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Office of the Chief Procurement Officer, State of Alabama·Alabama

FY26 Actuarial Report

Closes 10/6/2025$50k – $200kRequest for Quotation
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Description

The State of Alabama is seeking a supplier to provide actuarial services for the FY26 Actuarial Report. The supplier will be required to submit a quote electronically through Alabama Buys. The State reserves the right to conduct analysis based on cost realism and/or price reasonableness for any or all bids. The contract will be governed by the laws of the State of Alabama, and any disputes will be resolved through non-binding alternative dispute resolution. Key aspects of the job include: • Providing actuarial services for the FY26 Actuarial Report • Submitting a quote electronically through Alabama Buys • Complying with the terms and conditions of the solicitation • Registering with the Alabama Secretary of State's Office if necessary • Verifying enrollment in the E-Verify program if necessary

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
10/1/2025
Closes
10/6/2025

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
541612
Solicitation №
SRC0000031327

Budget estimate

$50,000 – $200,000

The budget for this opportunity is likely to be moderate, given the nature of the services required. Actuarial services can be complex and time-consuming, and the State of Alabama may be willing to pay a premium for high-quality services. However, the fact that this is a quick quote solicitation suggests that the State may be looking for a relatively straightforward and low-cost solution. Based on these factors, a reasonable estimate for the budget might be between $50,000 and $200,000.

AI estimate from the solicitation

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