Attachment B Technical Approach.docx
DOCX document 21 KB Posted
- Solicitation number
- 120961 O5
- Issued by
- Lancaster County, Nebraska
About this file
This is a Technical Approach document (Attachment B) for Request for Proposal Number 120961 O5 issued by the Nebraska Public Employees Retirement Systems (NPERS) for Actuarial Services. The document requires bidders to provide detailed responses explaining their approach to delivering actuarial consulting services for public pension funds. Bidders must address nine specific areas: general actuarial consulting services, actuarial valuation services for defined benefit and cash balance funds, GASB services for single and multiple employer funds, projection services, actuarial experience studies, benefit adequacy studies, supplemental services, and legislative expertise.
The document emphasizes that simple statements of compliance will be considered non-responsive, and bidders must provide sufficient detail to differentiate their solutions from other bidders. Each response must demonstrate both how the bidder will comply with requirements and the effort required to achieve compliance. The document specifically notes that responses should be detailed enough to allow the State to evaluate and distinguish between different bidders' proposed solutions.
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Text version
ATTACHMENT B
Technical Approach
Request for Proposal Number 120961 O5
Bidder Name: ______________________________
Bidders shall complete and submit a Technical Approach Document to provide Actuarial Services for the Nebraska Public Employees Retirement Systems (NPERS). Bidders are required to describe in detail how their proposed solution meets the specifications outlined within each Requirement.
The Technical Approach Document must indicate how the bidder intends to comply with the requirement and the effort required to achieve that compliance. It is not sufficient for the bidder to simply state that it intends to meet the requirements of the RFP. The State will consider any such response to the requirements in this RFP to be non-responsive. The narrative should provide the State with sufficient information to differentiate the bidder’s solution from other bidders’ solutions.
TECHNICAL APPROACH
1. Describe bidder’s understanding of the Scope of Work for this RFP.
Bidder response:
2. Describe bidder’s approach for providing Actuarial Consulting Services for public pension funds.
Bidder response:
3. Describe bidder’s approach for providing Actuarial Valuation Services for defined benefit and cash balance public pension funds. Give examples.
Bidder response:
4. Describe bidder’s approach for providing GASB Services for single and multiple employer public pension funds. Give examples.
Bidder response:
5. Describe bidder’s approach for providing Projection Services for public pension funds. Give examples.
Bidder Response:
6. Describe bidder’s approach for providing Actuarial Experience Studies for public pension funds. Give examples.
Bidder Response:
7. Describe bidder’s approach for providing Benefit Adequacy Studies for public pension funds.
Bidder Response:
8. Describe bidder’s approach for providing Supplemental Services for public pension funds.
Bidder Response:
9. Describe bidder’s experience at providing Legislative Expertise for public pension funds.
Bidder Response:
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