Actuarial Services for a Three-Year Contract with Two- One Year Renewals

The City of Providence, Rhode Island is requesting proposals for Actuarial Services through a three-year contract with two possible one-year renewals. The proposal submission deadline is March 23, 2026, at 2:15 P.M. The City is seeking a qualified actuarial services provider to support its operations. The contract will be awarded to the lowest qualified and responsible bidder. The bid package must include several forms, such as the Bidder's Blank, Certification of Bidder, Certificate Regarding Public Records, and Affidavit of City Vendor. Bidders must submit two copies of their proposal in sealed envelopes, labeled with the item description and city department. The bid must include pricing information, details about the services provided, and any other required documents. The City reserves the right to reject any and all bids, and the award will be made within 90 days of the bid opening. The successful bidder will be required to provide a performance and payment bond and comply with various laws and regulations, including those related to worker's compensation and insurance. Key dates and contacts include: - Proposal submission deadline: March 23, 2026, at 2:15 P.M. - Questions about the process: Purchasing Department ([email protected]) - Questions about the Minority and Women's Business Enterprise Program: MBE/WBE Outreach Director, Grace Diaz ([email protected]) - Questions about the specifications: Internal Auditor, Gina Costa ([email protected]) The bid package and additional information can be found on the City of Providence's website or by contacting the Purchasing Department.