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  5. ›RFP S25SIP004 Self-Insurance Regulatory Consulting Services

Awarded contract·California Department of Industrial Relations·California

RFP S25SIP004 Self-Insurance Regulatory Consulting Services

Won by Prime Actuarial Consulting, LLC$800kAwarded 5/20/2026Single Award
Contract source

Awarded vendors

  • Prime Actuarial Consulting, LLC

Description

The California Department of Industrial Relations (DIR) issued RFP S25SIP004 to obtain actuarial, financial, auditing and regulatory consulting services for the State’s self‑insurance workers‑compensation programs. The award will be a three‑year contract with a total ceiling of $800,000, paid on a monthly basis against hourly rates for various professional classifications. The contractor will provide actuarial reviews, peer‑review opinions, compliance audits, and related reporting, and must submit detailed work plans, monthly progress reports, and final examination reports. The solicitation was open to full and open competition, with a proposal deadline of 22 April 2026 and an intent‑to‑award posted on 12 May 2026. The award was made to Prime Actuarial Consulting, LLC (Bickmore Actuarial). • Scope includes actuarial reserve analysis, peer‑review, regulatory compliance audits, and forensic audits for self‑insured entities. • Deliverables: monthly written reports, draft/final reports, final examination report, and all supporting work‑papers. • Pricing is based on hourly rates for defined professional classifications; total contract value capped at $800 k over three years.

Attached files

Key dates

Questions due
4/3/2026
Bids closed
5/20/2026
Intent to award
5/20/2026
Awarded
5/20/2026
Contract modified
4/13/2026
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Solicitation
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
S25SIP004

Contract value

$800,000

The solicitation explicitly states a maximum contract ceiling of $800,000 for the three‑year period. Because the RFP caps the total amount and all cost proposals must stay within that ceiling, the most reliable estimate of the contract’s value is $800,000. There is no indication of additional options, extensions, or separate task orders that would increase the value. Therefore the contract’s worth is estimated at eight hundred thousand U.S. dollars.

AI estimate from the award documents

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