Actuarial Analysis Services

Laramie County School District #1 in Cheyenne, Wyoming is seeking Actuarial Analysis Services through a Request for Proposal (RFP) for comprehensive pension and Other Post-Employment Benefits (OPEB) reporting. The contract, scheduled from July 1, 2025, to June 30, 2028, with potential three-year renewals, requires a qualified actuarial firm to provide detailed analysis compliant with Governmental Accounting Standards Board (GASB) Statements 67, 68, 74, and 75. Key deliverables include determining post-retirement benefits actuarial liability, breaking down pension and OPEB expense components, and generating various detailed schedules and summaries. Proposals are due on January 8, 2025, at 2:00 p.m., with evaluation to be conducted by the district's purchasing committee. The selected vendor must systematically recognize pension and OPEB costs over employees' service years, provide robust data privacy measures, and possess expertise in complex actuarial reporting for a technological infrastructure managing 7,000 computers, 17,000 iPads, and 250+ servers.

The RFP does not explicitly specify set-aside designations for disadvantaged enterprises, but vendors must register on the Rocky Mountain E-Purchasing System and comply with Wyoming state statutes regarding resident preferences. Potential respondents must provide a comprehensive vendor application, including a W-9, Certificate of Insurance, and adherence to the National Institute of Governmental Purchasing Code of Ethics. Pricing for services must be fixed for the entire contract duration, with no escalation allowed, and travel expenses reimbursed at 75% of full per diem according to current IRS guidelines. While specific budget ranges are not disclosed, the district's complex technological ecosystem and detailed reporting requirements suggest a sophisticated and potentially substantial contract. Vendors must demonstrate technical capability to integrate with existing systems like Tyler ERP for HR and payroll, and ensure exclusive district ownership of all generated data. The district emphasizes fair competition, ethical standards, and comprehensive vendor vetting through a detailed application process.