This Solicitation opportunity from Kentucky was posted on October 20, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Itb 20251972 Actuarial Services For Pension Plan

Closed

ITB-ITB 20251972State & Local

Submission Closed11/07/2025, 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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City of Moreno Valley

POSTED

27 days ago

DEADLINE

in 30 days

AI Contract Overview

The Transit Authority of River City (TARC) is seeking qualified actuarial firms to provide comprehensive actuarial valuation services and prepare a detailed actuarial report for its closed defined benefit pension plan, which has not accepted new members since September 1, 1991. The selected firm will be responsible for accurately assessing the plan’s financial health, ensuring compliance with relevant laws and standards, and supporting TARC’s financial reporting and funding requirements in a timely manner. The contract is anticipated to last five years, contingent upon funding availability and satisfactory performance by the contractor. The solicitation, titled "ITb 20251972 Actuarial Services For Pension Plan," was posted on October 20, 2025, with a response deadline of November 7, 2025. The project falls under NAICS code 524298 and is managed by the Kentucky-based Transit Authority of River City. The contract value is estimated to range between $250,000 and $750,000, with the possibility of renewal based on performance and funding. Interested firms can find additional details and submit responses through the designated online platform.

General Info

Agency

Kentucky → Transit Authority of River City (TARC)

NAICS

524298 - All Other Insurance Related Activities

Place of Performance

KY, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedOct 20

Solicitation

Response DeadlineNov 7

Deadline has passed

Submission Closed

11/07/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyKentucky → Transit Authority of River City (TARC)

ContactsNo contacts available

OfficeN/A

Organization / Agency

Kentucky → Transit Authority of River City (TARC)

Office AddressN/A

ContactsNo contact information available

Full Description

The Transit Authority of River City (TARC) is seeking quotes from qualified actuarial firms to conduct an actuarial valuation and prepare a formal actuarial report for one of its defined benefit pension plans. This plan provides retirement benefits to eligible employees and has been closed to new entrants since September 1, 1991. The selected Contractor will provide professional actuarial services to ensure accurate valuation of the plan’s financial position, compliance with applicable laws and standards, and timely support of the Authority’s financial reporting and funding obligations
TARC anticipates awarding a contract for a term of five (5) years, at the sole discretion of the Authority and subject to the availability of funding and satisfactory Contractor performance.