2025-02_Mar_17_25_solicitation_doc.pdf

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RFP for Actuarial Services to Monitor CT Paid Family and Medical Trust Fund
Solicitation number
2025-02
Issued by
Connecticut

About this file

This is a Request for Proposal (RFP) issued by the Connecticut Paid Leave Authority for Actuarial Services to Monitor the CT Paid Family and Medical Trust Fund, solicitation number 2025-02. The RFP is open to all vendors and seeks a firm to conduct regular reviews of contribution and claim levels to assess the Fund's ability to pay wage replacement benefits as defined by statute. The solicitation was released on February 06, 2025, with a vendor Q&A period from February 06, 2025, at 9:00 AM EST to February 18, 2025, at 4:00 PM EST, and proposals are due by March 10, 2025, at 12:00 PM EDT.

The RFP does not specify an estimated total value or provide detailed pricing terms. The contract aims to secure actuarial services to periodically review the Trust Fund's financial status and determine when benefit payment adjustments may be necessary to maintain solvency. The contact person for this solicitation is Amber Forrest, who can be reached at 860-558-6691 or amber.forrest@ct.gov. Delivery terms are specified as Free On Board Destination, with payment terms to be specified by the vendor. No line items were designated in the solicitation, and the documents include the main RFP and a Q&A responses file.

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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 .