Multiple-Life Estate Calculator Actuarial Services

The Kentucky Department of Revenue is seeking actuarial services to update a multiple-life estate calculator Excel worksheet using current National Center for Health Statistics life-expectancy data.

Kentucky > Finance and Administration Cabinet > Department of Revenue


General
Open (open)
RFP-130-2700000068
Nov 04, 2026 06:00 PM
Oct 02, 2026 12:00 PM
$10,000.00
1 year 7 months base + 2 × 2 years options
Request for Proposal (RFP)
State
Ask AI about this solicitation
Original Solicitation Links
Contact
reba.lewis@ky.gov
+15025641971
200 Mero Street, Frankfort, KY, USA
Submission Instructions
Online
Technical Proposal, Cost Proposal, Proprietary Information
Description

The Kentucky Department of Revenue is soliciting actuarial services to create and update an Excel-based calculator for determining inheritance-tax values for multiple-life estate interests. The calculator must address specified two-, three-, and four-life survivorship and joint-survivorship scenarios and use current National Center for Health Statistics life-expectancy data as prescribed by Kentucky regulation. The technical proposal must describe relevant government actuarial experience, technical knowledge, assigned staff qualifications, education, licenses, certifications, continuing education, and prior performance with Kentucky state agencies. The cost proposal must use the provided Cost Summary Form and identify activities and hourly fees for actuary services and clerical support. The initial contract is anticipated to run from November 15, 2026, through June 30, 2028, with up to two additional two-year renewal periods.

Classification Codes
NAICS524298All Other Insurance Related Activities
PSCR524STUDY/MATHEMATICAL-STATISTICAL
Smart Codes
actuarial servicesexcel calculator developmentlife expectancy analysis
Specifications
Service Only
Timeline
Oct 2, 2026-Issue Date
Oct 14, 2026 06:00 PM-Written Questions Due
Oct 23, 2026-Anticipated Responses to Written Questions
Nov 04, 2026 07:00 PM-Proposal Due Date
Requirements
Required
  • Commercial General Liability Insurance — $1,000,000.00
  • Automobile Liability Insurance — $1,000,000.00
  • Professional Liability Insurance — $1,000,000.00
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