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GASB 75 Other Postemployment Benefits (OPEB) Actuarial Valuation

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GASB752024-2025State & Local

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The City of Fitchburg, Wisconsin, is seeking proposals from qualified actuarial firms to conduct an actuarial valuation of its Other Postemployment Benefits (OPEB). The primary objective is to ensure compliance with the Governmental Accounting Standards Board (GASB) Statement No. 75 for the 2024–2025 measurement period. The selected firm will be responsible for providing the necessary valuation and analysis to support the City and its auditors in meeting all applicable accounting and financial reporting requirements. Interested firms must demonstrate significant experience performing OPEB valuations for governmental entities and possess a deep familiarity with GASB 75 standards. This solicitation, identified as GASB752024-2025, requires responses to be submitted by October 29, 2026, at 4:00 PM. Primary inquiries regarding this request can be directed to Lucinda Champion.

General Info

Fitchburg seeks actuarial firms for GASB 75 OPEB valuations due October 29, 2026.

Place of Performance

WI, USA

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Organization & Contact Information

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AgencyWisconsin → City of Fitchburg
Contacts1 person available
OfficeWI, USA
Organization / AgencyWisconsin → City of Fitchburg
Office AddressWI, USA
Contacts

Full Description

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The City of Fitchburg, Wisconsin ("City") is requesting proposals from qualified actuarial firms to perform an actuarial valuation of the City's Other Postemployment Benefits (OPEB) in accordance with the requirements of the Governmental Accounting Standards Board (GASB) Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions.The selected firm will provide the City with an actuarial valuation and related analysis for the applicable 2024–2025 measurement period, including the information necessary for the City and its auditors to meet applicable GASB 75 accounting and financial reporting requirements.The City is seeking a qualified firm with demonstrated experience performing OPEB valuations for governmental entities and familiarity with GASB 75 reporting requirements.

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