North Orange County Regional Occupational Program Opengov #MA01725011806

County of Orange Awards Actuarial and Consulting Services Contract for Unemployment Insurance

This opportunity involves the County of Orange contracting with Oliver Wyman Actuarial Consulting, Inc. for specialized actuarial and consulting services related to the County's Unemployment Internal Service Fund (ISF 291). - Government Buyer: - County of Orange, County Executive Office - Human Resources/Employee Benefits, CPO/Procurement Services - OEMs and Vendors: - Oliver Wyman Actuarial Consulting, Inc. (primary and only vendor) - Services Requested: - Actuarial and consulting services for unemployment insurance - Biennial actuarial valuation reports - Financial modeling and funding strategy recommendations - Ongoing consultation and presentations - Deliverables include detailed reports and presentations - Key personnel: Senior Principal, Principal, Senior Manager, Manager, Consultant, Admin - Hourly rates range from $290 to $700 - Unique or Notable Requirements: - Focus on analysis and recommendations for the County's Unemployment ISF 291 - Biennial actuarial valuations due every even-numbered fiscal year - Not-to-exceed contract value of $38,238.50 over five years - Consulting services provided upon request throughout the contract term - Place of Performance and Delivery: - County Executive Office - Human Resources/Employee Benefits, 400 West Civic Center, Santa Ana, CA 92701

Description

The County of Orange has awarded a contract to Oliver Wyman Actuarial Consulting, Inc. for actuarial and consulting services related to unemployment insurance. The contract is active and spans from January 29, 2026, to January 27, 2031. The scope includes providing actuarial expertise and consulting support as detailed in the contract's attachments. The procurement is managed by the County Executive Office - CPO, with contact Robert Esparza as the Procurement Contract Analyst.

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