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Lead Actuarial Consultant (Prepaid Education Plans)

Active

State & Local

Response Deadline04/30/2027, 12:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The Lead Actuarial Consultant subcontract supports prime contractors on prepaid college program projects for the Florida State Board of Administration. The scope of work involves performing core actuarial valuations and pricing calculations, which include the preparation of quarterly valuation letters, monthly cash flow projections for LDI benchmarks, and annual pricing reports. The consultant is expected to utilize actuarial and statistical software to develop sensitivity matrices and test price adequacy. To qualify for this role, the consultant must maintain Primary Actuary membership in the American Academy of Actuaries and ensure all work remains in compliance with Actuarial Standards of Practice. This engagement is categorized under NAICS code 541990, with a response deadline set for April 30, 2027.

General Info

Agency

Florida → State Board of Administration

NAICS

541990 - All Other Professional, Scientific, and Technical Services

Place of Performance

FL, USA

Set-Aside

NONE

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

AI Contract Breakdown

Uniform Contract Format

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The breakdown needs solicitation documents. None were found from this contract's source.

Timeline

PostedOct 14

subcontract

Response DeadlineApr 30

Submission deadline

Response Deadline

04/30/2027, 12:00:00 PM UTCin 7 months

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Organization & Contact Information

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AgencyFlorida → State Board of Administration

ContactsNo contacts available

OfficeN/A

Organization / AgencyFlorida → State Board of Administration

Office AddressN/A

ContactsNo contact information available

Full Description

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Performs core actuarial valuations and pricing calculations for prime contractors on State Board of Administration (Florida) prepaid college program projects. Prepares quarterly valuation letters, monthly cash flow projections for LDI benchmarks, and annual pricing reports. Uses actuarial and statistical software to test price adequacy and develop sensitivity matrices. Requires Primary Actuary membership in American Academy of Actuaries and ASOP compliance. Delivers valuation letters and pricing reports.

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