Actuarial Consulting Services

The government authority located in Gloucester, RI requires a USA-based organization to provide offsite actuarial consulting services for a two-year contract period. The selected vendor must apply standard actuarial methodology and assumptions to the authority's demographic data. Through this valuation process, the vendor will quantify the unfunded actuarial accrued liability and calculate an Annual Required Contribution. The buyer seeks proposals to determine the budget for these services. The source text specifies no further details regarding eligibility criteria, evaluation methods, or key dates.