CanadaBuys #AB-2026-05964

Actuarial Consulting Services for Insurance Reserve and Risk Financing Review

The City of Lethbridge is seeking an actuarial consultant to review its insurance reserve and risk financing strategy. - Government buyer: - City of Lethbridge (Procurement Office) - Vendors/OEMs: - No specific OEMs or vendors named in the solicitation - Services requested: - Actuarial consulting for insurance reserve assessment and risk financing strategy - Evaluation of the adequacy of the City's insurance reserves - Recommendations for risk financing options to improve financial stewardship - Unique requirements: - Expertise in actuarial review and risk management - Comprehensive analysis of corporate insurance program - Contract details: - Duration: Two months - Competitive open bidding process - No products or part numbers specified; focus is exclusively on professional consulting services

Description

This project involves engaging an actuarial consultant to assess the City's insurance reserve and corporate insurance program. The consultant will evaluate the adequacy of reserves and recommend risk financing options to enhance financial stewardship. The contract duration is 2 months, starting October 1, 2026. The procurement method is competitive open bidding, and the opportunity is located in Alberta.

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