Actuarial Valuation of Health Benefit Fund 8080 and Disability Fund 8070 for FY24 and FY25

Agency: State Government of Ohio
State: Ohio
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
  • 541612 - Human Resources Consulting Services
  • 541990 - All Other Professional, Scientific, and Technical Services
Posted Date: Dec 9, 2024
Due Date: Dec 23, 2024
Solicitation No: SRC0000026236
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Description

Solicitation ID: SRC0000026236
Solicitation Name: Actuarial Valuation of Health Benefit Fund 8080 and Disability Fund 8070 for FY24 and FY25
Original Begin Date: 12/9/2024 12:00:00 PM
Begin Date: 12/9/2024 12:00:00 PM
End Date: 12/23/2024 12:00:00 PM
Inquiry End Date: 12/23/2024 12:00:00 PM
Commodity: Year end audits
MBE Set Aside: MBE Set Aside
Agency: DAS301000 Human Resources Division JRST40
Solicitation Status: Open for Bidding
Solicitation Type: Request for Quote (RFQ)

Solicitation General Information
In an MBE set-aside solicitation, only those bidders/suppliers with an active MBE certification at the time the solicitation closes can submit a response
Solicitation ID
SRC0000026236
Solicitation Name
Actuarial Valuation of Health Benefit Fund 8080 and Disability Fund 8070 for FY24 and FY25
RFx Type
Request for Quote (RFQ)
Lot #
1
Solicitation Status
Open for Bidding
Round #
1
MBE Set Aside
Begin Date
12/9/2024 12:00:00 PM (EST)
Amendment?
End Date
12/23/2024 12:00:00 PM (EST)
Inquiry End Date
12/23/2024 12:00:00 PM
Summary

The State of Ohio - Department of Administrative Services (DAS) is soliciting for an actuarial valuation of Health Benefit Fund 8080 and Disability Fund 8070 for State Fiscal Years 2024 and 2025. See the attached Scope of Services for the work and deliverables required.

Process

The State of Ohio - Department of Administrative Services (DAS) is soliciting for an actuarial valuation of Health Benefit Fund 8080 and Disability Fund 8070 for State Fiscal Years 2024 and 2025. See the attached Scope of Services for the work and deliverables required.

The Offeror must provide responses that meet the Mandatory Requirements Questions specified by this solicitation. Responses that do not meet the Mandatory Requirements will be rejected.

The Offerer must provide responeses to the Technical Evaluation Questions specified by this solicitation. See the attached Scoring Criteria document to show the points and weights assigned to the Technical Evaluation Questions and the Cost Proposal.

The Offeror also must provide a cost for the FY24 valuations and for the FY25 valuations.

Selection will be based on the lowest responsive and responsible quote.

Completion of the item grid is required and will be considered the response for evaluation. No outside/additional documentation will be considered.

The included State of Ohio Standard Terms and Conditions form part of the contract resulting from this solicitation. No exceptions or additional terms and conditions will be accepted.

Contractor selection will be based on the lowest responsive and responsible quote.

DAS may execute a written contract with the awarded supplier.

All responders to this solicitation must be fully registered as a Supplier to do business with the State of Ohio. To register as a Supplier, navigate to https://ohiobuys.ohio.gov and click the OhioBuys Log In and follow the instructions to sign in or create an account.

In addition, where applicable, all Suppliers must have a current Affirmative Action Plan Verification (AAPV) on file with the State. For additional information regarding the AAPV requirements visit:  https://development.ohio.gov/business/construction-compliance/affirmative-action-program.

At its sole discretion, DAS may renew these services for up to four years.

Ship To
Contracting Entity
DAS301000 Human Resources Division JRST40
1 Record(s)
0 Record(s)
Solicitation Documents
Keywords
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Title Type Att. Validity End Date Validity End Date
Scope of Services Public Solicitation Documents (Approved)
Scoring Criteria Public Solicitation Documents (Approved)
2 Record(s)
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* Disclaimer: This website provides information about bids, requests for proposals (RFPs), or requests for qualifications (RFQs) for convenience only and does not serve as an official public notice. Individuals who wish to respond to or inquire about bids, RFPs, or RFQs should contact the relevant government department directly.