Government Contract | Missouri
Actuarial Valuations for Self Insurance Programs

Bid Information


Bid Alert No: 00000460066

Bid Title: Actuarial Valuations for Self Insurance Programs

Agency Bid No. Title: 15-8017-25

Received Date: 01/14/2016

Close Date: 01/26/2016

Purchase Type: 1 year term

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By Optional 01/20/2016

Specifications

Specifications include, but are not limited to:Estimate the ultimate losses experienced by the self-insurance programs.2. Estimate the ultimate loss costs that will be generated by the self-insurance programs in future periods.3. Estimate the payout patterns that will be generated by the current and future loss experience.4. Derive present value factors based on payout patterns and at an assumed rate of interest.5. Estimate past, current, and future trends in experience. Trends should be examined for frequency, severity,loss costs, exposures and expenses.6. Estimate reserves at various confidence levels.7. Estimate expense provisions for future periods.8. Estimate ultimate losses and loss costs by layer of loss.9. Estimate risk loads for various layers of loss.10. Compare Authoritys loss experience with industry experience.11. Review regulatory law for interpretations

Product Code: 94612

Agency Information


Issuing Agency: Kansas City Area Transportation Authority

State: Missouri

Agency Type: State and Local

Contact: Tamika McDonald Procurement Department, 1350 E. 17th Street, Kansas City, Missouri, 64108

Phone: 816-346-0283

Fax: 816-346-0336

Email: tamcdonald@kcata.org

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