Maryland State Retirement Agency - Actuarial Consulting Services RFP - BPM055357 (2026)
Maryland State Retirement Agency | State of MarylandState · Baltimore, MD- Due
- Jun 29, 2026
- Deadline passed
- Posted
- Jun 5, 2026
- Contract term
- 5 years
- Primary contact
- Jane Noble
- (410) 625-5660
The 30-second brief
The Maryland State Retirement Agency is issuing a Request for Proposals for Actuarial Consulting Services, Solicitation Number BPM055357. The scope includes annual actuarial valuations for the State Pool and Municipal Pool, actuarial consulting services, experience study and analysis services, and employer valuation services for the Maryland State Retirement and Pension System. Proposals are due by June 29, 2026, at 5:00 PM Local Time. A pre-proposal conference is scheduled for June 16, 2026, at 11:00 AM Local Time via Microsoft Teams, with questions due by June 23, 2026, at 5:00 PM Local Time. The contract type is firm fixed price with an initial five-year base period and four additional one-year option periods.
Offeror's Technical Response to Requirements and Work Plan, Experience and Qualifications of Proposed Staff, Offeror Qualifications and Capabilities including proposed subcontractors, Economic Benefit to State of Maryland, Financial Proposal Evaluation Criteria
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Summary
The Maryland State Retirement Agency is issuing a Request for Proposals for Actuarial Consulting Services, Solicitation Number BPM055357.
The scope includes annual actuarial valuations for the State Pool and Municipal Pool, actuarial consulting services, experience study and analysis services, and employer valuation services for the Maryland State Retirement and Pension System. Proposals are due by June 29, 2026, at 5:00 PM Local Time. A pre-proposal conference is scheduled for June 16, 2026, at 11:00 AM Local Time via Microsoft Teams, with questions due by June 23, 2026, at 5:00 PM Local Time. The contract type is firm fixed price with an initial five-year base period and four additional one-year option periods.
EVALUATION CRITERIA
5- Offeror's Technical Response to Requirements and Work Plan
- Experience and Qualifications of Proposed Staff
- Offeror Qualifications and Capabilities including proposed subcontractors
- Economic Benefit to State of Maryland
- Financial Proposal Evaluation Criteria
REQUIRED ATTACHMENTS
6- Bid/Proposal Affidavit
- Bidder/Offeror Information Sheet
- Maryland Living Wage Requirements Affidavit of Agreement
- Location of the Performance of Services Disclosure
- Corporate Diversity Addendum
- The Price Form
- Submit to
- emma.maryland.gov
- Duration
- 60 months
- Scope location
- Baltimore, MD
- Reported agency
- Maryland State Retirement Agency
Questions about this RFP
How do I respond to this RFP from Maryland State Retirement Agency | State of Maryland?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is June 29, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: emma.maryland.gov. For questions, contact Jane Noble.
Can small businesses or minority-owned firms bid on this RFP?
Most government agencies, including Maryland State Retirement Agency | State of Maryland in MD, 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 Jane Noble at (410) 625-5660. 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: "Offeror's Technical Response to Requirements and Work Plan, Experience and Qualifications of Proposed Staff, Offeror Qualifications and Capabilities including proposed subcontractors, Economic Benefit..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Maryland State Retirement Agency | State of Maryland?
All active and historical solicitations from Maryland State Retirement Agency | State of Maryland are tracked and searchable. As a state agency, Maryland State Retirement Agency | State of Maryland 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 5 years. 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. This solicitation specifically requires the following attachments: Bid/Proposal Affidavit, Bidder/Offeror Information Sheet, Maryland Living Wage Requirements Affidavit of Agreement, Location of the Performance of Services Disclosure, Corporate Diversity Addendum, Th. Review the full document from Maryland State Retirement Agency | State of Maryland for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Baltimore, MD. Review the full solicitation for detailed scope requirements.