Actuarial Services

What the solicitation documents require

We read the solicitation documents for this bid (7 documents, 156 pages). Each item shows the file and page it came from. Check the original documents and any addenda before you bid.

Due date and time

• Submittals must be received by 2:00 P.M. Central Time on October 23, 2026. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 1)

How to submit

• Email RFQ responses to SOPROCUREMENT@TAMUS.EDU with subject line: SBA-27-289 ACTUARIAL SERVICES. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 1)

Insurance

• Workers' compensation: statutory benefits; employers liability $1,000,000 each accident, $1,000,000 disease/employee, $1,000,000 disease/policy limit. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 24)
• Business auto liability: at least $1,000,000 combined single limit per accident, covering owned, non-owned and hired autos. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 24)
• Commercial general liability: $1,000,000 each occurrence, $2,000,000 general aggregate, $1,000,000 products/completed operations. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 24)
• Excess/umbrella liability required in excess of all insurance required under the Agreement, on a follow-form basis. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 24)
• Professional liability (errors and omissions): at least $2,000,000 each occurrence, $4,000,000 aggregate. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 25)

Set-aside and participation goals

• The VetHUB subcontracting goal for this solicitation is 2%. (ESBD_564831_1791234320752_Attachment A - State of Texas Subcontracting Plan (SP) Form.pdf, p. 1)
• A vendor using subcontractors must show good faith effort to recruit certified VetHUBs. (ESBD_564831_1791234320752_Attachment A - State of Texas Subcontracting Plan (SP) Form.pdf, p. 1)

Contract term

• Initial term is three (3) years from the effective date, with an option to extend up to three (3) additional years. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 5)
• Total term of the Agreement shall not exceed five (5) years from the Effective Date. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 36)

Pricing format

• Fees on the cost worksheet must be guaranteed for the initial three-year term; list staff with title, credentials and hourly rates. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 28)

Forms to return

• Return the Non-Collusion Affidavit. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 2)
• Return Attachment A: State of Texas Subcontracting Plan (SP) Form. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 2)
• Return the Addenda Acknowledgment. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 20)

Scope highlights

• Actuarial services for the self-insured group health plan, dental, benefits, retirement, and Self-Insured programs administered by SRM. (ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf, p. 10)

Documents we read

• ESBD_564831_1791234253612_SBA-27-289 Actuarial Services RFQ.pdf 46 pages
• ESBD_564831_1791234320752_Attachment A - State of Texas Subcontracting Plan (SP) Form.pdf 7 pages
• ESBD_564831_1791234380784_Annual Actuarial Pricing Report.pdf 7 pages
• ESBD_564831_1791234405017_GASB Valuation.pdf 56 pages
• ESBD_564831_1791234430555_IBNR Reserve Estimate.pdf 9 pages
• ESBD_564831_1791234449589_WCI Actuarial Report.pdf 28 pages
• ESBD_564831_1792015858696_SBA-27-289 Addendum 1.pdf 3 pages