General
Open (issued)
HS-26-048
Jun 26, 2026 10:00 PM
Jun 15, 2026 07:03 PM
1 year
Request for Proposal (RFP)
Local
Original Solicitation Links
Contact
Tessa N Gray
purchasing@hotspringsar.gov
+15013216822
324 Malvern Avenue, Hot Springs, AR, USA
Submission Instructions
Online
Description

The City of Hot Springs, Arkansas is soliciting Statements of Qualifications (SOQ) for professional actuarial services to perform valuations of Other Post-Employment Benefits (OPEB) in compliance with GASB Statement No. 75. The scope of work includes data collection and review, actuarial valuation to calculate total OPEB liability and related financial metrics, and reporting and disclosures suitable for the agency's Annual Comprehensive Financial Report. The selected actuary will be responsible for preparing an Actuarial Valuation Report, providing sensitivity analyses, recommending contribution levels, and offering ongoing technical support for GASB 75 compliance. Deliverables will include the final report in electronic formats, supporting schedules, and RSI tables. The City will evaluate respondents based on specialized experience, capacity, past performance, and proximity to the area.

Classification Codes
NAICS541219Other Accounting Services
PSCR703Accounting Services (NOTE: New code created for Financial Services See R710 below)
Smart Codes
actuarial servicesgasb 75 complianceopeb valuation
Specifications
Service Only
Requirements
Required
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