Government Contract | Illinois
Professional Actuarial Services

Bid Information

Bid Alert No: 00000417155

Bid Title: Professional Actuarial Services

Agency Bid No. Title: 15-052

Received Date: 11/13/2015

Close Date: 11/30/2015

Purchase Type: Not Stated

Delivery Point: Elgin, Illinois

Delivery Date: Not Stated

Special Notices: Bid Bond Required: 5%


Specifications include, but are not limited to: As part of this engagement the selected actuary shall 1.Review the previous actuarial reports and accounting entries, collect and confirm financial and participant data, validate the substantive plan, claims/premium costs and membership; develop the annual required contribution schedules, report on liabilities, costs summaries and reconciliations pertinent to Required Supplementary Information to comply with GASB No. 45. 2.Prepare an actuarial valuation of the Citys retiree nonpension OPEB benefit programs in compliance with the requirements of GASB Statement No. 45. 3.Prepare a written report of our valuation that will include the schedules and actuarial information necessary for compliance with GASB Statement No. 45. 4.Consult with the city staff on actuarial, accounting, design, funding, administrative and related issues associated with complying with GASB No. 45.

Bid Related Documents

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Bid Related Attachments

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Product Code: 94612

Agency Information

Issuing Agency: City of Elgin

State: Illinois

Agency Type: State and Local

Contact: Purchasing Department, 150 Dexter Court, Elgin, Illinois, 60120

Phone: 847-931-5605




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