Alberta Purchasing #AB-2026-06392

Actuarial Consulting Services for Retirement Liability Estimation

Sturgeon County, Alberta, is seeking actuarial consulting services to estimate its retirement liability for annual financial statement audits. - Government Buyer: - Sturgeon County, Corporate Finance and Treasury department (Alberta, Canada) - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Products/Services Requested: - Actuarial consulting services to estimate future employee post-retirement liability - Service includes complex actuarial computations using various assumptions and parameters - The actuarial valuation will serve as a standard for future estimations and is required every 3 to 4 years - Unique or Notable Requirements: - Actuarial review must support annual financial reporting and be performed every 3 to 4 years - No products, part numbers, or hardware/software solutions are specified - Responses must be submitted electronically via the Sturgeon County e-submission portal

Description

Sturgeon County requires actuarial services to perform an estimate for the County's retirement liability as part of its Annual Financial Statement Audit. The work involves complex computations using various assumptions to determine the future employee post-retirement liability for financial reporting. The actuarial valuation is expected to be used as a standard for future estimations and supports the County's annual financial reporting. The County intends to have an actuarial review performed every 3 to 4 years.

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