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  5. ›ACTUARIAL SERVICES

City of Rockford·Illinois

ACTUARIAL SERVICES

Closes 2/3/2026$50k – $200kRequest for Proposal
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Description

The City of Rockford is seeking actuarial services for the City's police pension fund. The selected firm will be required to provide actuarial valuations, reports, and other services as needed. The contract will be for a certain period, and the City may make awards in any manner deemed in the best interest of the City. Key aspects of the job include: • Providing actuarial valuations and reports for the police pension fund • Assisting with the development of the fund's budget and financial plan • Providing consulting services on actuarial matters related to the fund • Meeting with City staff and officials to discuss actuarial matters • Providing other actuarial services as needed The City is looking for a firm with experience in providing actuarial services to public pension funds, and the ability to provide high-quality services in a timely and professional manner.

Attached files

Contact

Kristin Boel(Central Services Manager)

[email protected]

(779) 348-7164

Key dates

Opened
1/8/2026
Questions due
1/21/2026
Closes
2/3/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
541612
Solicitation №
126-FIN-010

Budget estimate

$50,000 – $200,000

The budget for this opportunity is likely to be in the range of $50,000 to $200,000 per year, depending on the scope of services required and the level of expertise of the selected firm. The City's budget for the police pension fund and the complexity of the actuarial services required will be key factors in determining the budget.

AI estimate from the solicitation

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