RFP Actuarial Services

The Southeastern Pennsylvania Transportation Authority (SEPTA) issued Request for Proposal No. 26-00036-ACAC on May 19, 2026, seeking qualified consultants to provide comprehensive actuarial services under a five-year contract term. The procurement encompasses full actuarial consulting support, though specific deliverables and detailed scope requirements are outlined in the RFP documents. Key evaluation criteria will include the proposer's ability to satisfy the intent of the RFP and serve SEPTA's best interests, with technical qualifications and pricing being primary factors in the selection process. A non-mandatory pre-proposal meeting will be held via Microsoft Teams on May 27, 2026, at 10:00 AM. Written questions must be submitted to Carolyn Cotton, Senior Contract Administrator, at cCotton@septa.org by 4:30 PM on June 3, 2026, with responses provided via official addenda. Proposals must be submitted in two separate parts—a Technical Proposal and a Price Proposal—with both due by 3:00 PM on June 17, 2026, with price proposals remaining unopened until technical evaluation is completed. SEPTA reserves the right to reject any or all proposals or negotiate separately with any firm.

The procurement complies with Title VI of the Civil Rights Act of 1964 and encourages disadvantaged business enterprises to submit proposals without discrimination based on race, sex, color, or national origin. All proposers must certify compliance with Executive Order 12549 regarding contractor eligibility and must demonstrate compliance with all applicable Equal Employment Opportunity laws and regulations. No incumbent vendors, current contractors, or specific budget ranges are identified in the available RFP documentation. SEPTA will make the award based on the proposal that best serves the authority's interests, subject to its procurement authority and discretionary negotiation rights. For all correspondence and additional information, interested parties should contact Carolyn Cotton at 215-580-7599 or cCotton@septa.org at SEPTA's office located at 1234 Market Street, 11th Floor, Philadelphia, Pennsylvania 19107.