Actuarial Services RFPs, Pre-RFP Signals and Bid Opportunities
See emerging pre-RFP opportunities from public-sector buyers this week based on contract renewal timing, meetings and job changes, and paired with verified contact info.
- Three Valleys MWD's GASB 75 report shows Total OPEB Liability jumped 47.3% to $2,466,123, driven by a $762,882 cost from enhanced retiree health benefits.
- The benefit changes, effective January 1, 2026, raised the monthly retiree benefit to $1,000 with a 2.5% annual escalator and added dental and vision coverage.
- Funded status dropped from 78.2% to 59.9% as trust assets grew only 12.9% to $1,477,653, leaving an unfunded OPEB liability of $988,470.
- Staff proposed a $500,000 Section 115 trust contribution to restore funded status to about 80.2%, with an action item scheduled for the October 21, 2026, board meeting.
- The Board of Retirement will decide whether to award STAR COLA benefits, with actuarial cost estimates from Milliman showing $763,000 for a one-year ad-hoc addition or $7,941,000 for a permanent one.
- Milliman presented the 2026 OPEB valuation cycle, including the July 1, 2026 valuation to be presented to the Board in February 2027 and a 2026 experience study due in summer 2027.
- LACERA's OPEB program undergoes triennial actuarial audits by an outside firm, currently CavMac, maintaining a recurring audit cycle.
- The Insurance, Benefits and Legislative Committee discussed SACRS 2027 legislative proposals, including amendments affecting…
- Penobscot County's 2024 audit received an adverse opinion on governmental activities solely because GASB 75 requires an actuarial calculation for OPEB liabilities the county has not obtained.
- The county uses Sigma for health insurance, which does not provide OPEB actuarial data, and hiring an actuary for the calculation would cost tens of thousands of dollars.
- The auditor stated the OPEB liability would not require a direct county payment, only possibly higher premiums, and board members voiced no intent to address the reporting gap.
- County finances show a $4.7 million pension liability and $31,000 in deferred OPEB outflows, but no…
- The Employees' Retirement System actuary presented the five-year experience study to the Commission, reviewing mortality, retirement, termination, and discount rate assumptions.
- The actuary confirmed an 88% funded ratio and noted the recent board adoption of a 15-year layered amortization to accelerate paying down the unfunded liability.
- No discount rate change was recommended; the 6.7% assumption has just under a 50% chance of being achieved over 10 years.
- The Commission asked detailed questions on funded status and key findings, then moved to closed session for GEO and FOP collective bargaining negotiations.
- The board reviewed the 2026 experience study from plan actuary Chiron, covering assumption changes for the period July 1, 2015 through 2025.
- Assumption changes and investment experience increased the city's unfunded liability by $1.372 billion since 2009, a key driver of the board's deliberations.
- The actuary recommended keeping the 6.5% discount rate, but a board member moved to increase it to 6.75%, highlighting the intergenerational equity stakes.
- At a 6.5% discount rate, the city's net pension liability is about $3 billion, versus $1.5 billion at 7.5%, underscoring the materiality of the decision.
- The Collin Central Appraisal District Board is set to vote on granting a 2027 retiree COLA, with a resolution prepared to adopt a 50% CPI COLA.
- A TCDRS COLA study estimates the 50% CPI COLA would increase retiree benefits by 7.17% and add $2,337,067 to advance-fund the COLA.
- The Board is also voting to remit a $400,000 lump-sum payment to TCDRS during Q4 2026 to offset future COLA costs and Unfunded Actuarial Liability.
- The District's pension plan is 100.9% funded with an overfunded actuarial liability of $610,500 as of the Dec. 31, 2025 valuation.
- Lower Gwynedd Township issued an RFP for pension actuarial and administrative services and received five proposals, with staff now recommending Thomas J. Anderson & Associates, Inc. for the role.
- The selection process is mandated by Resolution 2023-20, which requires a review and selection of professional consultants every five years, putting this on a formal timetable.
- The recommended scope includes GASB 67-68 reports for two pension plans, OPEB GASB 75 reporting, Act 205 reports, and pension administration services.
