Life/Health, Property/Casualty Actuarial Services and Rate Review Services
Active State & local contract Michigan Awarded
- Contract number
- MA240000001430
- Awardee
- Axene Health Partners, LLC.
- Contracting organization
- Department Technology, Management and Budget
Contract facts
- Cumulative value
- $1,863,636
- End date
- Points of contact
-
- Mary Ostrowski ostrowskim@michigan.gov (517) 249-0438
- Julie Merriman merrimanj2@michigan.gov (517) 230-9633
- Bob Lamberjack lamberjackr@michigan.gov (517) 977-8572
Contract details come from michigan.gov. Updated .
About this contract
This indefinite delivery vehicle provides Life/Health and Property/Casualty actuarial services and rate review services to support the State of Michigan's Department of Insurance and Financial Services (DIFS). The contract establishes a prequalified pool of actuaries available to perform insurance examinations, statutory reports, public policy research, and rate review services. Services are delivered through a second-tier competitive selection process, enabling the state to engage qualified actuarial professionals for specialized consulting needs on an as-needed basis. The scope encompasses comprehensive actuarial support for both life/health and property/casualty insurance matters, supporting regulatory and administrative functions across Michigan's insurance oversight operations.
The prime contractor is Axene Health Partners, LLC, a California corporation, with the State of Michigan's Department of Technology, Management and Budget serving as the contracting organization. The contract is effective February 1, 2025, through January 31, 2028, with three optional one-year renewal periods available at the state's sole discretion. The estimated aggregate contract value is $1,863,636.00, with firm hourly rates of $260.00 for both Associate Actuaries and Actuaries, inclusive of all travel costs. The contract provides extended purchasing provisions to MiDEAL members and other states upon written agreement, and includes a 1% administrative fee on all payments with Net 45 payment terms.
Files
| File | Type | Posted |
|---|---|---|
| 240000001430.pdf |
Quick answers
Who holds contract MA240000001430?
Contract MA240000001430 was awarded to Axene Health Partners, LLC. by Department Technology, Management and Budget in Michigan on February 1, 2025.
How much is contract MA240000001430 worth?
Its cumulative value is $1,863,636.
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