2025-02_Mar_24_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) issued by the Connecticut Paid Leave Authority for Solicitation Number 2025-02, seeking actuarial services to monitor the CT Paid Family and Medical Trust Fund. The solicitation was released on February 06, 2025, with a proposal submission deadline of March 10, 2025. The RFP is open to all vendors and aims to secure 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 vendor Q&A period runs from February 06, 2025, at 9:00 AM EST to February 18, 2025, at 4:00 PM EST, allowing potential bidders to seek clarification on the requirements.
The RFP does not specify a fixed estimated total value and indicates that payment terms will be vendor-specified. The primary objective is for the selected actuarial firm to perform periodic assessments of the Trust Fund's financial health, including evaluating the Fund's capacity to pay benefits and determining when adjustments to benefit payments may be necessary to maintain solvency. The contract will be delivered with Free On Board Destination terms, and interested vendors can direct any questions to Amber Forrest at the Connecticut Paid Leave Authority, located at 450 Columbus Blvd Suite 1503, Hartford, CT 06103, with contact information provided as telephone number 860-558-6691 and email amber.forrest@ct.gov.
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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 .