This bid is for a mine reclamation fund actuarial study at 2045 Morse Rd., Building H-2, Columbus, OH 43229.
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What the job is
Assessment: Evaluate fiscal soundness, assets, liabilities, revenue, expenses, and cash flows over at least 10 years, including risk assessment and liabilities beyond 10 years.
Funding analysis: Model current and alternative bonding and severance tax structures; compare reclamation and bonding programs in West Virginia, Virginia, and Kentucky.
Deliverables: Written report with actuarial opinion and recommendations, project work plan and communication schedule, and essential onsite meetings, including an exit conference.
Qualifications: Firm and lead FCAS or FSA must each have at least 10 years of insurance industry experience, plus one additional credentialed actuary meeting the additional experience requirements.
Quote: Provide a not-to-exceed price, three comparable client references, and three comparable project reports. Service term runs through June 30, 2027.