200000000042.pdf
PDF 12 MB Posted
- Contract number
- MA200000000042
- Issued by
- Michigan
About this file
This is a State of Michigan contract with Actuarial & Technical Solutions, Inc. for captive insurance company actuarial examination services. The contract is administered by the Michigan Department of Insurance and Financial Services (DIFS), with David Piner serving as the Program Manager and Matt Torok as the Contract Administrator for the State. Kristine M. Fitzgerald serves as the authorized contractor representative. The contract number is 200000000042, and it operates as an indefinite delivery vehicle with a pre-qualification pool structure for services issued through purchase orders and requests for quotes.
The contract provides actuarial examination services for Michigan-licensed captive insurance companies, with an initial three-year term from November 1, 2019, through October 31, 2022, and two two-year renewal options available at the State's discretion. Change Notice 2, executed effective November 21, 2023, exercises the final two-year option, extending the contract expiration to October 31, 2026. The estimated aggregate contract value is $60,000. Pricing is structured on hourly rates: credentialed actuaries at $220.00 per hour, actuarial analysts at $100.00 per hour, and administrative support at $50.00 per hour. The contract requires contractors to maintain appropriate professional affiliations and insurance certifications, comply with Michigan insurance laws, and submit work products and examination findings to DIFS. Contractors must be available for meetings, hearings, and administrative proceedings related to examinations and are subject to background checks and security procedures.
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Text version
Revised 2/2019
CONTRACT CHANGE NOTICE
Change Notice Number 2.
to Contract Number 200000000042.
C O
N
TR
A C
TO
R
Actuarial & Technical Solutions, Inc.
ST
A
TE
Pr og ra m M an ag er
David Piner DIFS
1767 Veterans Memorial Highway, Ste 16 517-284-8759
Islandia, New York 11749 pinerd@michigan.gov
Kristine M. Fitzgerald
C on tra ct
Ad m in is tra to r Drew Simon DIFS
631-471-8655 517-930-7725 kfitzgerald@actuarialsolutions.com Simond13@michigan.gov
CV0002074
STATE OF MICHIGAN PROCUREMENT
Department of Insurance and Financial Services
530 W Allegan St., Lansing MI 48933
CONTRACT SUMMARY
DESCRIPTION: Captive Insurance Company Actuarial Examinations
INITIAL EFFECTIVE DATE INITIAL EXPIRATION DATE
INITIAL AVAILABLE
OPTIONS
EXPIRATION DATE BEFORE
CHANGE(S) NOTED BELOW
11-01-2019 10-31-2022 2, two-year options 10-31-2024
PAYMENT TERMS DELIVERY TIMEFRAME
Net 45
ALTERNATE PAYMENT OPTIONS EXTENDED PURCHASING
☐ P-card ☐ Payment Request (PRC) ☐ Other ☐ Yes ☒ No
MINIMUM DELIVERY REQUIREMENTS
DESCRIPTION OF CHANGE NOTICE
OPTION LENGTH OF OPTION EXTENSION LENGTH OF
EXTENSION REVISED EXP. DATE
☒ 2 years ☐ 10-31-2026
CURRENT VALUE VALUE OF CHANGE NOTICE ESTIMATED AGGREGATE CONTRACT VALUE
$60,000.00 $0.00 $60,000 DESCRIPTION: Effective 11-21-2023, this Contract is exercising the last two-year option. The revised contract expiration date is 10-31-2026.
The Contract Administrator for the State has been updated to the following:
Drew Simon 517-930-7725 SimonD13@michigan.gov
All other terms, conditions, specifications, and pricing remain the same. Per contractor and agency
Revised 2/2019
CHANGE NOTICE NO. 2 TO CONTRACT NO. 200000000042
FOR THE CONTRACTOR:
ACTUARIAL & TECHNICAL SOLUTIONS, INC.
Company Name
Authorized Agent Signature
Kristine Fitzgerald Authorized Agent (Print or Type)
Date
FOR THE STATE:
Signature
Megan Ramos, CFO and Budget Director Name & Title
MI Department of Insurance and Financial Services Agency
Date agreement, and DTMB Central Procurement Services approval.
File details come from the government source that posted it. Updated .