Actuarial Service Contract for KRGF

Project Information

Bid Title
Actuarial Service Contract for KRGF
Issuing Agency
State Government of Kentucky
Location
Kentucky
Published Date
Apr 23, 2026
Closing Date
Apr 30, 2026
Government Level
State & Local
Status
Closed
Ref. #
RFP-128-2600000213-2
Original Source
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Project Description

Description: Actuarial Service Contract for KRGF

Department: Department for Natural Resources

Buyer: Natalie Roark

Solicitation Number: RFP-128-2600000213-2

Type: Request for Proposals (RFP)

Category: Pro Services

Closing Date and Time: 04/30/2026 11:00 AM EDT


Buyer Information
Buyer Name
Natalie Roark
Buyer Email
natalie.roark@ky.gov
Buyer Phone
502-782-0538
Important Dates
Issue Date
04/01/2026
Closing Date
04/30/2026 11:00 AM EDT
Bid Opening Date
-
Last Amended
04/23/2026
Department Information
Category
Pro Services
Type
Request for Proposals
Document Department
128
Status
Amended
Description
Actuarial Service Contract for KRGF
Group 1
Default
Number of Lines: 1
Line Number Commodity Description Details Requested
1
The Kentucky Office of the Reclamation Guaranty Fund Commission, of the Energy and Environment Cabinet (EEC), is requesting actuarial services to determine the actuarial soundness, as defined in KRS 350.500(1), of the Kentucky Reclamation Guaranty Fund (KRGF). This request is in accordance with the mandate of KRS 350.509(4). This study will assist the Commission in determining the solvency and sustainability of the KRGF. The actuary will be tasked with making professional determinations and provide written recommendations to the KRGF Commission concerning the risk, viability, impact and maintenance of the KRGF. Specifically, the actuary will perform the following functions: perform statistical calculation of risk; evaluate the Fund structure, funding schemes and financial soundness of the Fund; evaluate and analyze data provided by the Kentucky, Department for Natural Resources (DNR), Kentucky Reclamation Guaranty Fund (KRGF), Office of the Reclamation Guaranty Fund (ORGF) and/or data acquired by the actuary in order to summarize Fund activity and make recommendations on the best operation of the KRGF. The actuary also will provide analysis on mechanisms in place to provide adequate financial oversight to the Fund.
Specifications
Commodity Code
94612
Service From
07/01/2026
Service To
06/30/2028
View Purchase History
Additional Information
Commodity Codes
  • NAICS 541612Human Resources Consulting Services
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