This contract is for actuarial consulting services to conduct an actuarial valuation of current OPEB that meets the standards of GASB requirements. The scope of work includes providing two reports annually, one GASB75 roll forward year report and one GASB75 annual report. The contract has a term of four years, with the option to renew for three additional one-year periods. The contract value is estimated to be $10,800. The key points of this contract include the provision of actuarial consulting services, the requirement for two annual reports, and the option for renewal.
• The contract is for actuarial consulting services to meet GASB requirements.
• The scope of work includes two annual reports.
• The contract term is four years with the option to renew for three additional one-year periods.
• The contract value is estimated to be $10,800.