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Ohio·Ohio

Actuarial Service Mine Reclamation

Closes 10/23/2026$150k – $300kRequest for Quotation
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Description

This solicitation requests professional actuarial services to support the Mine Reclamation Fund, providing analysis, forecasting, and reporting related to the financial sustainability of mine reclamation activities in Ohio. The contractor will develop actuarial models, evaluate fund solvency, and produce detailed technical reports for stakeholders. • Conduct actuarial valuation of the Mine Reclamation Fund, including cash‑flow projections and liability assessments. • Prepare technical reports and presentations that summarize findings, assumptions, and recommendations for fund management. • Provide ongoing advisory support and respond to stakeholder inquiries throughout the contract period.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
9/3/2026
Questions due
10/12/2026
Closes
10/23/2026

Last updated

Details

Type
Request for Quotation
Industry
Consulting Services
NAICS
541618
Solicitation №
SRC0000041682

Budget estimate

$150,000 – $300,000

Based on typical rates for actuarial consulting on public fund projects and the scope described (valuation, reporting, ongoing advisory), a mid‑size firm would likely charge between $150 k and $300 k for the full contract. The lower bound assumes a modest effort (≈ 200 hours at $150/hr) while the upper bound reflects a more extensive analysis and multiple deliverables (≈ 2500 hours at $120/hr). Factors influencing the range include the depth of the actuarial model, the frequency of reporting, and any additional stakeholder workshops required.

AI estimate from the solicitation

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