# Wisconsin Vendornet Platform #GASB752024-2025

City of Fitchburg GASB 75 OPEB actuarial valuation

**Posted:** October 05, 2026
**Respond By:** October 29, 2026
**Identifier:** GASB752024-2025
**NAICS:** 524298

The City of Fitchburg is seeking actuarial services to value its Other Postemployment Benefits (OPEB) under GASB 75.
- **Government buyer:** City of Fitchburg, Wisconsin; local government in Dane County. No sub-agency or office is identified.
- **Requested service:** One GASB 75 OPEB actuarial valuation for the 2024–2025 measurement period. No product, part number, or OEM is requested.
- **Scope:** Review plan, participant, benefit, financial, and historical data; identify data gaps; document actuarial assumptions and methods; calculate required benefit and liability measures; analyze liability trends and scenario impacts; prepare financial reporting schedules and a written report; coordinate with independent auditors; and discuss or present results if requested.
- **Notable requirements:** Demonstrated governmental OPEB and GASB 75 expertise, appropriate actuarial credentials, professional liability insurance, confidentiality and data safeguards, and at least three comparable-project references. The stated maximum budget is $5,000.
- **Named entities:** No actuarial vendors or OEMs are identified. The reference valuation names the City of Fitchburg’s Postretirement Health Plan and the Quartz Unity Plan; these are reference-plan details, not products being procured.

### Description

The City of Fitchburg, Wisconsin is requesting proposals from qualified actuarial firms to perform an OPEB actuarial valuation in accordance with GASB Statement No. 75. The work covers the 2024–2025 measurement period and includes liability calculations, actuarial assumptions and methods, scenario analysis, financial reporting support, auditor coordination, and a written valuation report. The City requires the final report before March 15, 2027, and states that its budget for the engagement does not exceed $5,000. Proposals are due October 29, 2026, at 11:00 AM.

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