This Solicitation opportunity from New York was posted on September 30, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Actuarial Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The Metropolitan Transportation Authority (MTA) is seeking proposals from qualified actuarial firms to provide comprehensive actuarial services related to its pension and retiree benefit plans, including the MTA Defined Benefit Pension Plan, MABSTOA Pension Plan, Metro-North Railroad Cash Balance Plan, Long Island Rail Road Plan for Additional Benefits, and the MTA Retiree Welfare Benefits Plan for Other Post-Employment Benefits. Additionally, the scope includes offering cost analysis services to support MTA Labor Relations during labor contract negotiations. The agency aims to select one or more firms capable of delivering these services over a three-year period, with an option to renew for an additional two years, at an estimated funding range of $5 million to $10 million. The solicitation process involves a pre-bid conference scheduled via MS Teams on November 3, 2025, and the deadline for proposal submissions is November 24, 2025. Interested firms must obtain bid documents free of charge, with registration through the MTA vendor portal, and must meet eligibility and qualification requirements outlined on the MTA procurement website. The contract is open to entities across all New York State counties, with past experience in similar contracts, such as Milliman Inc., being considered favorable. The services are essential for supporting the MTA’s pension and benefits administration, and the procurement emphasizes transparency and competitive bidding to ensure the selection of qualified firms capable of fulfilling the complex actuarial and analytical needs of the agency.
General Info
Agency
Place of Performance
All NYS counties, NY, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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