- Actuarial fees would stay at roughly $20K, while new pension administration services would cost $13,500 annually in 2027 and 2028.
- The Board of Supervisors is set to consider the appointment at its September 8, 2026 meeting, with no final decision yet made.
How to use pre-RFP signals
1. Shape the requirement
When you see a budget allocation or strategic plan mention, the agency is just beginning to define their need. Engage now to help write the specs before the RFP goes public.
2. Time your outreach
Don't cold call into the void. Use contract expiration signals to reach out to buyers exactly when they are unhappy with their incumbent or preparing to renew.
3. Arm your SDRs
Replace generic "checking in" emails with hyper-specific context. Reach out referencing their exact meeting minutes, named decision-makers, and approved budget line items.
FAQs
What is a pre-RFP signal for actuarial services?
A pre-RFP signal is a public-record indicator that a buyer is moving toward a actuarial services purchase before they've issued an RFP. Starbridge tracks six categories: meeting mentions, budget allocations, contract expirations, grant awards, leadership changes, and strategic plans.
How early does Starbridge detect actuarial services demand?
Six to eighteen months before a formal RFP, on average. The earliest signals are usually board meeting mentions or budget line items.
What sources does Starbridge monitor?
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- Three Valleys MWD's GASB 75 report shows Total OPEB Liability jumped 47.3% to $2,466,123, driven by a $762,882 cost from enhanced retiree health benefits.
- The benefit changes, effective January 1, 2026, raised the monthly retiree benefit to $1,000 with a 2.5% annual escalator and added dental and vision coverage.
- Funded status dropped from 78.2% to 59.9% as trust assets grew only 12.9% to $1,477,653, leaving an unfunded OPEB liability of $988,470.
- Staff proposed a $500,000 Section 115 trust contribution to restore funded status to about 80.2%, with an action item scheduled for the October 21, 2026, board meeting.
- The contribution would be a measured step toward the Reserve Policy's 90% external funding objective, with future contributions considered annually based on updated actuarial information.
- MacLeod Watts prepared the report using a roll-forward of the April 1, 2025, valuation, and the next full valuation is planned as of April 1, 2027.
- The Board of Retirement will decide whether to award STAR COLA benefits, with actuarial cost estimates from Milliman showing $763,000 for a one-year ad-hoc addition or $7,941,000 for a permanent one.
- Milliman presented the 2026 OPEB valuation cycle, including the July 1, 2026 valuation to be presented to the Board in February 2027 and a 2026 experience study due in summer 2027.
- LACERA's OPEB program undergoes triennial actuarial audits by an outside firm, currently CavMac, maintaining a recurring audit cycle.
- The Insurance, Benefits and Legislative Committee discussed SACRS 2027 legislative proposals, including amendments affecting actuarial valuation communication and 'actuarial equivalent' definitions.
- LACERA's Strategic Plan includes approval of the Actuarial Funding Policy and ongoing work on the OPEB Prefunding Policy, signaling continued actuarial focus.
- Penobscot County's 2024 audit received an adverse opinion on governmental activities solely because GASB 75 requires an actuarial calculation for OPEB liabilities the county has not obtained.
- The county uses Sigma for health insurance, which does not provide OPEB actuarial data, and hiring an actuary for the calculation would cost tens of thousands of dollars.
- The auditor stated the OPEB liability would not require a direct county payment, only possibly higher premiums, and board members voiced no intent to address the reporting gap.
- County finances show a $4.7 million pension liability and $31,000 in deferred OPEB outflows, but no budget or timeline was set for procuring actuarial services.
- Commissioners unanimously accepted the audit as presented, with no follow-up scheduled to close the GASB 75 reporting gap.
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Ranked buyers with active actuarial services demand in your scope, open RFPs closing soon, expiring contracts with incumbent names, and verified buyer contacts.
How accurate are Starbridge's buyer contacts?
Validated against a 14,000-email test, Starbridge runs a 2% bounce rate. Comparable tools self-report 15 to 25%.