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City of Boston·Massachusetts

Actuarial Services

Closes 4/13/2026$600k – $1.5MRequest for Proposal
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Description

The City of Boston is seeking actuarial and consulting services for the calculation of actuarial liabilities, assets, and associated normal costs for post-employment benefits other than pensions (OPEB) as defined by the Governmental Accounting Standards Board. The contract will be for a period of three years, covering FY26, 27, and 28. The selected vendor will be required to provide actuarial valuations for OPEB. • The vendor will be responsible for providing actuarial and consulting services. • The vendor will be required to calculate actuarial liabilities, assets, and associated normal costs for OPEB. • The contract will be for a period of three years. • The vendor will be required to provide actuarial valuations for OPEB. • The City of Boston is seeking a vendor with experience in providing actuarial and consulting services for OPEB.

Attached files

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

Contact

Sinthia Johnson

[email protected]

(617) 635-4813

Key dates

Opened
3/30/2026
Closes
4/13/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541612
Solicitation №
EV00017143

Budget estimate

$600,000 – $1,500,000

The budget for this opportunity is likely to be in the range of $200,000 to $500,000 per year, considering the scope of work and the fact that it's a three-year contract. The actual budget may vary depending on the vendor's experience, qualifications, and the level of services required. Factors that may influence the likely payment range include the complexity of the actuarial valuations, the number of employees covered, and the level of consulting services required.

AI estimate from the solicitation

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