This Solicitation opportunity from Washington was posted on September 25, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Firefighters' Pension Fund Actuarial Study (GASB 68 Compliant)
Contract Overview
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The City of Bellevue is seeking a qualified actuarial firm to conduct a comprehensive biennial valuation of the Firefighters’ Pension Fund in accordance with state law and GASB standards. This valuation is essential for ensuring legal compliance and maintaining accurate financial reporting. Additionally, the contract requires the firm to perform minimal data updates every other year to support the City’s Annual Comprehensive Financial Report (ACFR). The City also seeks ongoing assurance of competitive pricing and quality service through periodic market testing. Furthermore, the selected provider will be responsible for conducting five reviews annually to assess any changes or updates needed for the Firefighters' Pension calculations, ensuring the pension fund's actuarial assumptions and methodologies remain current and accurate. The solicitation, identified as RFP #24095, was posted on September 25, 2024, with a deadline for responses set for October 18, 2024. The contract size is estimated to range between $50,000 and $150,000. The project is part of the City of Bellevue’s efforts to maintain transparent, compliant, and efficient pension fund management, with the services to be performed within Washington State. Interested firms can find additional details and submit proposals through the provided online link.
General Info
Place of Performance
WA, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
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