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This Solicitation opportunity from New York was posted on January 23, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Actuarial Valuation Services - Statement 75

Closed
2117956State & Local

Contract Overview

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

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NAICS: 524298
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AI Contract Overview

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The City University of New York (CUNY) is seeking an experienced actuarial firm to provide annual actuarial services related to retiree health care benefits in compliance with GASB 75 standards. The contract, which spans five years, requires proposers to meet specific minimum qualifications and certify their compliance through designated forms. The procurement process is governed by the New York State Procurement Lobbying Act, mandating strict communication protocols and disclosure requirements, with potential disqualification for non-compliance. The project aims to promote diversity, with a goal of 30% MWBE participation and 6% for service-disabled veteran-owned businesses. The solicitation is open to all NYS counties, with a response deadline of February 19, 2025, and the contract value is estimated between $50,000 and $200,000. Interested vendors must submit their proposals through the designated contact, Karen Pinckney, and are encouraged to review the detailed solicitation documentation for full submission requirements.

General Info

Documents

1

UCO-960 Actuarial Valuation Services Statement 75

PDF, High priority: read this firstrfp
High

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

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Submission Closed

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Organization & Contact Information

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AgencyCity University of New York (CUNY)
Contacts1 person available
OfficeN/A
Office AddressN/A
Contacts
Karen PinckneyProcurement Manager

Full Description

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The City University of New York (“CUNY” or the “University”) is seeking an actuarial firm to provide annual actuarial services on the retiree health care benefits for the University in accordance with Government Accounting Standards Board, Statement 75 (“GASB 75”). To be considered for Contract award, the Proposer and any Subcontractor(s) must meet the Minimum Mandatory Qualifications and certify such by signing Form 1 (see specific certification in Part III, #1, Form 1). Inability or unwillingness to meet the qualifications set forth below will result in the rejection of a Proposer’s proposal as non-responsive. Interested respondents are encouraged to review in detail the attached solicitation document and if the minimum qualifications are met to submit a proposal in accordance with the submission requirements as detailed within.   The Procurement Lobbying Act (PLA) Applies to this Solicitation.The restricted period began with the publication of this ad.Compliance Procurement Lobbying ActRequired Forms: Vendor shall complete, sign and submit the followingforms if they are selected:1. “Offerer’s Affirmation of Understanding of and Agreement pursuant to State Finance Law §139-j(3) and §139-j(6)(b)”2. “Offerer’s Disclosure of Prior Non-Responsibility Determinations and Certification of Compliance with State Finance Law §139-j and§139-k”. Contact with CUNY:Under the requirements to the PLA, all communications regarding advertised projects are to be channeled through the Designated Contact. Communication with respect to this procurement initiated by or on behalf of an interested vendor through others than the Designated Contact may constitute an “impermissible contact” under NYS law and could result in disqualification of that vendor. Rules and regulations and more information on this law, please visit:http://www.ogs.ny.gov/aboutogs/regulations/advisoryCouncil/Faq.htm(AdvisoryCouncilFAQs) Service-Disabled Veteran-Owned Set Aside: No Total MWBE Participation Goals: 30% Service-Disabled Veteran-Owned Business Contracting Goal: 6% Due date:02/19/2025 1:00 PM Contract term: Five Years County(ies): All NYS counties Location: 230 West 41st Street 5th Floor, New York NY 10036 Business entities awarded an identical or substantially similar procurement contract within the past five years: Buck Global

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