GASB 75 OPEB Liability Actuarial Valuation for Fiscal Year 2026

The City of Clermont is seeking quotes from qualified actuarial firms to prepare an updated GASB 75 OPEB Liability Actuarial Valuation Report for the fiscal year ending September 30, 2026. The selected respondent will provide all professional actuarial services necessary to complete the GASB 75 valuation, including review of information provided by the City, preparation of an actuarial valuation report, and coordination with City staff and external auditors. The respondent must have at least five years of experience providing actuarial consulting services and must demonstrate experience coordinating with governmental finance staff and independent auditors regarding GASB 75 calculations, assumptions, schedules, disclosures, and audit inquiries. Some key points to consider include: • The report must include all required actuarial calculations, assumptions, schedules, and disclosure information necessary for the City’s annual financial reporting and audit process. • The respondent must provide estimated GASB 75 results for the fiscal year ending September 30, 2027. • The selected respondent will deliver the final report no later than October 16, 2026. • The City may renew the award for two additional one-year periods, subject to satisfactory performance and availability of funds.