PROFESSIONAL_SERVICESRECOMMENDED

GASB 74/75 Actuarial Services Proposed With TCS

The board was asked to approve a contract with Total Compensation Systems, Inc. to perform GASB 74/75 actuarial valuation services, including a full valuation as of June 30, 2021 and an anticipated roll-forward as of June 30, 2022. The proposal sets the full valuation fee at $5,100 and the roll-forward fee at $2,550, with a 10% discount for early commitment.

Document date · October 13, 2021

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

Scope & details

The full contract record, as filed.

Contract amount
$5,100 for full valuation; $2,550 for roll-forward valuation (10% discount available; deposit $2,295)
Contract type
PROFESSIONAL_SERVICES
Contract term
Full actuarial valuation as of June 30, 2021 and anticipated roll-forward valuation as of June 30, 2022
Renewal date
2022-06-30
Renewal
Includes an anticipated second-year roll-forward valuation as of June 30, 2022; district must confirm before that work proceeds. Early-commitment discount requires contract and deposit by 2021-10-15.
Document type
Agenda
Source document
Palermo Union Elementary School District Board Meeting Agenda October 13 2021

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Palermo Union Elementary?

Total Compensation Systems Inc (tcs) was awarded this professional services contract by Palermo Union Elementary, as recorded on October 13, 2021. The contract value is $5,100 for full valuation; $2,550 for roll-forward valuation (10% discount available; deposit $2,295).

How much is the Total Compensation Systems Inc (tcs) contract with Palermo Union Elementary worth?

The Total Compensation Systems Inc (tcs) contract with Palermo Union Elementary is valued at $5,100 for full valuation; $2,550 for roll-forward valuation (10% discount available; deposit $2,295), covering professional services work.

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 Palermo Union Elementary School District Board Meeting Agenda October 13 2021 (Agenda), dated October 13, 2021 from Palermo Union Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Total Compensation Systems Inc (tcs) hold?

Total Compensation Systems Inc (tcs) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Total Compensation Systems Inc (tcs)'s profile

What is Palermo Union Elementary currently buying?

Explore Palermo Union Elementary's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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