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County of Dane·Wisconsin

Actuarial Valuation Services

Closes 6/2/2026$200k – $500kRequest for Proposal
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Description

The County of Dane, Wisconsin, is seeking proposals from qualified providers to assist it in an actuarial valuation of post employment benefits, other than pension, in compliance with Governmental Accounting Standards Board (GASB) Statement 75. The successful proposer will provide actuarial valuation services, including calculation of the actuarial accrued liability and the annual required contribution. The contract term is expected to be approximately 4 years, from the contract execution date to April 30, 2030. Key responsibilities include: • Providing actuarial valuation services for the County's post employment benefits • Calculating the actuarial accrued liability and the annual required contribution • Preparing reports for the County and Public Health of Madison and Dane County • Providing advice on the most appropriate actuarial cost method to be employed • Meeting with County staff to discuss the valuation results and any assumptions used

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Chuck Hicklin(Purchasing Officer)

[email protected]

(608) 469-8936

Key dates

Opened
4/21/2026
Questions due
5/19/2026
Closes
6/2/2026
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541611
Solicitation №
2026-RFP-038-PR

Budget estimate

$200,000 – $500,000

Based on the scope of work, the contract term, and the fact that the County is seeking actuarial valuation services, the budget for this contract is estimated to be in the range of $200,000 to $500,000. This estimate is based on the assumption that the successful proposer will provide services for approximately 4 years, with an average annual cost of $50,000 to $125,000.

AI estimate from the solicitation

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