911 Reserve Fund Actuarial Study

The Maryland Emergency Management Agency is seeking a qualified contractor to conduct an actuarial study of the 9‑1‑1 Reserve Fund. The purpose is to validate the current reserve level, assess adequacy, and provide recommendations for best‑practice reserve setting over time. The contractor must follow generally accepted auditing standards, perform necessary testing of accounting records, and document all methodologies used. This is a double‑envelope RFP (technical and price) with a submission deadline of September 8, 2026. • Scope: Perform actuarial analysis of reserve fund balances, cash flow projections, and funding adequacy. • Deliverables: Technical report with findings, validation of reserve levels, and actionable recommendations. • Requirements: Use GAAS, provide detailed documentation of standards and assumptions. • Mandatory pre‑proposal conference held on September 3, 2026 (attendance list provided). • Small‑business set‑aside applies. • Submission: Double‑envelope (technical proposal first, price second) by September 8, 2026.