2025-02_Mar_3_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) document issued by the Connecticut Paid Leave Authority seeking actuarial services to monitor the CT Paid Family and Medical Trust Fund. The RFP (Solicitation Number 2025-02) opens on February 6, 2025, at 8:00 AM EST and closes on March 10, 2025, at 12:00 PM EDT. Vendor questions will be accepted from February 6, 2025, at 9:00 AM EST through February 18, 2025, at 4:00 PM EST. The scope of work requires the selected firm to conduct regular reviews of contribution and claim levels to determine the Fund's ability to pay wage replacement benefits at statutory rates, as well as evaluate when benefit payment adjustments may be necessary to maintain Trust Fund solvency.

The RFP is open to all vendors and specifies Free On Board Destination delivery terms with vendor-specified payment terms. No estimated total value is provided in the document. Two supporting documents are referenced: "Actuarial RFP 2025-02 - Final.pdf" and "Actuarial RFP 2025-02 QA Responses.pdf." The solicitation has been designated as having no line items, indicating a service-based rather than commodity-based procurement.

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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 .