Opportunity

Washington Electronic Business Solution #911471604

WSRMP Solicits Actuarial Services for Multi-Year Term

Posted

June 24, 2023

Respond By

June 24, 2023

Identifier

911471604

NAICS

541690

This opportunity is issued by the Washington Schools Risk Management Pool (WSRMP) for actuarial services over a multi-year period. - Government Buyer: - Washington Schools Risk Management Pool (WSRMP) - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Products/Services Requested: - Actuarial services for a three-year base term, with two possible one-year extensions - Deliverables include: - Four quarterly solvency reports per year - Annual rate-setting report - History of losses and experience modification factors for each member - Other actuarial services as needed - Unique or Notable Requirements: - Services focus on accounting, auditing, budget consulting, and finance/economics consulting - No unique inclusion plan requirements specified

Description

Washington Schools Risk Management Pool (WSRMP) is soliciting proposals from qualified firms to perform actuarial services for a three-year term commencing September 1, 2026, with an option for two additional single-year terms. The selected actuarial firm will conduct four quarterly solvency reports, a rate-setting report as of the end of February, a history of losses and experience modification factors for each member in March, and other services as requested. The solicitation includes commodity codes related to accounting, auditing, budget consulting, and finance/economics consulting. There is no inclusion plan required for this solicitation.

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