City of Festus GASB 75 OPEB Actuarial Valuation Services RFQ 2026-OPEB
City of FestusCity · Festus, MO- Due
- Jul 27, 2026
- Deadline passed
- Posted
- Jun 25, 2026
- Primary contact
- Michelle Vaughn
- (636) 524-7003
The 30-second brief
The City of Festus, Missouri is soliciting qualifications from actuarial firms for GASB 75 Other Post-Employment Benefits (OPEB) Actuarial Valuation Services. The selected firm will prepare actuarial valuations and related financial reporting for the City's retiree health, dental, and vision benefits in accordance with GASB Statement No. 75. Required deliverables include a firm history, description of experience with governmental OPEB valuations and municipal clients, and proof of membership in the American Academy of Actuaries. Sealed qualifications are due by July 27, 2026, at 2:00 pm. Questions regarding the solicitation must be submitted by July 15, 2026.
Legal name of firm, Address, And primary contact person, Brief history of the firm, Description of experience with governmental OPEB actuarial valuation services under GASB 75, Description of experience with municipal clients, Proof of membership in the American Academy of Actuaries, W-9 if awarded
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Summary
The City of Festus, Missouri is soliciting qualifications from actuarial firms for GASB 75 Other Post-Employment Benefits (OPEB) Actuarial Valuation Services.
The selected firm will prepare actuarial valuations and related financial reporting for the City's retiree health, dental, and vision benefits in accordance with GASB Statement No. 75. Required deliverables include a firm history, description of experience with governmental OPEB valuations and municipal clients, and proof of membership in the American Academy of Actuaries. Sealed qualifications are due by July 27, 2026, at 2:00 pm. Questions regarding the solicitation must be submitted by July 15, 2026.
REQUIRED DELIVERABLES
Legal name of firm, Address, And primary contact person, Brief history of the firm, Description of experience with governmental OPEB actuarial valuation services under GASB 75, Description of experience with municipal clients, Proof of membership in the American Academy of Actuaries, W-9 if awarded
REQUIRED STAFFING
Members of the American Academy of Actuaries
- Submit to
- Michelle Vaughn, City of Festus, 711 West Main St., Festus, MO 63028
- Scope location
- Festus, MO
Questions about this RFQ
How do I respond to this RFQ from City of Festus?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is July 27, 2026. The solicitation specifies required deliverables that must be addressed in your response. Submissions should be delivered to: Michelle Vaughn, City of Festus, 711 West Main St., Festus, MO 63028. For questions, contact Michelle Vaughn.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including City of Festus in MO, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFQ submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Michelle Vaughn at (636) 524-7003. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Members of the American Academy of Actuaries. Proposers should demonstrate relevant qualifications and experience for each required role.
What are the key deliverables?
The solicitation specifies the following deliverables: Legal name of firm, Address, And primary contact person, Brief history of the firm, Description of experience with governmental OPEB actuarial valuation services under GASB 75, Description of experience with municipal clients, Proof of membership in the American Academy of Actuaries, W-9 if awarded. Proposals should clearly address how each deliverable will be met.
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Where can I find more RFPs from City of Festus?
All active and historical solicitations from City of Festus are tracked and searchable. As a city agency, City of Festus regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What documents are required to bid on this RFQ?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from City of Festus for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Festus, MO. Review the full solicitation for detailed scope requirements.