6354_Aug_30_24_solicitation_doc.pdf

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RFP for Actuarial Services to Monitor CT Paid Family and Medical Trust Fund
Solicitation number
6354
Issued by
Hartford County, Connecticut

About this file

This document is a Request for Proposal (RFP) issued by the Connecticut Paid Family and Medical Leave Insurance Authority seeking an actuarial firm to conduct independent and periodic actuarial reviews of the reserve requirements of the Paid Leave Authority Trust Fund. The review and analysis must be conducted in accordance with Generally Accepted Accounting Principles (GAAP). The Trust Fund is the sole resource available to pay Paid Leave benefits to eligible claimants. The RFP has a submission deadline of February 28, 2022 at 5:00 PM EST, with a vendor question and answer period open from February 4 to February 18, 2022.

The RFP does not specify pricing terms or set-asides. It notes that the Trust Fund is funded by contributions of not more than one-half of one percent of wages from covered employees, sole-proprietors, and self-employed individuals enrolled in the Paid Leave program. The Trust Fund is the sole resource available to pay Paid Leave benefits to eligible claimants under Connecticut General Statute 31-49e.

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Text version

Solicitation Number: 6354

RFP for Actuarial Services to Monitor CT Paid Family and

Medical Trust Fund

Request for Proposal (RFP)

Connecticut Paid Leave Authority

February 04, 2022 - February 28, 2022

Page:2

General Header Information

No. 6354 Title: RFP for Actuarial Services to Monitor CT Paid Family and Medical Trust

Fund Start Date: February 04, 2022 at 11:45:00 AM EST End Date: February 28, 2022 at 5:00:00 PM EST Vendor Q&A Start Date: February 04, 2022 at 12:00:00 PM EST Vendor Q&A End Date: February 18, 2022 at 5:00:00 PM EST Estimated Total Value:

Who can respond to this bid? : All Vendors Description: The Connecticut Paid Family and Medical Leave Insurance Authority

(“the Paid Leave Authority” or “the Authority”), seeks an actuarial firm to conduct an independent and periodic actuarial review of the reserve requirements of the Paid Leave Authority Trust Fund (“Trust Fund”). The review and analysis shall be conducted in accordance with Generally Accepted Accounting Principles (GAAP). The Paid Leave Authority provides benefits to qualified claimants seeking wage replacement while taking leave for reasons stated in Connecticut General Statute 31-49e,

et. seq. (“the Statute”) Employees working for employers covered by C.G.S. 31-49e et. seq., sole-proprietors, and self-employed individuals who have enrolled in the Paid Leave program contribute not more than one-half of one percent of wages to the Paid Leave Trust Fund. The Trust Fund is the sole resource available to pay Paid Leave benefits to eligible claimants.

Delivery Terms: N/A: Not Applicable Payment Terms: Unspecified Contact Information: Connecticut Paid Leave Authority

Loc Pho 450 Columbus Blvd. Ste 1501 Hartford CT, 06103 United States Tel: (860) 996-0847 loc.pho@ct.gov

Amber Forrest 450 Columbus Blvd. Ste 1501 Hartford CT, 06103 United States Tel: (860) 558-6691 amber.forrest@ct.gov

Contact Details: If you have any questions, please contact:

Loc Pho 450 Columbus Blvd. Ste 1501 Hartford CT, 06103 United States Tel: (860) 996-0847 loc.pho@ct.gov

Amber Forrest 450 Columbus Blvd. Ste 1501 Hartford CT, 06103 United States Tel: (860) 558-6691 amber.forrest@ct.gov

Selected Categories:

Page:3

This bid has no questions defined.

Page:4

Documents:

Actuarial RFP 2022-02 - Final.pdf

Actuarial RFP 2022-02 - Final Revised with QA.pdf

Page:5

Item Specifications Solicitation has been designated as having no line items.

Page:6

File details come from the government source that posted it. Updated .