City of Mississauga Bidsandtenders #PRC005468

City of Mississauga RFP for Actuarial Benefit Review Services

The City of Mississauga is soliciting proposals for Actuarial Benefit Review Services to support its employee benefits programs. - Government Buyer: - City of Mississauga - Scope of Services: - Actuarial calculation of employee benefits-related liabilities, including: - Workplace Safety Insurance Board (WSIB) liabilities - Non-pension early retirement benefit liabilities - Post employment benefit liabilities - Accumulated sick leave benefit liabilities - Long-term disability liabilities - Provide proposed rate premium recommendations by business area for each benefit type - Conduct a full assessment for the year ending December 31, 2026 - Extrapolate results for the following two years - Contract Details: - Initial term of three years, with the possibility of extension for up to three additional years - Subcontractors and subconsultants are not permitted - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Unique Requirements: - Supplier must perform all work directly (no subcontracting) - Services must cover a comprehensive range of employee benefit liabilities

Description

This Request for Proposal (RFP) issued by The City of Mississauga invites bids for Actuarial Benefit Review Services. The supplier will calculate employee benefits-related liabilities including WSIB, non-pension early retirement benefits, post employment benefits, accumulated sick leave benefits, and long-term disability liabilities. The contract term is three years from approximately August 15, 2026, to August 14, 2029, covering assessments for 2026 and extrapolations for 2027 and 2028. The contract may be extended for up to three additional years under the same terms and conditions with successful price negotiations.

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