Life/Health, Property/Casualty Actuarial Services and Rate Review Services
Active State & local contract Michigan Awarded
- Contract number
- MA240000001429
- Awardee
- TAYLOR & MULDER, INC.
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $1,863,636
- End date
- Points of contact
-
- Bob Lamberjack lamberjackr@michigan.gov (517) 977-8572
- Julie Merriman merrimanj2@michigan.gov (517) 230-9633
- Mary Ostrowski ostrowskim@michigan.gov (517) 249-0438
Contract details come from michigan.gov. Updated .
About this contract
The master indefinite delivery vehicle provides comprehensive Life/Health and Property/Casualty actuarial services, including rate review services on an as-needed basis. The contract establishes a prequalification vehicle through which the Department of Insurance and Financial Services and other authorized state entities may procure actuarial expertise through second-tier competitive selection processes. Services are available across multiple personnel classifications, with hourly rates ranging from $50.00 for Administrative Associate positions to $345.00 for Actuary and Peer Review roles, with all travel costs included in the pricing structure.
The prime contractor is Taylor & Mulder, Inc., a Maryland corporation, under a contract administered by the Michigan Department of Technology, Management and Budget. The contract period runs from February 1, 2025, through January 31, 2028, with three available one-year renewal options at the State's discretion. The estimated aggregate contract value is $1,863,636.00, with coverage extended to the State of Michigan and MiDEAL members. The contract requires professional liability insurance with $3,000,000 each occurrence and annual aggregate limits, and includes a 1% administrative fee on all payments made under the vehicle.
Files
| File | Type | Posted |
|---|---|---|
| 240000001429.pdf |
Quick answers
Who holds contract MA240000001429?
Contract MA240000001429 was awarded to TAYLOR & MULDER, INC. by Department Technology, Management and Budget in Michigan on February 1, 2025.
How much is contract MA240000001429 worth?
Its cumulative value is $1,863,636.
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