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Actuarial Consulting Services

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State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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This subcontract opportunity for Actuarial Consulting Services supports prime contractors working on risk management projects for the County of Los Angeles Chief Executive Office. The selected provider will be responsible for conducting actuarial valuations, loss forecasting, and financial risk modeling to evaluate risk and establish appropriate funding levels for self-insured programs. Key deliverables include the production of detailed actuarial reports and comprehensive financial projections. The project is based in Los Angeles, California, and falls under NAICS code 541990. Interested parties must submit their responses by the deadline of December 31, 2026. This engagement is specifically designed to provide specialized financial analysis and risk assessment expertise to ensure the stability and efficiency of the agency's risk management initiatives.

General Info

Actuarial consulting for LA County risk management projects due by December 31, 2026.

Documents

This scope was carved out of CAC 2016-01.

The full solicitation package (7 documents), including the RFP, is on the prime solicitation, not on this scope.

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Risk Management and Insurance Consulting Services

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Organization & Contact Information

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AgencyCalifornia → Department of Chief Executive Office
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs actuarial studies for prime contractors on County of Los Angeles Chief Executive Office risk management projects. Conducts actuarial valuations, loss forecasting, and financial risk modeling to analyze risk and determine funding levels for self-insured programs. Delivers actuarial reports and financial projections.

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Same NAICS industry code

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Same awarding agency

NAICS: 541618
SLED
Risk Management and Insurance Consulting Services
Solicitation # CAC 2016-01
The County of Los Angeles, through the Department of Chief Executive Office, is soliciting Statement of Qualifications under RFSQ CAC 2016-01 to establish a Master Agreement for Risk Management and Insurance Consulting Services. This agreement creates a pool of qualified vendors capable of providing a broad range of services, including actuarial studies, risk management information systems, occupational health projects, workers compensation claims programs, loss control and prevention, and commercial insurance consulting. The selection process is two-tiered: vendors are first qualified for the Master Agreement based on minimum experience and a threshold requirement to support the County's GAIN or GROW programs, and are subsequently awarded specific Work Orders based on the highest-rated bid considering qualifications, approach, cost, and quality control. The contract emphasizes strict compliance with local ordinances, including the Jury Service Program and Fair Chance Employment Hiring Practices. Preference is given to certified Disabled Veteran Business Enterprises, Service Disabled Veteran Owned Small Businesses, and Local Small Business Enterprises. For services involving SaaS, contractors must maintain daily off-site backups with a two-hour recovery time objective. Administrative requirements include the use of electronic funds transfer for payment, with expedited fifteen-day payment terms available for certified LSBEs. All work and invoicing must be approved by the County's Work Order Director, and performance is monitored at least annually to ensure compliance with the Master Agreement's terms and quality assurance standards.
Other Management Consulting Services

POSTED

3 months ago

DEADLINE

in about 2 months
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