Health Plan Actuarial Services

Binghamton, New YorkNew York, USADue Wednesday, November 4, 2026

Client: Binghamton, New York
RFP Number: HEALTH-11003
Posted: 10/10/2026
Category: Health and Related Services
Budget: Looking for Proposal
NAICS: —
Set-aside: —
Contact: —

Description

AI Generated

Broome County Risk & Insurance requires health plan actuarial services for actuarial valuations of retiree group health benefits programs. The requested scope includes analyzing census data, analyzing plan provisions, developing per capita claims costs, calculating total liability as of the start of the fiscal year, and preparing an actuarial valuation report. Eligible respondents include qualified individuals and onshore USA organizations capable of performing the work offsite. Proposers must submit one original, one copy, one redacted copy, and one electronic copy on USB media in a sealed envelope to the Broome County Division of Purchasing by 2:00 p.m. local time on November 4, 2026. Submit all questions by October 19, 2026. Evaluation relies on the proposer's ability to provide services that meet the county's requirements and achieve a satisfactory level of performance. Contract execution commences upon Broome County Legislature approval, award notification, mutual agreement execution, and receipt of satisfactory insurance proof. Proposers must submit fee calculations and a proposal budget as requested in the solicitation.

Key solicitation details

AI-extracted from RFP-2026-056 - Health Plan Actuarial Services.pdf. Confirm against the original documents before bidding.

Broome County, New York is inviting sealed proposals from qualified firms to provide health plan actuarial services for employees and retiree group health benefits programs. The required scope includes actuarial valuations for Broome County and SUNY Broome. Eligible respondents must submit proposals by the specified deadline.

Issued by: Broome County Risk & Insurance
Questions due: 12:00 p.m. local time Monday October 19, 2026
Proposals due: 2:00 p.m. local time on Wednesday, November 4, 2026
How to submit: Sealed hard copy and USB media
Submission details: Deliver ONE (1) ORIGINAL, ONE (1) COPY, ONE (1) REDACTED COPY, AND ONE (1) ELECTRONIC COPY ON USB MEDIA in a SEALED ENVELOPE to BROOME COUNTY DIVISION OF PURCHASING, 60 HAWLEY STREET, 2nd FLOOR, EDWIN L. CRAWFORD COUNTY OFFICE BUILDING, BINGHAMTON, NEW YORK 13901.
Contract term: 3-year term with one optional 2-year renewal
Place of performance: Offsite
Insurance and bonding: Contractor must maintain insurance as described in attached specifications, submit proof as part of proposal, and provide proof of endorsements within 20 days of award notice.
Funding: GASB 75

How proposals are evaluated

Prior experience and expertise of the personnel to be assigned to the account
References
Past record of performance with clients on such factors as cost control, timeliness, ability to maintain schedules

Scope of work

Actuarial valuations of retiree group health benefits programs
Analysis of census data
Analysis of plan provisions and development of per capita claims costs
Calculation of Total Liability as of the beginning of the fiscal year
Preparation of the actuarial valuation report detailing results
Development of Required Supplemental Information and Notes to the Financial Statements
Calculations reported separately for sixteen distinct funds
Annual premium equivalent rate calculation

Minimum qualifications

Qualified individuals or experienced and qualified firms to provide health plan actuarial services
Onshore (USA Organization Only)

Documents to include with the bid

Proposal Sheet
Variation and Justification Sheet
Non-Collusive Bidding Certificate
Iranian Energy Divestment Certification
Election Law Statement
Gifts Statement
Insurance Acknowledgment
Form W-9

Verify important details

Document check

Confirm submission instructions and amendments with the issuing agency before responding.

1 available fileDocuments checked Oct 10, 2026

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