Workers’ Compensation Actuarial Consulting Services

The agency is seeking workers’ compensation actuarial consulting services to provide advisory counsel regarding the National Council on Compensation Insurance, Inc.’s 2026 annual filing of advisory prospective loss cost and rating values for the voluntary workers’ compensation insurance market. This requirement extends to all subsequent annual loss cost filings during the five-year contract term. The selected contractor must evaluate the data underlying the annual loss cost filing, including the scope of data in terms of cases and claim dollar amounts, potential data bias, coverage breadth, and any excluded insurance company data. The scope of work requires the contractor to address data relating to direct loss costs and loss adjusting expenses separately in both the filing review and any generated written reports. The agency also requires other actuarial services, ad hoc reports, or oral presentations relative to the workers’ compensation area as deemed necessary. Performance of all contracted work will take place offsite. Eligible bidders must be onshore United States organizations. The agency is looking for proposals to establish the budget for these services. Bidders must submit any questions no later than June 24, 2026, and the agency will hold a pre-bid meeting on June 18, 2026. Bidders can submit their responses digitally via email or online.