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OPEB ACTUARIAL SERVICES

  • RFP Number:41117-FIN01
  • Start Date:04/11/2017 1:00 PM
  • Close Date:05/03/2017 3:00 PM

CITY OF COACHELLA

Request for Proposals

 

 

NOTICE IS HEREBY GIVEN that the City of Coachella will receive proposals for the following item:

OPEB ACTUARIAL SERVICES

 The City of Coachella is seeking a company to perform an updated actuarial valuation of     i t s retiree health program. The purpose of the actuarial valuation is to measure the City's liability for retiree health benefits and to determine the City's accounting requirements for other post-employment benefits (OPEB) under Governmental Accounting Standards Board Statements No.45, No. 74 and No. 75 (GASB 45, GASB 74, GASB 75).

 Information on the City of Coachella's plan can be found in Note 9 of the City's Comprehensive Annual Financial Report (CAFR) beginning on Page 70. The CAFR can be located online at the following address: http://www.coachella.org/home/showdocument?id=5793

 Proposals must be received by Jacob Alvarez, Interim Controller, City of Coachella, 1515 Sixth Street, Coachella, California 92236 no later than 3pm on Wednesday,  May  3rd, 2017. It is the responsibility of the bidder to see that any proposal sent electronically or through the mail has sufficient time to be in the hands of the Interim Controller prior to closing date and time. It is strongly recommended that proposals sent via electronic mail be confirmed in writing as received. A postmark on the closing date does not satisfy this requirement. All electronic bids should have the subject line "BID FOR ACTUARIAL SERVICES FOR THE CITY OF COACHELLA". Those delivered by hand or through the mail should be placed in an envelope with the same subject line on the outside of the envelope.

 Further information may be obtained by contacting Jacob Alvarez, Interim Controller, in writing or e-mail only,  at Jalvarez@Coachella.org  no later than Thursday, April 20, 2017

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