This Solicitation opportunity from Hawaii was posted on September 25, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Actuarial Valuation Services for Other Post-Employment Benefits

Closed

RFP No. 25-001State & Local

Submission Closed11/01/2024, 12:00:00 AM UTC

Contract Overview

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

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NAICS: 525110

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2 months ago

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in 12 days

AI Contract Overview

The Hawaii Employer-Union Health Benefits Trust Fund (EUTF) is seeking proposals from qualified actuarial firms to provide comprehensive actuarial services related to the planning, budgeting, accounting, and financial reporting of other postemployment benefits (OPEB) for the State of Hawaii and its counties. The primary focus is to generate data and analyses that comply with the requirements of Governmental Accounting Standards Board (GASB) Statements Nos. 74 and 75, which pertain to the financial reporting of postemployment benefit plans other than pensions. The selected firm will conduct actuarial studies of the health care plans and OPEB offerings provided to public employees, retirees, and their dependents, ensuring adherence to actuarial standards of practice. The contract, titled "Actuarial Valuation Services for Other Post-Employment Benefits," is set with a budget range between $500,000 and $2,000,000. The solicitation was posted on September 25, 2024, with a response deadline of November 1, 2024. The Hawaii Department of Budget and Finance will oversee the project, with Lynn D. Bautista serving as the primary contact. Interested firms can find more details and submit proposals through the Hawaii State e-procurement portal.

General Info

Agency

Hawaii Department of Budget and Finance

NAICS

525110 - Pension Funds

Place of Performance

HI, USA

Set-Aside

NONE

Documents

Addendum No. 1 to RFP No. 25-001 Actuarial Valuation Services

amendment

High

Addendum No. 2 to RFP No. 25-001 Actuarial Valuation Services

amendment

High

RFP 25-001 Actuarial Valuation Services for OPEB

rfp

High

RFP No. 25-001 Questionnaire Section Six

rfp

High

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseClosed

PostedSep 25

Solicitation

Response DeadlineNov 1

Deadline has passed

Submission Closed

11/01/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyHawaii Department of Budget and Finance

Contacts1 person available

OfficeN/A

Organization / AgencyHawaii Department of Budget and Finance

Office AddressN/A

Contacts

Lynn D. Bautista

contact@example.gov

+1 (555) 000-0000

Full Description

The Hawaii Employer-Union Health Benefits Trust Fund (EUTF) is soliciting proposals from qualified firms to provide actuarial services to be used for planning, budgeting, accounting, and financial reporting purposes relative to Government Accounting Standards (GASB) Statement Nos. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans and 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions. The actuarial service will include studies of the health care plans and other postemployment benefits (collectively called OPEB) provided by the State and the counties to public employees, retirees, and their dependents through the EUTF. The purpose of this RFP is to obtain data in accordance with actuarial standards of practice regarding the EUTF's OPEB plans that will satisfy the requirements of GASB Statement Nos. 74 and 75.