6354_Mar_24_25_solicitation_doc.pdf
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- Solicitation number
- 6354
- Issued by
- Hartford County, Connecticut
About this file
This document 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 6354. The RFP was released on February 4, 2022, with a response deadline of February 28, 2022, and includes a vendor Q&A period from February 4 to February 18, 2022. The primary objective is to secure an actuarial firm to conduct independent and periodic reviews of the Trust Fund's reserve requirements, with the analysis to be performed in accordance with Generally Accepted Accounting Principles (GAAP). The selected vendor will assess the financial health of the Trust Fund, which supports wage replacement benefits for qualified claimants under Connecticut General Statute 31-49e.
The solicitation is open to all vendors, with no specific set-aside designations or disadvantaged business enterprise requirements mentioned. The Trust Fund is financed through contributions of up to 0.5% from employees, sole-proprietors, and self-employed individuals enrolled in the Paid Leave program. Payment terms are listed as unspecified, and no estimated total contract value is provided. The RFP does not include line items or detailed budget information. The selected actuarial firm will be responsible for evaluating the Trust Fund's financial reserves and its capacity to meet ongoing benefit obligations for eligible claimants, with the Trust Fund serving as the sole resource for paying Paid Leave benefits.
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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 .