Actuarial Consulting Services For The Tennessee Advisory Council On Workers' Compensation

The Tennessee Department of Treasury issued RFP 30901‑64926 to obtain actuarial consulting services for the Advisory Council on Workers’ Compensation. The contractor will evaluate each annual NCCI loss‑cost filing, assess data selection, methodology, trend‑factor choices, and loss‑adjustment expense, and produce written reports and oral presentations for the Council. Deliverables include a written report (minimum 24 copies) submitted at least ten days before the Council’s meeting, an oral presentation with handouts, and any ad‑hoc actuarial analyses requested (up to 25 hours per year). The contract runs for five years (2026‑2031) with fixed‑price annual payments; additional services are billed hourly at an agreed‑upon rate. The solicitation is open competition, with a response deadline of 9 July 2026 and an intent‑to‑award notice scheduled for 28 July 2026. • Review & critique NCCI workers‑comp loss‑cost filings each year. • Deliver written reports (24 copies) and oral presentations to the Council. • Provide up‑to‑25 hours per year of optional ad‑hoc actuarial work at an hourly rate. • Fixed‑price annual payments; no travel reimbursement; standard insurance and compliance requirements.