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Massachusetts Center for Health Information & Analysis·Massachusetts

Actuarial Consultant Services Departmental Master Agreement RFR - 2023-005

Closes 6/29/2033$1.5M – $3MRequest for Proposal
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Description

The Commonwealth of Massachusetts, through the Center for Health Information and Analysis (CHIA), is issuing a Request for Response (RFR) to establish a Departmental Master Agreement for actuarial consulting services (RFR #2023‑005). The agreement will be a non‑statewide, blanket procurement that allows multiple qualified actuarial firms to be pre‑qualified and then awarded individual task orders on an as‑needed basis for up to ten years (initial five‑year term with one five‑year renewal). Services include health‑care actuarial analysis, cost‑and‑efficacy studies, data collection, quality‑review, and advisory work supporting CHIA’s health‑information analytics and reporting. The solicitation is open‑ended, with a bid opening and question deadline of 30 June 2033, and no maximum dollar ceiling disclosed. Vendors must submit a comprehensive technical and pricing response, including a job‑classification/ceiling‑rate table, references, certifications, and required forms (W‑9, EFT authorization, prompt‑pay discount, etc.). The procurement is subject to WTO‑AGP rules and includes extensive compliance requirements (data use agreements, confidentiality, indemnification, and supplier‑diversity commitments).

Attached files

Contact

[email protected]

Key dates

Opened
8/17/2022
Questions due
6/30/2033
Closes
6/29/2033
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
BD-23-1052-2000-2000-78450

Budget estimate

$1,500,000 – $3,000,000

The solicitation does not disclose a total contract ceiling, but actuarial consulting rates in Massachusetts typically range from $150 to $300 per hour. Assuming a moderate workload of 1,500 billable hours per year (≈ $225 average hourly rate) yields roughly $337,500 annually. Over the potential 10‑year term, the total spend could range from $1.5 million (lower‑volume usage) to $3 million (higher‑volume, complex projects). This estimate reflects typical rates, anticipated project intensity, and the absence of a fixed ceiling.

AI estimate from the solicitation

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