911 Reserve Fund Actuarial Study

The Maryland 9-1-1 Board is requesting proposals for a 911 Reserve Fund Adequacy Actuarial Study under TORFP BPM058783, with proposals due September 18, 2026. Amendment #1, issued September 9, reschedules the pre-TORFP teleconference to September 14, 2026 at 9:00 AM ET (virtual); RSVP deadline is September 11 at 2:00 PM ET with Attachment A, the Pre-TORFP Teleconference Response Form, required for the virtual meeting link.

The scope requires comprehensive actuarial analysis to validate the current reserve level for Maryland's 911 system and provide recommendations on best practices for establishing and maintaining appropriate reserve levels over time. The engagement includes detailed assessment of reserve fund adequacy, analysis of financial trends, and strategic guidance for reserve management.

Offerors must submit a Financial TOP Form (Attachment B) with labor costs broken down across nine specified categories—Partner, Manager, Cost Accountant, Financial Analyst, Audit Supervisor, Senior Auditor, Staff Auditor, Subject Matter Expert, and Business Process Consultant—across up to six contract months. All proposed labor rates must not exceed the firm's approved Master Contract rates; hours must align with the technical proposal. Non-routine travel costs may be included as a line item. The completed Financial TOP Form serves as the binding financial offer and total evaluated price for award consideration.

The RFP targets experienced actuarial consultants or firms with demonstrated expertise in reserve fund analysis and 911 emergency services funding structures. The procurement seeks independent validation of Maryland's 911 reserve fund status and actionable recommendations to ensure long-term financial sustainability and compliance with industry best practices for emergency services funding.