2025-02_Apr_21_25_solicitation_doc.pdf
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- Solicitation number
- 2025-02
- Issued by
- Connecticut
About this file
This is a Request for Proposal (RFP) #2025-02 issued by the Connecticut Paid Leave Authority for actuarial services to monitor the CT Paid Family and Medical Trust Fund. The solicitation seeks a professional firm to conduct regular comprehensive reviews of contribution and claim levels, with the primary objectives of assessing the Fund's ability to pay wage replacement benefits at statutorily defined rates and determining potential adjustments to ensure ongoing solvency. The RFP was released on February 6, 2025, with a vendor Q&A period running from February 6 to February 18, 2025, and proposals are due by March 10, 2025, at 12:00 PM EDT. The procurement is open to all vendors and specifies delivery terms as Free On Board Destination with vendor-specified payment terms.
The solicitation does not provide an estimated total contract value or specific budget range, and there are no mentioned set-aside designations or disadvantaged enterprise requirements. The contact person for inquiries is Amber Forrest at the Connecticut Paid Leave Authority, located in Hartford, CT. The selected firm will be responsible for performing regular financial reviews, analyzing the Trust Fund's financial sustainability, and providing recommendations for potential benefit payment adjustments to maintain the Fund's solvency. Interested actuarial firms will need to demonstrate expertise in analyzing paid family and medical leave trust fund dynamics and provide a comprehensive methodology for conducting the required financial assessments.
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Text version
Solicitation Number: 2025-02
RFP for Actuarial Services to Monitor CT Paid Family and
Medical Trust Fund
Request for Proposal (RFP)
Connecticut Paid Leave Authority
February 06, 2025 - March 10, 2025
Page:2
General Header Information
This bid has no questions defined.
2025-02
No. 2025-02 Title: RFP for Actuarial Services to Monitor CT Paid Family and Medical Trust
Fund Start Date: February 06, 2025 at 8:00:00 AM EST End Date: March 10, 2025 at 12:00:00 PM EDT Vendor Q&A Start Date: February 06, 2025 at 9:00:00 AM EST Vendor Q&A End Date: February 18, 2025 at 4:00:00 PM EST Estimated Total Value:
Who can respond to this bid? : All Vendors Description: The Paid Leave Authority seeks a firm that will conduct a regular review of contribution and claim levels to determine the Fund’s ability to pay wage replacement benefits at the rates defined by the Statute. The Authority also seeks a regular review of the Trust Fund to determine when and whether it should adjust benefits payments to assure the Trust Fund’s solvency, pursuant to its power to do so under the Statute.
Delivery Terms: Free On Board Destination Payment Terms: Vendor Specified Contact Information: Connecticut Paid Leave Authority
Amber Forrest 450 Columbus Blvd Suite 1503 Hartford CT, 06103 United States Tel: 860-558-6691 amber.forrest@ct.gov
Contact Details: If you have any questions, please contact:
Amber Forrest 450 Columbus Blvd Suite 1503 Hartford CT, 06103 United States Tel: 860-558-6691 amber.forrest@ct.gov
Selected Categories:
Page:3
Documents:
Actuarial RFP 2025-02 - Final.pdf
Actuarial RFP 2025-02 QA Responses.pdf
Page:4
Item Specifications Solicitation has been designated as having no line items.
Page:5
File details come from the government source that posted it. Updated .