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Missouri Department of Transportation (MoDOT)·Missouri

Actuarial & Consulting Services (Medical & SIP)

Closes 5/22/2026$500k – $2MRequest for Proposal
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Description

The Missouri Department of Transportation (MoDOT) is seeking a consultant to provide actuarial and consulting services for the State Insurance Plan (SIP) and the MoDOT and Missouri State Highway Patrol (MSHP) Medical and Life Insurance Plan. The selected consultant will be responsible for providing annual actuarial valuations, GASB 75 post-employment actuarial reviews, medical plan administration RFP services, and other consulting services as requested. The contract period is expected to be from August 1, 2026, to July 30, 2029, with two possible one-year renewals. Key services include: * Annual actuarial valuation for the SIP * Annual and semi-annual actuarial valuations for the Plan * GASB 75 post-employment actuarial review for the Plan * Medical Plan Administration RFP services * Medicare Advantage Plan Administration RFP services * Other consultant services as requested

Attached files

Contact

Melissa Harbian(Buyer)

[email protected]

Key dates

Opened
4/23/2026
Questions due
4/30/2026
Closes
5/22/2026
Duration
36 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
541612
Solicitation №
MODOT 0000000278SL

Budget estimate

$500,000 – $2,000,000

The budget for this opportunity is difficult to estimate, but considering the scope of work and the fact that it's a consulting services contract, the total contract value could be in the range of $500,000 to $2 million over the 3-year contract period. This estimate is based on the assumption that the consultant will provide a range of services, including actuarial valuations, consulting, and administration, and that the contract will be renewed for two additional years. Factors that could influence the budget include the level of expertise required, the complexity of the services, and the number of personnel involved.

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