GASB 75 Actuarial Service

The City of Hot Springs, Arkansas is seeking qualified firms to provide GASB 75 actuarial services under a Statement of Qualification (SOQ) process. The engagement will involve preparing actuarial valuations, analyses, and reports required for compliance with Governmental Accounting Standards Board Statement No. 75, which governs pension and other post‑employment benefit accounting for governmental entities. Firms must demonstrate relevant experience, technical expertise, and the ability to meet the city’s timeline and reporting requirements. • Scope includes actuarial calculations, data validation, and preparation of GASB 75 compliant financial statements. • Required submission is a Statement of Qualification due 06/26/2026. • The city has issued a Notice of Intent to Award (HS‑26‑048) and will accept protests until 08/26/2026. • No specific contract value disclosed; firms must submit qualifications and proposed approach. • The award will be made after the protest period and appropriate approvals.