| Contract No. | Contract Name & Location | School District |
|---|---|---|
| GP-0159-R01 | Actuary Services | N/A |
The New Jersey Schools Development Authority (the "NJSDA") is seeking proposals to engage an Actuarial Valuation Report, as of January 1, 2010, for the GASB 45 retiree post-employment benefit liability for the active, terminated and retired employees for the NJSDA. This report will be due to the NJSDA within 60 days of engagement. During term of the engagement, the NJSDA may request additional computation of the GASB 45 liability.
The contract will be as follows:
Package Number: GP-0159-R01
Package Name: Actuary Services
Contract Duration: Three (3) months
NJSDA Prequalification: None Required
The RFP package is available at the link below:
Click here for electronic copies.
The NJSDA shall not hold a traditional Pre-proposal conference for this procurement. All firms wishing to submit a proposal MUST sign in electronically by sending a mandatory e-mail Notice of Intent to Participate to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Tuesday, June 1, 2010.
Firms may submit questions to the NJSDA by sending them by e-mail to Megan Cox at mcox@njsda.gov no later than 5:00 pm on Tuesday, June 1, 2010. The questions and answers shall be provided electronically to each firm that submitted a timely e-mail Notice of Intent to Participate.
Completed Proposals addressed to Megan Cox, Senior Procurement Analyst, NJ Schools Develpment Authority, P.O. Box 991, 1 West State Street, Trenton, NJ 08625 MUST be received on or prior to 2:00 PM, on Tuesday, June 22, 2010.
Proposing firms MUST submit a true copy of their valid business registration certificate issued by the New Jersey Division of Revenue.
Evaluation Criteria: Submissions that are not responsive will be rejected without evaluation. Responsive submissions will be ranked pursuant to the following evaluation criteria:
- Price Proposal - 40 points
- Firm Experience - 60 points
In addition, to be selected, a firm must be approved for moral integrity as set forth in the RFP.
Bidders must comply with the requirements of P.L. 1975, c. 127, and P.L. 2005, c.51,and implementing rules.
DATE ADVERTISED: May 17, 2010