Renewal Notice - No Cost Actuarial Examination Services P & C - Davies AAC

The State of Illinois is renewing a contract for No Cost Actuarial Examination Services P & C. The contract is valued at $7,000,000.00 and will last for 48 months. The services will be provided by Davies Actuarial, Audit & Consulting Inc. and other vendors. The vendors will perform statutory examinations of Illinois Insurance companies. The contract includes a BEP/VBP participation goal of 29% and 0% respectively. • The contract is a renewal in accordance with the terms of the existing contract. • The contract value is $7,000,000.00. • The contract duration is 48 months. • The services will be provided by multiple vendors, including Davies Actuarial, Audit & Consulting Inc. • The contract includes a BEP/VBP participation goal.