This Solicitation opportunity from Texas was posted on January 16, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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ERS' RFP to Provide Actuarial Services for Insurance for the Texas Employees Group Benefits Program

Closed

22-11911-001State & Local

Submission Closed03/01/2024, 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: 524298

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POSTED

27 days ago

DEADLINE

in 30 days

AI Contract Overview

The Employees Retirement System of Texas has issued a Request for Proposals seeking a qualified firm to provide actuarial services for insurance within the Texas Employees Group Benefits Program. The selected Respondent will be required to execute a contract that begins upon signing, following the Implementation Period, and extends through December 31, 2030, with an anticipated contract start date in August 2024. To participate, interested firms must create a profile on the ERS Bonfire procurement portal, download the RFP, and submit their proposals by March 1, 2024, at 10:00 a.m. Central Time. The RFP process includes a question period ending January 30, 2024, with responses posted publicly. ERS reserves the right to reject any proposals that do not comply with the instructions, to revise the RFP before contract execution, or to rebid the solicitation if deemed necessary. All communications and questions should be directed to Susan Thomas, the Procurement Specialist, via Bonfire or email. The contract aims to ensure the provision of actuarial services that align with the best interests of ERS, its members, and the state of Texas.

General Info

Agency

Texas → Employees Retirement System

NAICS

524298 - All Other Insurance Related Activities

Place of Performance

TX, USA

Set-Aside

NONE

Documents

Solicitation 22-11911-001: Actuarial Services for Insurance

rfp

High

ESBD_File_347926_Actuarial Services for Insurance RFP.zip

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseClosed

PostedJan 16

Solicitation

Response DeadlineMar 1

Deadline has passed

Submission Closed

03/01/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyTexas → Employees Retirement System

Contacts1 person available

OfficeN/A

Organization / Agency

Texas → Employees Retirement System

Office AddressN/A

Contacts

Susan Thomas

contact@example.gov

+1 (555) 000-0000

Full Description

EMPLOYEES RETIREMENT SYSTEM OF TEXASREQUEST FOR PROPOSALS TO PROVIDE ACTUARIAL SERVICES FOR INSURANCE FOR THE TEXAS EMPLOYEES GROUP BENEFITS PROGRAM SOLICITATION NO. 22-11911-001NIGP CODE: 946-12 The Employees Retirement System of Texas (ERS) has issued a Request for Proposals (RFP) seeking a qualified firm (Respondent) to provide actuarial services for insurance for the Texas Employees Group Benefits Program. Respondent shall provide the level of services required in the RFP and meet other requirements that are in the best interests of ERS, its members, and the state of Texas (State). Respondent shall be required to execute a contract (Contract) provided by, and satisfactory to, ERS for a period that begins upon execution of the Contract by ERS and after the Implementation Period, extends through December 31, 2030, subject to the terms of the Contract. It is anticipated the Contract will be executed in August 2024. To download the RFP, submit questions, and/or a Proposal, prospective Respondents must first create a profile in Bonfire (ERS’ e-procurement portal located at erstexas.bonfirehub.com), which operates best on the latest versions of Microsoft Edge, Google Chrome, and Mozilla Firefox. Browser cookies must be enabled when accessing Bonfire. Note that Respondent’s primary contact must create a Bonfire profile (with the actual contact person’s email address) and download the RFP documents in order to send and receive messages via Bonfire. Questions will be accepted via Bonfire until January 30, 2024 at 4:00 p.m. Central Time (CT). Answers to questions will be posted to Bonfire and ESBD on the date specified in RFP Section I.B.1. To be eligible for consideration, Respondent is required to submit its Proposal in accordance with the instructions set forth in the RFP. Respondents must meet the Minimum Requirements set forth in Section I of the Respondent Questionnaire (Appendix G). All Proposal materials shall be received by ERS via Bonfire no later than March 1, 2024 at 10:00 a.m. CT. ERS reserves the right to rebid the RFP if deemed by ERS to be in the best interests of ERS, its members, and/or the State. ERS also reserves the right to reject any Proposal submitted that does not fully comply with the RFP’s instructions and criteria. ERS is under no legal requirement to execute a Contract on the basis of this notice or upon issuance of the RFP and will not pay any costs incurred by any Respondent in connection with the preparation of a Proposal. ERS also reserves the right to revise any provisions set forth in the RFP at any time prior to execution of a Contract where ERS deems it to be in the best interests of ERS, its members, and/or the State. Any general questions should be sent to ERS’ point of contact, Susan Thomas, Procurement Specialist, via Bonfire or contact@example.gov. ERS’ mailing address is P.O. Box 13207, Austin, Texas 78711-3207.