This Solicitation opportunity from North Carolina was posted on December 29, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Volunteer Safety Workers’ Compensation Funding Study IFB

Closed

Doc1948979872State & Local

Submission Closed01/27/2026, 07:00:00 PM UTC

Contract Overview

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

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NAICS: 524298

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City of Moreno Valley

POSTED

27 days ago

DEADLINE

in 30 days

AI Contract Overview

The Department of Insurance in North Carolina is seeking a qualified vendor to provide actuarial services specifically for the Workers' Compensation Fund, in accordance with state statute G.S. 58-87-10. The contract requires the vendor to conduct a comprehensive loss reserve analysis, which involves estimating the financial reserves necessary to cover future claims stemming from past workplace incidents. This loss reserve evaluation must be completed prior to the final funding study, which aims to ensure the Fund’s sufficient financial backing. The solicitation, titled "Volunteer Safety Workers’ Compensation Funding Study IFB," was posted on December 29, 2025, and has a response deadline of January 27, 2026. The engagement is managed by the Department of Insurance in North Carolina and is publicly listed on the state’s electronic procurement portal. The primary contact for this solicitation is Sloane Chua. The work will be performed within North Carolina, and no specific set-aside or NAICS code has been designated for this procurement.

General Info

North Carolina seeks vendor for Workers' Compensation actuarial loss reserve analysis by January 2026.

Agency

North Carolina → Department of Insurance

NAICS

524298 - All Other Insurance Related Activities

Place of Performance

NC, USA

Set-Aside

NONE

Documents

IFB 12-001281: Volunteer Safety Workers' Compensation Funding Study

ifb

High

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseClosed

PostedDec 29

Solicitation

Response DeadlineJan 27

Deadline has passed

Submission Closed

01/27/2026, 07:00:00 PM UTC

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Organization & Contact Information

AgencyNorth Carolina → Department of Insurance

Contacts1 person available

OfficeNC, USA

Organization / AgencyNorth Carolina → Department of Insurance

Office AddressNC, USA

Contacts

Sloane Chua

Full Description

The Department of Insurance is looking for a vendor able to provide actuarial service for the Workers' Compensation Fund pursuant to G.S. 58-87-10. Prior to the completion of the funding study, the Vendor shall also conduct a loss reserve analysis of the Fund. A loss reserve analysis is an actuarial evaluation that estimates the amount of money the Fund must set aside to pay for future claims arising from past incidents.