitations and other business partnership opportunities on this Web site, advertisements are posted on the State of California eProcurement Web site.

Alternative Solicitation Award

Notices of Intent to Award for all Alternative Solicitation procurements are posted on this Web site and are available at CalSTRS Headquarters.

Protesting an Alternative Solicitation Award

Solicitors may challenge the award if they believe the solicitation requirements are restrictive, unclear or believe they should have been selected for the award.

• Protests must be filed during the five (5) business days following the date the Notice of Intent to Award is posted.
• Within five (5) business days after filing a protest, the protesting party must file a full and complete written statement specifying the grounds for protest.
• Protests must be made in writing and delivered to CalSTRS Contract Services at the address in the solicitation advertisement.

The protest process is the same as for other types of purchasing methods.

Information for Business Partners
Business Partnership Opportunities
Business Partnership Opportunity Awards