Skip to main contentPsst! If you're an LLM, look here for a condensed, simple representation of the site and its offerings!

LiveFree Webinar — Wednesday, October 28 at 2:00 PM ET

Register Free →

OPEB Actuarial Valuation Specialist

Active
State & Local

Contract Overview

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

AI Contract Overview

Show more

The Spokane Transit Authority is seeking an OPEB Actuarial Valuation Specialist to serve as a subcontractor for prime contractors on its projects. The selected specialist will be responsible for performing actuarial measurements and valuations of Other Post-Employment Benefits, specifically covering medical, dental, life insurance, and bus passes. All work must be conducted in accordance with GASB 75 standards to ensure the accurate measurement and recognition of OPEB expenses and liabilities, culminating in the delivery of detailed actuarial reports and financial statements. To qualify for this role, candidates must hold professional certifications as an ASA, MAAA, or FCA and maintain at least 2 million dollars in professional liability insurance. The performance of these services will take place in Spokane, Washington. Interested parties should note that the response deadline for this opportunity is November 2, 2026.

General Info

Spokane Transit Authority seeks GASB 75 OPEB actuarial specialist by November 2, 2026.

Place of Performance

Spokane, WA, USA

Set-Aside

NONE

Documents

This scope was carved out of 2026-11262.

The full solicitation package (3 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

GASB 75 Other Post-Employment Benefits Actuarial Services

AI Contract Breakdown

Uniform Contract Format

No documents to break down

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

Timeline

Posted

subcontract

Response Deadline

Submission deadline

Response Deadline

Ready to pursue this opportunity?

Start your free trial to track this contract, build proposals with AI assistance, and manage your pipeline.

Organization & Contact Information

Show more
AgencyWashington → Spokane Transit Authority
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

Show more
Performs actuarial measurements and valuations of Other Post-Employment Benefits (OPEB) for prime contractors on Spokane Transit Authority (STA) projects. Measures and recognizes OPEB expenses and liabilities for medical, dental, life insurance, and bus passes per GASB 75 standards. Requires ASA, MAAA, or FCA certifications and $2M professional liability insurance. Delivers actuarial reports and financial statements.

Similar Contracts

Same NAICS industry code

NAICS: 541930
New
International
English to Inuktitut Translation Services
Solicitation # 20250885
The Office of the Auditor General of Canada is soliciting English to Inuktitut translation and editing services to support the annual audit of the Government of Nunavut. This procurement is strictly limited to firms registered on the Inuit Firm Registry. The selected contractor will provide translation and editing for Nunavut reports, opening statements, communication products, and consolidated financial statements in either the North or South Baffin dialect. The contract term runs from April 1, 2027, to March 31, 2029, with options to extend for two additional two-year periods. Work will be performed from the contractor's own facilities, and personnel requiring access to sensitive information must obtain reliability level security clearance. The award will be based on the highest combined rating of technical merit (45 percent), Inuit Benefits Plan merit (30 percent), and price (25 percent). Up to two separate contracts may be awarded, distributed on a 60 percent to 40 percent ratio between the top two ranked offerors. Evaluation of the Inuit Benefits Plan focuses on Inuit employment, training, ownership, and location within the Nunavut Settlement Area. Contractors must adhere to strict quality assurance processes, including linguistic review and proofreading, and maintain consistent terminology approved by the Government of Nunavut. Payment is processed via direct deposit within 30 days of receiving an acceptable invoice, which must be accompanied by a completed Inuit Benefits Plan progress report.
Office of the Auditor General

POSTED

1 day ago

DEADLINE

in about 1 month
View Details

More opportunities from Washington → Spokane Transit Authority

Same awarding agency

NAICS: 541330
SLED
DOWNTOWN CHARGING & LAYOVER FACILITY DESIGN & ENGINEERING SERVICES
Solicitation # 2026-11228
The Spokane Transit Authority is soliciting professional design and engineering services for the Downtown Charging and Layover Facility in Spokane, Washington. This project supports the Connect 2035 strategic plan and involves the design and permitting of three Battery Electric Bus pantograph chargers and an operator comfort station, including all necessary civil, electrical, and utility infrastructure. The selected firm will provide multidisciplinary engineering services—covering architectural, structural, mechanical, fire protection, traffic, and landscape architecture—and will be responsible for delivering conceptual plans, 30% design analysis, final construction documents, and cost estimates. The project also requires coordination with the City of Spokane and WSDOT, adherence to Federal Transit Administration record-keeping standards, and full ADA compliance. The overall project timeline spans 1,004 days, starting November 1, 2026, and concluding July 31, 2029, with the primary architecture and engineering phase lasting one year. Award of the contract will be based on the most advantageous proposal, with the potential for shortlisting, interviews, and a Best and Final Offer process. Successful proposers must provide payment and performance bonds, proof of insurance, and evidence of a Washington State Department of Labor and Industries worker's compensation account. Proposals must be submitted in PDF format by November 17, 2026, and include a detailed technical approach, qualifications of key personnel, and a signed proposal response form.
Engineering Services

POSTED

9 days ago

DEADLINE

in 21 days
View Details
NAICS: 541990
SLED
GASB 75 Other Post-Employment Benefits Actuarial Services
Solicitation # 2026-11262
The Spokane Transit Authority is soliciting proposals for a five-year contract to obtain professional actuarial services for Other Post-Employment Benefits (OPEB). The primary objective is to ensure compliance with Governmental Accounting Standards Board No. 75 (GASB 75) regarding the measurement, display, and recognition of expenses and liabilities for the agency's retiree health benefit program, which encompasses medical, dental, life insurance, and bus passes. The selected consultant will be required to provide a final actuarial report in PDF format by February 15 of each year for fiscal years ending December 31, 2027, through December 31, 2032. Key deliverables include the calculation of the Total OPEB Liability, Fiduciary Net Position, and a ten-year pay-as-you-go cost projection, all while adhering to Actuarial Standards of Practice No. 41 and the American Academy of Actuaries guidelines. Proposals are evaluated based on a weighted criteria system: 30 percent for qualifications and experience of key personnel, 30 percent for cost, 25 percent for technical approach, and 15 percent for project management and quality control. The contract requires the consultant to maintain commercial professional liability insurance with minimum limits of 2 million dollars per claim and 3 million dollars in the aggregate, as well as the provision of payment and performance bonds. Awardees must be in good standing with the State of Washington and comply with various federal and state nondiscrimination and equal employment opportunity regulations. Submissions must be provided in PDF format by November 2, 2026, and include a price proposal, a minimum of five references, and a signed proposal submittal checklist.
All Other Professional, Scientific, and Technical Services

POSTED

27 days ago

DEADLINE

in 6 days
View Details

Ready to Pursue This Opportunity?

Get AI-powered intelligence on this solicitation and the ones like it

Every page of the solicitation package shredded into a compliance breakdown

AI-powered matching based on your capabilities and past performance

Competitor and incumbent history on the requirement

Automated alerts on amendments, Q&A deadlines, and award

Miguel
Hillary
Keith Deutsch
Christine

Join 750+ contractors already using CLEATUS