Specifications include, but are not limited to: The District is seeking statements of qualifications from experienced and qualified consulting Firms to provide actuarial services for the valuation of OPEB offered by the District, and its component unit, Educational Service Unit Number 19 (ESU), including but not limited to the calculation of District’s actuarial computations for the proper valuation and reporting in accordance with GASB 75 (the “Consulting Services”) for inclusion in the District’s Financial Statements as of August 31, 2023 (the “Initial Term”). The District will also reserve the right to extend the term of the Contract for up to four successive one (1) year terms (each an “Extension Term”) to provide the Consulting Services for the District’s annual reports for the fiscal years ending on August 31, for the years 2024, 2025, 2026, and 2027 (the Initial Term and any of the Extension Terms that were exercised by the District, are hereinafter collectively described as the “Term”). The decision to extend the Term of the Contract shall be made in the District’s sole discretion. The District intends to award a contract for the Consulting Services to the Firm deemed by the District, in its sole discretion, to be the best qualified to perform the Consulting Services. Interested Firms must submit a sealed Statement of Qualifications to the District which shall identify the Firm’s experience and qualifications in performing the scope of Consulting Services required by Section 4.0 of these RFQ Documents. Section 4.0 of these RFQ Documents contains an itemized description of the requested Consulting Services. The District will enter into negotiations with the successful Firm for a Contract to provide the Consulting Services for the District. To be considered, Firms must timely submit a Statement of Qualifications to the District in the form and manner required by this RFQ and containing all of the information requested.
