Oklahoma Supplier Systems #EV00000974

Oklahoma Legislative Service Bureau seeks actuarial consulting services for pension legislation analysis

Oklahoma's Legislative Service Bureau is seeking actuarial consulting services to support the analysis of pension-related legislation. - Government Buyer: - Legislative Service Bureau (LSB), acting on behalf of the Oklahoma Legislature - Services Requested: - Actuarial consulting for public retirement systems - Fiscal and non-fiscal certification statements for proposed and amended retirement legislation - Actuarial investigations upon request - Analysis of amendments for fiscal impact - Requirements: - Vendor must be a member of the American Academy of Actuaries, an Associate or Fellow of the Society of Actuaries, or an enrolled actuary - Substantial experience with large public retirement systems required - Preference for firms with at least five consecutive years of relevant experience - Must have served as actuary of record for public pension systems with assets or membership comparable to or greater than Oklahoma's plans - Timely delivery of written certifications (within two weeks) and investigations (by December 1 or as agreed) - Maintain confidentiality and comply with Oklahoma law - Accessibility of primary and secondary staff contacts - Pricing must be detailed by hourly rates and roles - Disclosure of any subcontracting arrangements - No specific OEMs or vendors are named in the solicitation - No product part numbers or quantities; this is a service contract

Description

The Office of Management and Enterprise Services (OMES) Central Purchasing division is seeking responses on behalf of the Legislative Service Bureau from potential suppliers to provide actuarial services as required by the Oklahoma Pension Legislation Actuarial Analysis Act. The contract may be designated for use as a statewide contract. The services include actuarial analysis of all legislation and amendments proposed and considered by the Legislature that could fiscally impact state administered public pension systems.

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