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.