The original documents
Deadline: January 11, 2027
See the original on oregonbuys.gov
Bidding it yourself? Get the full package and submit on OregonBuys before January 11, 2027.
What they need
- Annual reviewJune 30 valuations for tort liability, property, and workers’ compensation, including outstanding liabilities, incurred but not yet reported reserves, and annual funding recommendations.
- AnalysisInclude claim payments, legal fees, and loss adjustment expenses using accepted actuarial practices consistent with GASB Statement No. 10, with agreed confidence levels and discount rates.
- Program sizeApproximately 50,000 full-time equivalent employees and $2.7 billion in annual payroll; historical claims and exposure data will be provided.
- SupportProject kickoff and plan, report revisions, additional data breakdowns, and reserve/funding audit support.
- Term and pricingSix years, with potential extensions to ten years. Provide an annual review fee and fully loaded hourly rates for additional consultation.
- QualificationsIndependent actuaries with maintained actuarial designations meeting NAIC property and casualty education and continuing education standards.
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