Department of Labor and Industry - Actuarial Services for SWIF - IFB 6100066762 (2026)
- Due
- Oct 23, 2026
- Deadline passed
- Posted
- Oct 5, 2026
- Contract term
- 1 year
- Primary contact
- Christine Newton
- (717) 346-7667
The 30-second brief
The Commonwealth of Pennsylvania, Department of Labor and Industry, on behalf of the State Workers' Insurance Fund (SWIF), issues this Invitation for Bids (IFB) to procure professional actuarial services. Services include independent actuarial analysis and evaluation of workers' compensation insurance liabilities, loss and loss adjustment expense reserves, policyholder surplus, premium deficiency reserves, loss projections, actuarial opinions, Actuarial Opinion Summaries (AOS), retrospective analyses, and catastrophic claim analyses. Bidders must be qualified actuaries with lead actuaries holding membership in the American Academy of Actuaries (AAA), Society of Actuaries (SOA), or Casualty Actuarial Society (CAS). The contract term is 1 year with four (4) one-year renewal options, with pricing submitted via the Commonwealth's SRM system. The submission deadline is October 23, 2026, at 4:00 PM.
Price
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Summary
The Commonwealth of Pennsylvania, Department of Labor and Industry, on behalf of the State Workers' Insurance Fund (SWIF), issues this Invitation for Bids (IFB) to procure professional actuarial services.
Services include independent actuarial analysis and evaluation of workers' compensation insurance liabilities, loss and loss adjustment expense reserves, policyholder surplus, premium deficiency reserves, loss projections, actuarial opinions, Actuarial Opinion Summaries (AOS), retrospective analyses, and catastrophic claim analyses. Bidders must be qualified actuaries with lead actuaries holding membership in the American Academy of Actuaries (AAA), Society of Actuaries (SOA), or Casualty Actuarial Society (CAS). The contract term is 1 year with four (4) one-year renewal options, with pricing submitted via the Commonwealth's SRM system. The submission deadline is October 23, 2026, at 4:00 PM.
EVALUATION CRITERIA
Price
REQUIRED ATTACHMENTS
3- Appendix C - Subcontractor Information Form
- Worker Protection and Investment Certification Form
- Iran Free Procurement Certification Form
- Submit to
- https://www.pasupplierportal.state.pa.us
- Duration
- 12 months
- Scope location
- Harrisburg, PA
- Reported agency
- Department of Labor and Industry
Questions about this IFB
How do I respond to this IFB from Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is October 23, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://www.pasupplierportal.state.pa.us. For questions, contact Christine Newton.
Can small businesses or minority-owned firms bid on this IFB?
Most government agencies, including Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania in PA, 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 IFB 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 Christine Newton at (717) 346-7667. 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: "Price" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania?
All active and historical solicitations from Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania are tracked and searchable. As a state agency, Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania 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 IFB?
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. This solicitation specifically requires the following attachments: Appendix C - Subcontractor Information Form, Worker Protection and Investment Certification Form, Iran Free Procurement Certification Form. Review the full document from Pennsylvania Department of Labor and Industry | Commonwealth of Pennsylvania for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Harrisburg, PA. Review the full solicitation for detailed scope requirements.