Actuarial Services Agreement with HUB International Great Plains
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Description
Marshall County plans to approve an Actuarial Services Agreement with HUB International Great Plains to provide GASB 75 compliance and related actuarial consulting through December 31, 2028. The agreement includes capped fees for 2026 valuation work and meeting support, with established hourly rates for actuarial personnel.
Contract Details
Contract Amount
Maximum $4,810 for 2026 valuation services; maximum $1,200 for 2026 meeting services; hourly rates thereafter subject to up to 5% annual increase
Vendor
HUB INTERNATIONAL GREAT PLAINS
Agency
Marshall County, IA
Contract Type
PROFESSIONAL_SERVICES
Document Date
December 3, 2025
Contract Term
Effective in 2025 and continuing through December 31, 2028
Renewal Date
2028-12-31
Renewal Info
Initial term through December 31, 2028; agreement may be renewed for additional annual periods by mutual written agreement of both parties. Hourly rates after 2026 may increase annually but not more than 5% per year.
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