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Workers Compensation and General Liability Programs Actuarial Services

CaliforniaCalifornia, USADue Friday, October 16, 2026
Client
California
RFP Number
MB-10529
Posted
10/7/2026
Category
Medical Billing and Coding
Budget
Looking for Proposal
NAICS
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Set-aside
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Contact
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Description

AI Generated

The buyer requires a vendor to provide workers' compensation and general liability programs actuarial services. The selected firm must analyze loss distributions, assess claim frequency, severity, and loss rates by city department and cause, and recommend funding levels for the next two fiscal years based on expected loss payments. To be eligible, applicants must be based onshore in the United States, and all work must be performed onsite. Vendors can submit proposals digitally through email or online. The buyer has established a five-year contract term and requests budget proposals. Vendors must submit all questions by October 09, 2026.

Key solicitation details

AI-extracted from RFP for Actuarial Services for WC and GL Programs.pdf. Confirm against the original documents before bidding.

The City of Oakland is seeking a qualified actuarial consulting firm to evaluate and provide funding recommendations for its self-insured Workers' Compensation and General Liability programs. The selected firm will perform actuarial analyses, estimate liabilities, and project future losses over a five-year contract term. Qualified actuarial consulting firms are eligible to submit proposals.

Issued by
City of Oakland
Questions due
Friday, October 9, 2026, by 5:00 p.m., PT
Proposals due
FRIDAY, OCTOBER 16, 2026 - 5:00 p.m., Pacific Time (PT)
Evaluation of Rankings
November 2026
Contract Award
Winter 2026/27
How to submit
Electronic via iSupplier portal
Submission details
Submit proposals electronically to iSupplier before the deadline. Email submittals will not be accepted.
Contract term
five (5) year contract term
Place of performance
Oakland, California
Insurance and bonding
Commercial General Liability of at least $2,000,000 per occurrence, Automobile Liability of at least $1,000,000 per accident, Workers Compensation with statutory limits, Professional Liability/Errors and Omissions, and additional insured endorsement form CG 20 10.

How proposals are evaluated

Relevant Experience25 points
Qualifications20 points
Organization20 points
Approach20 points
Cost/Fee Proposal10 points
Other Factors5 Points

Scope of work

  • Estimate outstanding losses including ALAE and ULAE as of June 30 of each contract year
  • Estimate outstanding unallocated loss adjustment expenses as of June 30th of each contract year
  • Project future losses and rates per $100 of payroll for upcoming fiscal year and four subsequent years
  • Project losses paid during upcoming fiscal year and four subsequent years
  • Provide a statement affirming conclusions align with GASB Statement Nos. 10 and 30
  • Perform an analysis of loss distributions across various loss layers and retention levels
  • Analyze frequency, severity, and loss rate by City department and cause of loss
  • Provide funding recommendations by City department for the next two fiscal years

Minimum qualifications

  • Prime contractor shall be a qualified consulting firm
  • Project Manager shall be a full-time employee of the prime contractor
  • Project Manager shall be a professional currently licensed in the State of California
  • Experience on at least three (3) projects providing services similar to those described in the RFP
  • Obtain or provide proof of having a current City of Oakland Business Tax Certificate

Documents to include with the bid

  • Detailed resumes for proposed principal-in-charge, project manager, and sub-consultant project managers
  • Copy of current business license and date established in Oakland for LBEs/SLBEs
  • Schedule C-1
  • Schedule D
  • Schedule E
  • Schedule E-2
  • Schedule O
  • Schedule Z

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