PROFESSIONAL_SERVICESONGOING

Wakely Updates Colorado Option Rate Methodology

The Colorado Department of Regulatory Agencies retained Wakely Consulting Group, LLC to develop and update the actuarial methodology for Colorado Option premium rate targets. The firm prepared the February 2026 addendum addressing methodology changes for the 2027 benefit year; the report does not state an amount or contract term.

Document date · February 20, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
PROFESSIONAL_SERVICES
Renewal
The report references prior annual addenda for 2024, 2025, and 2026 and states that a subsequent addendum will be issued after release of the 2027 Federal Actuarial Value Calculator. No renewal or extension terms are stated.
Document type
Report
Source document
State of Colorado Department of Regulatory Agencies Report Colorado Option Rate Target Methodology – 2027 Addendum 2026-02-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Colorado Option Advisory Board | State of Colorado?

Wakely Consulting Group Llc was awarded this professional services contract by Colorado Option Advisory Board | State of Colorado, as recorded on February 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in State of Colorado Department of Regulatory Agencies Report Colorado Option Rate Target Methodology – 2027 Addendum 2026-02-20 (Report), dated February 20, 2026 from Colorado Option Advisory Board | State of Colorado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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