This Solicitation opportunity from Illinois was posted on September 17, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Renewal Notice - No Cost RFP Actuarial L+H Exam Bake Tilly
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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The contract pertains to the renewal of services related to Illinois insurance statutory examinations, with the renewal period spanning from October 6, 2025, to October 5, 2029. The renewal is issued at no cost to the state and involves a total contract value of approximately 2.67 million dollars, averaging around 666,666 dollars annually. The primary vendor for these services is Risk & Regulatory LLC, with secondary and tertiary vendors being INS Consultants, LLC, and Baker Tilly Advisory Group LP, respectively. The contract is managed by the Illinois Department of Insurance under the Illinois Department of Insurance organization, with the procurement process initiated through a solicitation identified as 26-446DOI-FINAD-B-49273. This renewal notice emphasizes that the contract is a continuation of existing services, with no new solicitation or additional costs to the state, and maintains compliance with the original terms. It includes a 21% Business Enterprise Program utilization plan, although there is no participation from Veterans Business Programs. The document highlights the importance of statutory examinations for Illinois insurance companies, ensuring regulatory oversight and compliance. The point of contact for this contract is Michael Underwood, reachable via email or phone, and further details can be accessed through the Illinois bid portal.
General Info
Place of Performance
IL, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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