Dane County Opengov #2026-RFP-038-PR

Dane County Solicits Actuarial Valuation Services for OPEB Compliance

Dane County, Wisconsin is seeking actuarial firms to provide valuation services for Other Post Employment Benefits (OPEB) in compliance with GASB Statement 75. - Government Buyer: - County of Dane, Department of Administration, Controllers Office, Purchasing Division - Scope of Services: - Actuarial valuation services for OPEB liabilities related to health and dental insurance for approximately 2,800 employees and retirees - Bi-annual full valuations and interim valuations for fiscal years ending 2026, 2027, 2028, and 2029 - Calculation of actuarial accrued liabilities, plan assets, and annual required contributions - Products/Services Requested: - Full Valuation for year ending December 31, 2026 (1) - Interim Valuation for year ending December 31, 2027 (1) - Full Valuation for year ending December 31, 2028 (1) - Interim Valuation for year ending December 31, 2029 (1) - Unique/Notable Requirements: - Compliance with GASB Statement 75 - Experience with public sector OPEB actuarial valuations - Services must cover both health and dental insurance benefits - No specific OEMs or named vendors are referenced in the solicitation - Place of Performance and Contracting Office: - County of Dane Purchasing Division, City-County Building, Room 425, Madison, WI 53703

Description

Dane County, Wisconsin is soliciting proposals for actuarial valuation services to assist in the valuation of other post employment benefits (OPEB) as defined in Statement 75 of the Government Accounting Standards Board. The County requires determination of the actuarial accrued liability and the annual required contribution every two years, with an interim report between each biannual valuation. The contract will be administered by the Dane County Department of Administration, Controllers Office. Proposals must be submitted electronically by June 2, 2026.

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