Exhibit C - Pricing & Rates - RFP AABA 2027-0047 Total Compensation Actuarial Services.xlsx

This is a Pricing and Rates exhibit (Exhibit C) for RFP AABA 2027-0047 regarding Total Compensation Actuarial Services. The document outlines a five-year contract term spanning State Fiscal Years 2027/28 through 2031/32. The scope of work includes Annual Compensation Reports for years 1, 2, 4, and 5, with deliverables including work plans, market study methodology, core and rotational benchmark job lists, comparable employers data, market analysis, classification and compensation structure analysis, and executive summaries due no later than June 30th and January 31st respectively. A Quadrennial Compensation Report is required in year 3 with similar deliverables plus benefits and total remuneration analysis, following the same milestone schedule.

The pricing structure shows all milestone payments and contract year costs listed as $0.00, indicating this is a template document awaiting offeror pricing submissions. The exhibit includes provisions for Ad-Hoc Project Rates with professional service roles and standard hourly rates, all currently shown as $0.00. The contract spans five fiscal years with total spend by year to be determined based on submitted pricing. This exhibit serves as the pricing template where competing offerors must provide their proposed compensation for the annual and quadrennial actuarial services, along with hourly rates for any additional project work requested during the contract term.