New York State Contract Reporter #2140245

New York State proposes six-month extension of Aon actuarial and benefits consulting services

New York State is seeking a six-month continuation of actuarial and benefits management consulting services for public-sector benefit obligations. - Buyer: New York State Department of Civil Service, Office of Financial Administration. - Incumbent vendor: Aon Consulting, Inc., under existing Contract #C000746. - Services: Actuarial and Benefits Management Consulting (ABMC), including actuarial valuation and reporting to meet GASB 74 and GASB 75 requirements. - Extension: Six months, continuing the existing contract; the notice describes a 5.5-year contract term. The extension start date is not specified. - Procurement characteristic: The extension is proposed under a single-source exemption from competitive advertising. - Products, quantities, and part numbers: None specified.

Description

The Department of Civil Service is extending its existing Contract #C000746 with Aon Consulting, Inc. for Actuarial and Benefits Management Consulting (ABMC) Services for an additional six months, through June 30, 2028. The extension continues actuarial consulting services, including GASB 74 and 75 actuarial valuation and reporting requirements. The notice states that the Office of the State Comptroller granted an exemption from competitive advertising based on procurement development circumstances and a change in scope, subject to required contract approvals.

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