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Data Security and Continuity Consultant

Active
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 is for a Data Security and Continuity Consultant to support prime contractors on actuarial projects for the Florida State Board of Administration. The selected consultant will be responsible for developing and maintaining comprehensive continuity and data security plans, establishing strict protocols for the protection of Board data, and implementing encrypted storage and secure transfer solutions. A primary objective of the role is to ensure full compliance with Florida state data security standards and to create detailed transition plans for the transfer of work papers to successor providers. The project falls under NAICS code 541519 and requires the delivery of a finalized Continuity and Data Security Plan. Interested parties should note that the response deadline for this solicitation is April 30, 2027.

General Info

Data Security Consultant for Florida State Board actuarial projects; deadline April 30, 2027.

Documents

This scope was carved out of ITN 26-02.

The full solicitation package (10 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Actuarial Services for the Stanley G. Tate Florida Prepaid College Program

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Organization & Contact Information

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AgencyFlorida → State Board of Administration
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Develops and maintains continuity and data security plans for prime contractors on State Board of Administration (Florida) actuarial projects. Establishes protocols for protecting Board data, creates transition plans for work papers to successor providers, and implements secure data transfer and encrypted storage solutions. Ensures compliance with Florida state data security standards. Delivers a comprehensive Continuity and Data Security Plan.

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POSTED

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Solicitation # ITN 26-02
The State Board of Administration is seeking a qualified firm to provide independent actuarial services for the Stanley G. Tate Florida Prepaid College Program. The primary objective is to ensure the actuarial soundness of the Prepaid Plan and to establish accurate plan pricing in accordance with the Actuarial Standards of Practice, the Actuarial Code of Professional Conduct, Section 529 of the Internal Revenue Code, and relevant Florida Statutes. The selected provider will be responsible for a wide range of core deliverables, including four quarterly actuarial valuation letters with monthly cash flow projections, one annual actuarial valuation report, and one annual plan pricing report for the designated enrollment period. Additional requirements include the development of a sensitivity matrix for material actuarial drivers, annual presentations to the Board, and the maintenance of a comprehensive continuity and data security plan. The procurement process, conducted under Section 287.057 of the Florida Statutes, utilizes a multi-phase competitive approach starting with a binary pass/fail assessment of mandatory requirements, followed by a detailed evaluation of organizational experience, scope of services, value-added offerings, and pricing. The resulting contract will include an initial term with the possibility of up to five one-year renewal periods. Beyond core valuations and pricing, the actuary may be called upon to provide additional services such as legislative analysis, fiscal note preparation, and specialized actuarial studies. All services must be supported by detailed work papers and quality control procedures to facilitate Board oversight and potential transition to a successor provider.
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