Washington Electronic Business Solution #2026-11262

GASB 75 OPEB Actuarial Services for Spokane Transit Authority

Spokane Transit Authority is seeking actuarial support for its retiree health benefits under GASB 75. - Government buyer: Spokane Transit Authority, a local agency in Spokane, Washington; no sub-agency or specific office is identified. - Requested service: OPEB actuarial services for the Authority’s retiree health benefit program. - Services must support the measurement, display, and recognition of Other Post-Employment Benefits (OPEB) expenses and liabilities in accordance with GASB Statement No. 75. - OEMs and vendors: No OEMs, vendors, or specific actuarial firms are named in the opportunity. - Products and quantities: No products, product part numbers, or quantities are specified. - Notable requirement: The actuarial work must comply with GASB 75.

Description

Spokane Transit Authority is seeking proposals from qualified firms or individuals to provide actuarial services for Other Post-Employment Benefits (OPEB). The services must comply with Governmental Accounting Standards Board No. 75 (GASB 75), which establishes standards for measuring, displaying, and recognizing OPEB expenses and liabilities associated with STA’s retiree health benefit program. Responses are due November 2, 2026.

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