Award
County of Orange Opengov #MA01725011806
UNEMPLOYMENT INSURANCE ACTUARIAL AND CONSULTING SERVICES
Recipient
Oliver Wyman Actuarial Consulting, Inc.
Awarded
January 29, 2026
Identifier
MA01725011806
The County of Orange, California, through its County Executive Office - Human Resources/Employee Benefits division, awarded a contract to Oliver Wyman Actuarial Consulting, Inc., a Delaware corporation, for actuarial and consulting services related to the County's Unemployment Internal Service Fund (ISF 291). The contract includes actuarial valuation reports every two years starting January 1, 2026, with detailed liability estimates, funding recommendations, and projections for multiple fiscal years. Consulting services encompass financial analysis, modeling, and impact assessments of federal and state statutory changes on the County's self-insured unemployment program. Deliverables include draft and final reports, presentations to County management, and ongoing consultation. The contract specifies hourly rates for various personnel categories, with a total fee not to exceed $38,238. The place of performance and delivery is primarily at the County Executive Office located at 400 West Civic Center Drive, Santa Ana, CA 92701. The contract term is five years from the effective date. Unique contract requirements include detailed insurance and indemnification provisions, confidentiality obligations, compliance with laws, and specific reporting and audit rights. The contract also outlines strict non-discrimination, conflict of interest, and drug-free workplace policies. Payment terms specify invoicing in arrears with net 30-day payment terms, and the County offers electronic funds transfer as a payment option.
Description
Contract between County of Orange and Oliver Wyman Actuarial Consulting, Inc. for actuarial and consulting services related to unemployment insurance. The contract is ongoing with a start date of January 29, 2026, and an end date of January 27, 2031. The procurement is managed by Robert Esparza, Procurement Contract Analyst, for the County of Orange. The contract includes legal management software and various legal services classifications.