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Massachusetts Division of Insurance·Massachusetts

ACTUARIAL AND RELATED SERVICES

Closes 4/30/2026$100k – $500kRequest for Proposal
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Description

The Commonwealth of Massachusetts Division of Insurance is seeking to establish a list of Qualified Vendors to provide actuarial, statistical, and other technical insurance-related services. The services will be used by the Division and its sub-departments, the State Rating Bureau and Health Care Access Bureau. The vendor will be required to provide methodology and analysis services. • The vendor must be able to provide actuarial services, including associated fees and expenses. • The vendor must be able to provide statistical services. • The vendor must be able to provide other technical insurance-related services. • The vendor must be able to provide methodology and analysis services. • The vendor must be able to provide services to the Division and its sub-departments.

Attached files

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

Contact

Renee Stewart(Purchaser)

[email protected]

(617) 521-7444

Key dates

Opened
3/4/2026
Closes
4/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524126
Solicitation №
BD-26-1027-1FED-1FED-126077

Budget estimate

$100,000 – $500,000

Based on the information provided, it is difficult to estimate the exact budget for this opportunity. However, considering the scope of work and the fact that it is a request for proposal for actuarial and related services, the budget could be substantial. A possible estimate could be in the range of $100,000 to $500,000 per year, depending on the services provided and the number of vendors selected. Factors that may influence the likely payment range include the complexity of the services required, the qualifications and experience of the vendors, and the budget allocated by the Division of Insurance.

AI estimate from the solicitation

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