Cost Proposal Form RFP 2600000110.xlsx

This is a Cost Proposal Form for RFP 2600000110 related to Actuarial Services (C5903) for the State of Kentucky. The procurement seeks actuarial services including managed care services with value-based payment plans, risk adjustment, non-emergency medical transportation (NEMT), directed payments, budget forecasting services, medical loss ratio adjustment, and encounter data monitoring. The contract includes an Initial Term covering fiscal years 2027 and 2028, with a First Renewal Term covering fiscal years 2029 and 2030. Additional Financial Analysis Activities are available on an hourly basis with specific rates for Project Manager (100 hours), Director-Actuary (175 hours), Consultants in Actuarial or IT (300 hours), Associates in IT or Support Staff (400 hours), and Administrative Support Staff (25 hours). Optional Services are available at an average hourly rate with 500 hours allowed per legislative session in the first year and 1,000 hours in the second year.

Vendors must complete the cost proposal form by providing estimated costs for each fiscal year in both the Initial Term and Renewal Term periods, along with hourly rates for additional services and optional services. The form requires a supporting narrative detailing the costs proposed and must be signed by an authorized representative of the vendor organization. The form structure indicates separate cost calculations for each fiscal year, with totals computed for both terms, and provides space for optional service cost estimates for informational purposes only. All cost entries are currently blank in the template, indicating this is a blank form awaiting vendor completion and submission.