ACTUARIAL CONSULTING SERVICES

The County of Orange is seeking a qualified actuarial consulting firm to prepare a comprehensive actuarial valuation of its Retiree Medical Plan and to produce the related Annual Comprehensive Financial Report (ACFR) note in accordance with GASB standards. The contract will be for three years with a maximum annual spend of $175,000 and may be renewed for up to two additional years. The work includes detailed liability calculations, projection of benefits, preparation of supporting schedules, and optional special services such as pension actuarial analysis and cost‑reduction studies. Responses must be submitted electronically by October 23, 2026, with questions due by October 12, 2026. The County will evaluate proposals based on technical qualifications, experience with public‑sector OPEB valuations, and compliance with local small‑business preferences. • Prepare actuarial valuation report for retiree medical plan (GASB‑compliant) covering liability estimates for June 30 2027 and 2029. • Deliver ACFR note and supporting schedules, respond to auditor queries. • Provide optional special services (pension actuarial analysis, cost‑reduction studies). • Contract term: 3 years (optional 2‑year renewal), not‑to‑exceed $175,000 per year. • Submission deadline: 12:00 am, October 23 2026 (electronic only). • Pre‑bid/clarification deadline: October 12 2026. • Primary contact: Carlos Alvarez, Deputy Procurement Agent.