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Solitication Nr F10B1400010 Consulting and Actuarial Services for the - dbm maryland

Solitication Nr F10B1400010 Consulting and Actuarial Services for the - dbm maryland 2025

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The document is a Request for Proposals (RFP) issued by the State of Maryland's Department of Budget and Management for Consulting and Actuarial Services related to the State Employee and Retiree Health and Welfare Benefits Program. It outlines the scope of work, including actuarial services such as rate setting, compliance with GASB standards, and consulting services for plan design and procurement. The RFP emphasizes the importance of minority business enterprise participation, provides detailed instructions for proposal submission, evaluation criteria, and includes various attachments related to contractual obligations, affidavits, and compliance requirements. The contract duration is set for three years with options for two additional one-year extensions.

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Click 'Get Form' to open it in the editor.
Begin by reviewing the Key Information Summary Sheet, which outlines essential details such as the RFP issue date and submission deadlines.
Fill out Section 1, General Information, ensuring you provide accurate information regarding your organization and contact details.
Proceed to Section 2, Description of Current Benefits Program. Here, detail your understanding of the current benefits offered and how your services can enhance them.
In Section 3, Scope of Work, clearly outline how you will meet the requirements for both actuarial and consulting services. Be specific about your approach and methodologies.
Complete Section 4, Proposal Format. Ensure that your technical proposal is well-organized and includes all required attachments as specified in the RFP.
Finally, review your financial proposal in Section 5 to ensure all pricing is accurate and aligns with your proposed services.

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