Alberta Purchasing #COL-26-148

City of Lethbridge RFP for Actuarial Review of Insurance Reserve and Risk Financing Strategy

The City of Lethbridge, Alberta, is seeking actuarial consulting services to review its insurance reserve and risk financing strategy. - Government Buyer: - City of Lethbridge (Alberta, Canada) - Requested Services: - Actuarial review of the City's insurance reserve and corporate insurance program - Assessment of the adequacy of insurance reserves - Recommendations for reserve and risk financing options to improve financial stewardship - Products/Services Details: - No specific OEMs, vendors, part numbers, or product quantities are mentioned - Service falls under financial and insurance audit services (commodity code 7608) - Unique/Notable Requirements: - Focus on actuarial expertise and financial risk assessment - Open-competitive procurement; proposals must be submitted via the designated online portal

Description

This project seeks to engage an actuarial consultant to assess the City's insurance reserve and Corporate insurance program. The consultant will evaluate the adequacy of the insurance reserves and recommend reserve and risk financing options. The goal is to strengthen financial stewardship within the insurance program. Proposals are to be submitted via the specified online portal by the closing date.

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