T25-003-01

The City of Tempe has awarded a contract to Gabriel, Roeder, Smith & Company for actuarial valuation services for the city's retiree health plan. The contract has a term of one year, with the option to renew for up to nine additional one-year terms. The vendor will provide actuarial valuation services to the city, including analysis of the plan's assets and liabilities, and recommendations for plan improvements. The city's goal is to ensure the long-term sustainability of the retiree health plan and to provide high-quality benefits to its retirees. Some key features of the contract include: * The contract has a term of one year, with the option to renew for up to nine additional one-year terms. * The vendor will provide actuarial valuation services to the city, including analysis of the plan's assets and liabilities, and recommendations for plan improvements. * The city's goal is to ensure the long-term sustainability of the retiree health plan and to provide high-quality benefits to its retirees. * The contract includes provisions for payment, invoicing, and termination. * The vendor is required to comply with the city's antidiscrimination policy and to provide a copy of its antidiscrimination policy to the city. * The contract includes a provision for the vendor to certify that it does not use forced labor in its operations.