Actuarial services

The Texas Department of Transportation (TxDOT) is seeking actuarial services through a solicitation posted on the Bonfire procurement platform with the identification number 601440000048384. The primary objective of this contract opportunity is to procure insurance advisory services that will assist the department in determining and evaluating appropriate types and levels of insurance coverage for transportation project development. Potential vendors must register through the Bonfire website and submit their responses by June 20, 2025, with all solicitation-related information and updates to be posted on the platform. Respondents will be evaluated using the National Institute of Governmental Purchasing (NIGP) code for vendor selection, and must ensure their qualifications align with the specific insurance advisory requirements. The procurement contact for this opportunity is Maria Felan, who can be reached at Lucy.Felan@txdot.gov or by phone at 409-898-5750. Vendors are required to have expertise in insurance coverage analysis, risk assessment, and transportation infrastructure insurance strategies.

The solicitation appears to be open to all qualified vendors, with an emphasis on ensuring current registration with the Texas Comptroller of Public Accounts Centralized Master Bidders List (CMBL). TxDOT is offering an Early Payment Program that provides prioritized invoice processing and potential cash discounts for participating vendors who complete the associated program form. While specific set-aside designations are not explicitly detailed in the available documentation, vendors are encouraged to verify their eligibility and ensure their CMBL information is current. The procurement does not specify a precise budget range or award value, though it suggests a comprehensive insurance advisory engagement for transportation project development. Interested vendors should carefully review all solicitation documents and ensure they meet the technical and administrative requirements for participation in this state contract opportunity.