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Central NY Regional Transportation Authority·New York

Actuarial Services 2027-2032

Closes 10/14/2026$500k – $2MRequest for ProposalLogin required
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Description

The Central New York Regional Transportation Authority (“CNYRTA” or “Authority”) is requesting proposals from professional organizations to provide actuarial services. The CNYRTA has established a 30% M/WBE goal on this contract – 15% MBE and 15% WBE. Individuals or firms who desire to submit a Proposal may download the “Request for Proposal Package” from centro.bonfirehub.com. Proposals must be received via centro.bonfirehub.com no later than 1:00 PM EST on October 14, 2026. Late submittals will not be accepted or considered for award. Firms wishing to submit proposals do so entirely at their own risk. There is not an express or implied obligation on the part of the CNYRTA to reimburse responding firms for any expenses incurred in preparing and submitting proposals in response to this request. The CNYRTA reserves the right to reject any and all proposals for any reason. Proposals received within the confines of the due date will remain in effect sixty (60) days from the due date. All proposers will be required to certify that they are not on the Comptroller General’s List of Ineligible Contractors. Each proposer will be required to comply with all Equal Employment Opportunity Rules and Regulations. The CNYRTA hereby notifies all proposers that it will affirmatively insure that in regard to any contract entered into pursuant to this advertisement, disadvantaged business enterprises (DBE), minority/women owned business enterprise (M/WBE), and service disabled veteran owned business (SDVOB) will be afforded full opportunity to submit proposals to this invitation and will not be discriminated against on the grounds of sex, race, color, or national origin in consideration for an award. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Boomershine Consulting Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 15.00% WBE Goal: 15.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%

Attached files

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

Contact

Caitlin MacCollum(Senior Director of Procurement)

[email protected]

(315) 442-3381

Key dates

Opened
9/22/2026
Closes
10/14/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
2026-18

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a budget. Typical actuarial consulting contracts for a regional transportation authority over a five‑year horizon range from half a million to a few million dollars, depending on scope, staffing levels, and data complexity. Assuming a mid‑size firm with a team of 2–3 actuaries plus support staff, an annual fee of $200k–$400k is reasonable, yielding a total contract value between $1 M and $2 M. Factors influencing the final amount include the depth of analysis required, any data‑collection components, and the level of M/WBE participation.

AI estimate from the solicitation

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