Renewal Notice - No Cost RFP Actuarial L+H Exam Bake Tilly

The State of Illinois is seeking a vendor to perform actuarial services to supplement the work of the life Actuarial Section in performing actuarial examination work on Illinois domestic life and health insurance companies. The contract is a renewal with a total value of $2,666,666.67 and is expected to last for 4 years, from 10/06/2025 to 10/05/2029. The vendor will be required to perform statutory examinations of Illinois Insurance companies. • The contract has a total renewal amount of $2,666,666.67 • The original solicitation bid number is 20-446DOI-FINAD-B-13191 • The vendor will be required to perform statutory examinations of Illinois Insurance companies • The contract has a value to the state of $666,666.6675 per year • The contract has a Business Enterprise Program (BEP) participation goal of 21%