Award
Hot Springs HS-26-048
GASB 75 Actuarial Services
Recipient
The Howard E. Nyhart Company, Incorporated
Awarded
August 19, 2026
Identifier
HS-26-048
The City of Hot Springs awarded a contract for GASB 75 Actuarial Services to The Howard E. Nyhart Company, Incorporated. The contract involves actuarial valuation of OPEB in compliance with GASB 75 standards, with a one-year term and possible extensions.
Description
The City of Hot Springs issued a Request for Statement of Qualifications (SOQ) for GASB 75 Actuarial Services to perform actuarial valuation of Other Post-Employment Benefits (OPEB) in compliance with GASB Statement No. 75. The scope includes data collection, actuarial valuation, reporting, disclosures, recommendations, and support. The contract term is one year with the possibility of four one-year extensions. The City intends to award the contract to The Howard E. Nyhart Company, Incorporated.