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City of Salem - Actuarial Services for Valuation of OPEB - RFP No. 267017 (2026)

City of Salem logoCity of Salem
Due
Apr 24, 2026
Deadline passed
Posted
Mar 31, 2026
Contract term
1 year
Primary contact
Shawna Self
(503) 588-6445

The 30-second brief

What they're buying

The City of Salem, Oregon is seeking proposals from qualified actuarial firms to perform GASB 75 compliant valuations of the City's Other Post-Employment Benefit (OPEB) plan implicit liability. The scope includes actuarial review and valuation of the post-health benefit plan for approximately 840 active and 30 retired participants in the self-insured medical program, supporting GASB 75 compliance, note disclosure, and required supplementary information. Proposals are due by April 24, 2026, at 4:00 PM local time via Equity Hub's Bid Locker. Evaluation criteria include proposal summary, profile on proposing firm, qualifications, work plan, fee proposal, and references.

How it's scored

Proposal Summary (10 points), Profile on the Proposing Firm (15 points), Qualifications (15 points), Work Plan or Proposal (20 points), Fee Proposal (30 points), References (10 points)

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Summary

The City of Salem, Oregon is seeking proposals from qualified actuarial firms to perform GASB 75 compliant valuations of the City's Other Post-Employment Benefit (OPEB) plan implicit liability.

The scope includes actuarial review and valuation of the post-health benefit plan for approximately 840 active and 30 retired participants in the self-insured medical program, supporting GASB 75 compliance, note disclosure, and required supplementary information. Proposals are due by April 24, 2026, at 4:00 PM local time via Equity Hub's Bid Locker. Evaluation criteria include proposal summary, profile on proposing firm, qualifications, work plan, fee proposal, and references.

EVALUATION CRITERIA

Proposal Summary10 pts
Profile on the Proposing Firm15 pts
Qualifications15 pts
Work Plan or Proposal20 pts
Fee Proposal30 pts
References10 pts
Submit to
https://bidlocker.us/a/salem_or/BidLocker
Duration
60 months
Scope location
Salem, OR

Questions about this RFP

How do I respond to this RFP from City of Salem?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 24, 2026. Submissions should be delivered to: https://bidlocker.us/a/salem_or/BidLocker. For questions, contact Shawna Self.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including City of Salem in OR, 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 RFP 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 Shawna Self at (503) 588-6445. Questions and answers are typically shared with all prospective bidders.

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What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Proposal Summary (10 points), Profile on the Proposing Firm (15 points), Qualifications (15 points), Work Plan or Proposal (20 points), Fee Proposal (30 points), References (10 points)" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from City of Salem?

All active and historical solicitations from City of Salem are tracked and searchable. As a city agency, City of Salem regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 1 year. Contract terms may include renewal options.

What documents are required to bid on this RFP?

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. Review the full document from City of Salem for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Salem, OR. Review the full solicitation for detailed scope requirements.

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