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 is seeking proposals from qualified actuarial firms to provide comprehensive actuarial services related to its various pension and benefit plans, including the MTA Defined Benefit Pension Plan, MABSTOA Pension Plan, Metro-North Railroad Cash Balance Plan, Long Island Rail Road Benefits Plan, and the MTA Retiree Welfare Benefits Plan. Additionally, the scope includes offering cost analysis services to support MTA Labor Relations during labor contract negotiations. The contract 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, and has an estimated value ranging from five to ten million dollars. The procurement process involves a formal RFP, with the availability of bid documents starting September 29, 2025, and a pre-bid conference scheduled for November 3, 2025, via MS Teams. Interested bidders must register through the MTA vendor portal to obtain bid documents, as requests without a valid bidder/supplier number cannot be processed. The deadline for submission is November 24, 2025, at 2:30 PM. The contract covers services across all New York State counties and is open to eligible business entities, with a preference for firms that have previously secured similar contracts within the past five years, such as Milliman Inc. The project is funded entirely through operating funds, with a focus on providing expert actuarial and financial analysis to support the MTA’s pension and labor negotiations efforts.
General Info
Agency
Place of Performance
NY, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
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