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City of Royal Oak·Michigan

Actuarial Audit

Closes 4/21/2026$50k – $200kRequest for Proposal
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Description

The City of Royal Oak is seeking proposals for Actuarial Audit services. The selected vendor will provide actuarial services to the city. The scope of work includes providing actuarial valuations, projections, and other related services. The city reserves the right to reject any or all proposals and to waive any informality in the proposal received. The proposal submission deadline is April 21, 2026, at 12:00 pm. • The proposal must be submitted through the procurement portal at https://procurement.opengov.com/portal/romi. • The city will provide necessary, reasonable auxiliary aids and services to individuals with disabilities. • The successful vendor shall not provide services until a fully executed contract has been received by the city. • The firm must indemnify and hold the city harmless throughout the contract. • The firm must also provide liability insurance during the term of the contract.

Attached files

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

Contact

Leah Motyka

[email protected]

(248) 246-3034

Key dates

Opened
4/7/2026
Questions due
4/17/2026
Closes
4/21/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
5241
Solicitation №
RFP-RO-2026-040

Budget estimate

$50,000 – $200,000

The estimated budget for this opportunity is difficult to determine as the document does not provide a clear estimate of the contract value. However, based on the scope of work and the fact that the city is seeking actuarial services, the estimated budget could be in the range of $50,000 to $200,000. This estimate is based on the assumption that the city will require a comprehensive actuarial valuation and projection services, which could involve a significant amount of work and expertise. The actual budget could be higher or lower, depending on the specific requirements of the city and the proposals submitted by the vendors.

AI estimate from the solicitation

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