Division of Risk Management Actuarial Services

The City of Tucson is seeking actuarial services for its Division of Risk Management. The selected vendor will provide an annual report, including a review of the City's current Workers' Compensation and Public Liability loss experience, estimate of outstanding claims liability, and recommended funding levels. The contract has a term of 7 years, with the option to renew for an additional 4 years. The City reserves the right to terminate the contract if the vendor fails to perform. The vendor must maintain insurance coverage, including commercial general liability, commercial automobile liability, and workers' compensation. The City will pay the vendor through a purchase order, and the vendor must provide a breakdown of the proposed firm fixed fee by staff classification with associated hours and labor rates. • The contract includes a scope of services that outlines the specific tasks and deliverables required of the vendor. • The vendor must provide an annual report that includes a review of the City's current Workers' Compensation and Public Liability loss experience. • The vendor must estimate the outstanding claims liability and provide recommended funding levels. • The contract has a term of 7 years, with the option to renew for an additional 4 years. • The City reserves the right to terminate the contract if the vendor fails to perform. • The vendor must maintain insurance coverage, including commercial general liability, commercial automobile liability, and workers' compensation.