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OPEB Actuarial Valuation and GASB 74/75 Compliance Services

Active

State & Local

Response Deadline12/03/2026, 05:00:00 AM UTC

Contract Overview

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

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This subcontract involves providing independent actuarial valuation services for prime contractors working on New York State Olympic Regional Development Authority projects. The primary objective is to conduct annual Other Post-Employment Benefits valuations and prepare the necessary reporting schedules to ensure compliance with GASB 74 and GASB 75 standards. All deliverables, including the final valuation results and a comprehensive report, must be completed within a strict nine-week timeframe. The selected provider must utilize specialized actuarial modeling software and secure data encryption systems to handle sensitive information. To qualify, the contractor is required to have lead actuary credentials and maintain professional liability insurance. Interested parties must respond to the solicitation by December 3, 2026.

General Info

Actuarial valuation services for NYS ORDA projects ensuring GASB compliance by December 2026.

Agency

New York → NYS Olympic Regional Development Authority

NAICS

541990 - All Other Professional, Scientific, and Technical Services

Place of Performance

NY, USA

Set-Aside

NONE

Documents

This scope was carved out of 2140471.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Actuarial Services RFP 2026

AI Contract Breakdown

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Timeline

PostedNov 2

subcontract

Response DeadlineDec 3

Submission deadline

Response Deadline

12/03/2026, 05:00:00 AM UTCin about 1 month

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Organization & Contact Information

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AgencyNew York → NYS Olympic Regional Development Authority

ContactsNo contacts available

OfficeN/A

Organization / AgencyNew York → NYS Olympic Regional Development Authority

Office AddressN/A

ContactsNo contact information available

Full Description

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Performs independent actuarial valuations for prime contractors on NYS Olympic Regional Development Authority projects. Conducts annual OPEB valuations and prepares reporting schedules for GASB 74 and GASB 75 compliance within a compressed 9-week window. Utilizes actuarial modeling software and data encryption systems. Requires lead actuary credentials and professional liability insurance. Delivers final actuarial valuation results and a comprehensive report.

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