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Kentucky Transportation Cabinet·Kentucky

Actuarial Analysis of KYTC Worker's Comp Fund

Closes 11/21/2025$100k – $250kRequest for Proposal
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Description

The Kentucky Transportation Cabinet is seeking a contractor to provide actuarial analysis of the Cabinet's self-insured workers' compensation program. The contractor will be required to perform an actuarial analysis of the Kentucky Transportation Workers' Compensation Program fund as of June 30, 2026, and provide a report with findings and recommendations. The contractor must have experience in actuarial analysis and must be a member of the American Academy of Actuaries. • The contractor will be required to analyze historical data and provide a report with findings and recommendations. • The contractor will be required to have experience in actuarial analysis and be a member of the American Academy of Actuaries. • The contractor will be required to provide a report with findings and recommendations by August 30, 2026. • The contractor will be required to have a thorough understanding of the Kentucky Transportation Workers' Compensation Program and its requirements.

Attached files

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

Contact

Latasha Chenault(Buyer)

[email protected]

(502) 782-5673

Key dates

Opened
10/31/2025
Questions due
10/22/2025
Closes
11/21/2025
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
RFP-605-2600000102-2

Budget estimate

$100,000 – $250,000

The budget for this contract is estimated to be around $100,000 to $250,000, based on the scope of work and the requirements for actuarial analysis. This estimate is rough and may vary depending on the specific services provided and the complexity of the analysis. The contract term is for 2 years, with an option to renew for up to 2 additional 2-year periods, which could increase the total budget.

AI estimate from the solicitation

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