This Government Contract opportunity from Colorado was posted on June 19, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Reserve and IBNR Loss Calculations

Closed

State & Local

Submission Closed07/28/2025, 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: 541612

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POSTED

4 days ago

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in 16 days

AI Contract Overview

The Colorado Division of Human Resources is seeking a subcontractor for a project focused on Reserve and IBNR Loss Calculations. The primary scope of work involves calculating Incurred But Not Reported losses and loss development factors specifically for workers compensation, property, and liability funds. Additionally, the selected provider will be responsible for developing and reviewing funding requirements and reserve methodologies. This opportunity was posted on June 19, 2025, with a response deadline of July 28, 2025. The contract is categorized under NAICS code 541612, indicating a requirement for accounting, tax preparation, bookkeeping, and payroll services. Interested parties can find further details through the Colorado CGI Advantage portal.

General Info

Colorado seeks a subcontractor for Reserve and IBNR loss calculations and methodology review.

Agency

Colorado Division of Human Resources

NAICS

541612 - Human Resources Consulting Services

Place of Performance

CO, USA

Set-Aside

NONE

Documents

This scope was carved out of RFP AABA 2025-0326.

The full solicitation package (6 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Actuarial Consulting for State Office of Risk Management

AI Contract Breakdown

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Timeline

PhaseClosed

PostedJun 19

subcontract

Response DeadlineJul 28

Deadline has passed

Submission Closed

07/28/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyColorado Division of Human Resources

ContactsNo contacts available

OfficeN/A

Organization / AgencyColorado Division of Human Resources

Office AddressN/A

ContactsNo contact information available

Full Description

Calculate IBNR losses and loss development factors for liability, property, and workers’ compensation funds; develop and review reserve methodologies and funding requirements.