DOI26003-ACTUARIAL-ad1.pdf

This is an addendum to an Invitation to Bid issued by the Delaware Department of Insurance for actuarial consulting services under solicitation DOI26003-ACTUARIAL. The addendum, dated September 16, 2026, announces revised timeline adjustments to the original procurement schedule. The deadline for the Department to publish responses to vendor questions has been extended from Monday, September 14, 2026 to Thursday, September 24, 2026 due to operational needs. Correspondingly, the proposal submission deadline has been shifted from Friday, September 25, 2026 to Thursday, October 1, 2026 at 4:00 PM local time. The Department has determined that the revised timeline provides vendors with a reasonable opportunity to finalize their proposals. The scope of the original solicitation includes actuarial analysis, rate review support, financial modeling, and expert consultation on insurance-related actuarial matters in support of the Department's regulatory and operational functions.

All other terms and conditions of the original Invitation to Bid remain unchanged. Proposals will continue to be evaluated based on technical merit, experience, qualifications, and cost-effectiveness. The Department will select the most qualified vendor or vendors capable of delivering services that meet state regulatory requirements and operational needs. For additional information or questions regarding this addendum or the solicitation, offerors should contact doi-legal@delaware.gov.