CONTRACTONGOING

Newport Provides $443K Actuarial Services To Jupiter Island

Town of Jupiter Island
Disclosed value
$443,444
From agenda
Document date
Feb 19, 2025
Term
1 year

The 30-second brief

What it covers

Newport Group provides actuary and recordkeeping services for the Town's defined benefit Group Retirement Plan. Plan's market value increased approximately 13% and the Town's annual funding requirement is recommended to decrease 15.4%.

Who holds it

Newport Group holds this actuarial services contract with Town of Jupiter Island. Its other public contracts on record include work for Park Ridge Recreation And Park District and Maine Public Employees Retirement System | State of Maine.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Actuarial Services
Amount
$443,444
Document date
February 19, 2025
Term
1 year
Source document
town-of-jupiter-island-town-commission-meeting-agenda-february-19-2025_ef4.pdf (Agenda)

Newport Group's other public contracts

More Town of Jupiter Island contracts

Questions about this contract

Who was awarded the actuarial services contract by Town of Jupiter Island?

Newport Group was awarded this actuarial services contract by Town of Jupiter Island, as recorded on February 19, 2025. The contract value is $443,444.

How much is the Newport Group contract with Town of Jupiter Island worth?

The Newport Group contract with Town of Jupiter Island is valued at $443,444, covering actuarial services work.

What type of contract is this?

This is a Actuarial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-jupiter-island-town-commission-meeting-agenda-february-19-2025_ef4.pdf (Agenda), dated February 19, 2025 from Town of Jupiter Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Newport Group hold?

Newport Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Jupiter Island currently buying?

Explore Town of Jupiter Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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