Services, Actuarial Consulting Services for Property & Casualty Rate Reviews

Agency: State Government of Maryland
State: Maryland
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
  • 541618 - Other Management Consulting Services
  • 541990 - All Other Professional, Scientific, and Technical Services
Posted Date: Jun 27, 2025
Due Date: Aug 15, 2025
Solicitation No: BPM051934
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Description

ID: BPM051934
Title: Services, Actuarial Consulting Services for Property & Casualty Rate Reviews
Status: Open
Due / Close Date: 8/15/2025
Publish Date: 6/27/2025 2:09:27 PM
Main Category: Actuarial consulting services
Solicitation Type: RFP: Triple Envelope Proposal
Issuing Agency: Maryland Insurance Administration

Solicitation Summary
Title
Services, Actuarial Consulting Services for Property & Casualty Rate Reviews
ID
BPM051934
Alternate ID
MIA-P&C-25-001
Lot #
1
Round #
1
Status
Open
Due / Close Date (EST)
Aug 15 2025 4:00PM
Due / Close Date (EST)
Aug 15 2025 4:00PM
Solicitation Type
RFP: Triple Envelope Proposal
Main Category
Property insurance contracts
Issuing Agency
Maryland Insurance Administration
Procurement Officer / Buyer
Anthonia CHUKU
See All
Email
anthonia.chuku3@maryland.gov
Solicitation Summary

This Request for Proposals (RFP) is issued to procure actuarial consulting services to review certain rate and rate-related filings to determine compliance with the Insurance Article of the Annotated Code of Maryland (hereinafter “Insurance Article”), COMAR, Actuarial Standards of Practice (ASOPs) as promulgated by the American Academy of Actuaries (AAA) and possibly other actuarial-related items in conjunction with such reviews, as more fully described in Section 2 and 3 of this RFP.

This is a single award See RFP Section 6.5 Selection Procedures for more Contract award information.

Additional Instructions
Project Cost Class
Pre-Bid Conference Information
Pre-Bid Conference Date (EST)
Jul 10 2025 10:00AM
Pre-Bid Conference Details
Virtual Teleconference, by Calendar Invitation from Procurement Officer Only See RFP Section 4.3 for additional details. See Section 4.3 for additional details. See Attachment 2 to RSVP by Thursday, July 3, 2025 to Attend.
Small Business Reserve Designation
No

Procurement Program Participation Goals

VSBE Participation (%)
MBE Participation (%)
African American MBE Participation (%)
Asian American MBE Participation (%)
Hispanic American MBE Participation (%)
Women-Owned MBE Participation (%)
DBE Participation (%)
SBE Participation (%)
Socio Economic Participation Criteria
Attachments
RFx Documents for Services, Actuarial Consulting Services for Property & Casualty Rate Reviews (BPM051934) - Lot : 1 / Round : 1
Title Type Att. Last Modified on UTC-4 Creation Date UTC-4 Validity End Date
Attachment-V.-DHS-Hiring-Agreement - Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:06:32 PM 6/27/2025 2:06:32 PM
Attachment-U.-Contract-Affidavit - Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:06:09 PM 6/27/2025 2:06:09 PM
Attachment-I.-Conflict-of-Interest-Affidavit - Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:05:47 PM 6/27/2025 2:05:47 PM
Attachment-G.-Maryland-Living-Wage-Requirements-Affidavit-of-Agreement -Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:05:24 PM 6/27/2025 2:05:24 PM
Attachment-2.-Pre-Bid_-Pre-Proposal-Conference-Response-Form Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:04:48 PM 6/27/2025 2:04:48 PM
Attachment-A.-Bid-Proposal-Affidavit -Solicitation # MIA-P&C-25-001eMMA# BPM051934 Attachments & Appendixes (Approved) 6/27/2025 2:03:45 PM 6/27/2025 2:03:45 PM
Attachment B. Financial Proposal Instructions & Form- Actuarial Consulting Services for Property & Casualty Rate Reviews Attachments & Appendixes (Approved) 6/27/2025 2:01:02 PM 6/27/2025 2:01:02 PM
7. Appendix 8 - Economic Benefit Factors- Actuarial Consulting Services for Property & Casualty Rate Review Solicitation # MIA-P&C-25-001eMMA#BPM051934 Technical Documents (Approved) 6/27/2025 2:00:32 PM 6/27/2025 2:00:32 PM
6. Appendix 2 - Price Form Instructions -Actuarial Consulting Services For Property & Casualty Rate - MIA- P&C- 25 -001 eMMA# Attachments & Appendixes (Approved) 6/27/2025 1:59:56 PM 6/27/2025 1:59:56 PM
5. Exhibit 2# Sample Contract MIA-P&C-25-001eMMA#BPM051934 Specification Document (Approved) 6/27/2025 1:59:27 PM 6/27/2025 1:59:27 PM
4. Exhibit 3# Deliverables Product Acceptance Form MIA-P&C-25-001eMMA#BPM051934 Specification Document (Approved) 6/27/2025 1:58:43 PM 6/27/2025 1:58:43 PM
3. Information-Technology-Supplemental- Actuarial Consulting Services for Property & Casualty Rate Review Solicitation # MIA-P&C-25-001eMMA# BPM051934 Technical Documents (Approved) 6/27/2025 1:58:14 PM 6/27/2025 1:58:14 PM
2. Professional Services Supplemental- Actuarial Consulting Services for Property & Casualty Rate Review Solicitation # Solicitation # MIA-P&C-25-001eMMA# BPM051934 Technical Documents (Approved) 6/27/2025 1:57:42 PM 6/27/2025 1:57:39 PM
1. Request For Proposals (RFP)-Actuarial Consulting Services For Property & Casualty Rate - (OSP approved and Published 6.27.25) Technical Documents (Approved) 6/27/2025 1:57:01 PM 6/27/2025 1:56:55 PM
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