Actuarial Analysis - Merlinos & Associates
Ended State & local contract Michigan Awarded
- Contract number
- MA210000000132
- Awardee
- Davies Actuarial, Audit & Consulting, Inc.
- Contracting organization
- Labor and Economic Opportunity
Contract facts
- Cumulative value
- $123,975
- End date
- Points of contact
-
- Richard Smith smithr3@michigan.gov (517) 284-8872
- Jim Wilson wilsonj4@michigan.gov (517) 241-0002
- Emily McDonough mcdonoughe@michigan.gov
Contract details come from michigan.gov. Updated .
About this contract
This indefinite delivery vehicle provides actuarial analysis services to support the State of Michigan's Self-Insurers' Security Fund (SISF). The contract establishes a framework for conducting annual actuarial analyses of active workers' compensation claims and estimating future benefit payment obligations. Services are delivered through a structured annual cycle, with actuarial analyses conducted between December and February each year, featuring draft reports due by February 5 and final reports completed by February 15. The contractor provides tiered actuarial expertise, including Level I Actuaries, Level III Actuaries, and Actuarial Analysts, with hourly rates ranging from $205 to $305 per hour depending on position level and experience.
Merlinos & Associates serves as the prime contractor under this IDV with the Michigan Department of Labor and Economic Opportunity. The contract was executed on December 1, 2020, with an initial performance period extending through November 30, 2025, and includes two optional two-year renewal periods at the State's discretion. The estimated contract value at execution is $123,975.00 with firm pricing maintained throughout the contract term. This indefinite delivery vehicle covers the state of Michigan and is structured as a labor and economic opportunity contract type, requiring weekly progress meetings and allowing the State audit and inspection rights for all work products within seven calendar days of receipt.
Files
| File | Type | Posted |
|---|---|---|
| 210000000132.pdf |
Quick answers
Who holds contract MA210000000132?
Contract MA210000000132 was awarded to Davies Actuarial, Audit & Consulting, Inc. by Labor and Economic Opportunity in Michigan on December 1, 2020.
How much is contract MA210000000132 worth?
Its cumulative value is $123,975.
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