DOI26002-ACTUARIAL_ad1.pdf

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Attached to
Actuarial Consulting Services State and local contract opportunity
Solicitation number
DOI26002-ACTUARIAL
Issued by
Kent County, Delaware

About this file

This is Addendum #1 to an Invitation to Bid issued by the Delaware Department of Insurance for actuarial consulting services under RFP DOI26002. The addendum adjusts critical project timelines due to the high volume of vendor questions received. The deadline for the Department to publish responses to vendor questions has been extended from Thursday, July 9, 2026 to Wednesday, July 15, 2026. Consequently, the proposal submission deadline has been shifted from Thursday, July 16, 2026 to Wednesday, July 22, 2026 at 4:00 PM local time. The Department determined that this revised timeline provides vendors with a reasonable opportunity to finalize their proposals. The contract encompasses department-wide actuarial consulting services across two categories: Discrete Billable Services including property and casualty rate filings reviews, workers compensation loss reserve analysis, captive application reviews, accident and health rate filing reviews, life and annuity form filing reviews, value-based health care delivery consulting, and long-term care/Medicare Supplement rate reviews; and Discretionary Non-Billable Services for as-needed work. The contract term is three years with two optional one-year extensions.

All other terms and conditions of the original solicitation remain unchanged. This addendum does not modify pricing requirements, insurance coverage mandates, evaluation criteria, or any substantive contract provisions. Vendors must continue to submit detailed pricing with all costs explicitly stated and no additional charges permitted without written Department consent. The Department will evaluate proposals on experience and education in actuarial services (45 points), demonstrated ability to perform and meet deadlines (25 points), administrative structure and approach (10 points), business references (10 points), and financial terms (10 points). Award notification is estimated for August 17, 2026. The State reserves the right to award to multiple vendors, reject any or all proposals, and negotiate with selected vendors.

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DOI26002-ACTUARIAL_rfp.pdf PDF
DOI26002-ACTUARIAL_qa.pdf PDF

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Text version

July 8, 2026

TO: ALL OFFERORS

FROM: ALISA PRITCHARD

REGULATORY SPECIALIST; DELAWARE DEPARTMENT OF INSURANCE

SUBJECT: ADDENDUM TO INVITATION TO BID – DOI26002-ACTUARIAL ACTUARIAL

CONSULTING SERVICES

ADDENDUM # 1

The Department is adjusting the date for publishing responses to vendor questions from Thursday, July 9, 2026 to Wednesday, July 15, 2026, due to operational needs arising from the volume of vendor questions received. Accordingly, the deadline for receipt of proposals is being updated from Thursday, July 16, 2026 to Wednesday, July 22, 2026, at 4:00 PM (Local Time). The Department has determined that the revised timeline provides a reasonable opportunity for vendors to finalize their proposals.

All other terms and conditions remain the same.

If you have any questions, please contact me at doi-legal@delaware.gov.

ADDENDUM # 1

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