Project Information

Bid Title

RFP: ACTUARY SERVICES

Issuing Agency

City of Minot

Location

North Dakota

Published Date

May 11, 2026

Closing Date

May 29, 2026

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

Bid Title:	RFP: ACTUARY SERVICES
Category:	City Clerk
Status:	Open

Description: CITY OF MINOT REQUEST FOR PROPOSALS: ACTUARY SERVICES The City of Minot (City) is requesting proposals from qualified vendors for pension actuarial and other post-employment benefits (OPEB) reporting services for the City’s pension and OPEB plans for the fiscal years ending December 31, 2026, and 2027, with three one-year renewal options upon mutual agreement. The vendor will need to provide all information necessary for the City to maintain compliance with Governmental Accounting Standards Board (GASB) Statement Numbers 67, 68, 74 & 75.  An experience study is required every five years to analyze the demographic and economic experience of the pension plan. Additionally, one will need to be completed for the City upon the contract inception. There is no expressed or implied obligation for the City to reimburse responding vendors for any expenses incurred in preparing proposals in response to this request. The City of Minot shall not be liable for any expenses incurred by the applicant including but not limited to expenses associated with the preparation of the proposal, attendance at the interviews, preparation of a compensation (fees) schedule, or final contract negotiations. To be considered, the City of Minot requires five (5) bound copies of the proposal, along with an emailed proposal to: City of Minot Attn: Melody Shelkey, City Treasurer 10 3rd Ave SE Minot, ND 58701 701-857-4771 (direct) For security reasons, you must enable JavaScript to view this E-mail address. The proposal must be received no later than 4:00 PM on Friday May 29, 2026.  All bound copies and the emailed proposal must be received prior to deadline to be included as a prospective vendor. The City reserves the right without prejudice to reject any or all proposals submitted. During the evaluation process, the City reserves the right, where it may serve the City’s best interest, to request additional information or clarifications from proposers, or to allow corrections of errors or omissions. Vendors may be requested to make oral presentations to the Selection Committee as part of the final evaluation process. The City reserves the right to retain all proposals submitted and to use any ideas in a proposal regardless of whether that proposal is selected. Submission of a proposal indicates acceptance by the vendor of the conditions contained in this request for proposals, unless clearly and specifically noted in the proposal submitted and confirmed in the contract between the City and the vendor selected.  It is anticipated the selection of a vendor will be completed by June 12, 2026. Following the notification of the selected vendor, it is expected a contract will be executed between both parties following the approval of City Council at the July 6, 2026, meeting. Publication Date/Time: 5/11/2026 12:00 AM Publication Information: Minot Daily News May 11th and 18th Closing Date/Time: 5/29/2026 4:00 PM Submittal Information: Submit to City Treasurer, Melody Shelkey Related Documents: 2026 RFP for Actuary Services FINAL

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