CONTRACTAPPROVED

City of Davison Awards Professional Services Contract to Definiti LLC (January 2025)

City of Davison
Approved
Jan 13, 2025

The 30-second brief

What it covers

The City of Davison entered into a service agreement with Definiti LLC effective December 23, 2024 to provide governmental pension actuarial and consulting services for its postretirement health and non-union pension plans. The ongoing contract features biennial OPEB and annual pension valuations with hourly and base fixed fee billing subject to 2.5% annual increases.

Who holds it

Definiti LLC holds this professional services contract with City of Davison. Its other public contracts on record include work for City of Sun Prairie and Oklahoma Firefighters Pension and Retirement System | State of Oklahoma.

What happens next

Term as filed: Biennial valuation for Health and Welfare Plan; Annual valuation for Non-Union Pension Plan; agreement ongoing from December 23, 2024 until terminated.

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Contract details

Contract type
Professional Services
Document date
January 13, 2025
Term
Biennial valuation for Health and Welfare Plan; Annual valuation for Non-Union Pension Plan; agreement ongoing from December 23, 2024 until terminated
Source document
city_council_meeting_agenda_january_13_2025.pdf (Agenda)

Definiti LLC's other public contracts

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Questions about this contract

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

Definiti LLC was awarded this professional services contract by City of Davison, as recorded on January 13, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_council_meeting_agenda_january_13_2025.pdf (Agenda), dated January 13, 2025 from City of Davison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Definiti LLC hold?

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

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What is City of Davison currently buying?

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