CONTRACTPENDING

Actuarial Services Agreement Awarded to Cheiron

City of Baltimore logoCity of Baltimore
Disclosed value
$1,100,000.00 maximum over the term, including extensions; fixed annual fee of $108,000 for FY 2027 and $40,000 for each set of two experience studies
From contract
Document date
Oct 21, 2026
Term
July 1, 2026 – June 30, 2029
Renews
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The 30-second brief

What it covers

The Board of Estimates is being asked to approve a $1.1 million actuarial services agreement with Cheiron, Inc. Cheiron will advise Baltimore’s Employees’ Retirement System and Elected Officials’ Retirement System from July 2026 through June 2029, with three optional one-year renewals.

Who holds it

Cheiron Inc holds this professional services contract with City of Baltimore. Its other public contracts on record include work for Merced County Employees Retirement Sys.

What happens next

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Contract details

Contract type
Professional Services
Amount
$1,100,000.00 maximum over the term, including extensions; fixed annual fee of $108,000 for FY 2027 and $40,000 for each set of two experience studies
Document date
October 21, 2026
Term
July 1, 2026 – June 30, 2029
Renews
On record
Source document
Employees Retirement Systems SB-26-12241 f9e28a9a-1b57-4859-8b3c-244d38507fc3-STAMPED (Contract)

Cheiron Inc's other public contracts

More City of Baltimore contracts

Questions about this contract

Who was awarded the professional services contract by City of Baltimore?

Cheiron Inc was awarded this professional services contract by City of Baltimore, as recorded on October 21, 2026. The contract value is $1,100,000.00 maximum over the term, including extensions; fixed annual fee of $108,000 for FY 2027 and $40,000 for each set of two experience studies.

How much is the Cheiron Inc contract with City of Baltimore worth?

The Cheiron Inc contract with City of Baltimore is valued at $1,100,000.00 maximum over the term, including extensions; fixed annual fee of $108,000 for FY 2027 and $40,000 for each set of two experience studies, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Employees Retirement Systems SB-26-12241 f9e28a9a-1b57-4859-8b3c-244d38507fc3-STAMPED (Contract), dated October 21, 2026 from City of Baltimore. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cheiron Inc hold?

Cheiron Inc 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 City of Baltimore currently buying?

Explore City of Baltimore's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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