Overview


Financial, Legal, HR & Staffing
Laguna Beach, California, United StatesPosted about 2 months agoDeadline: April 2nd, 2026

Fit Score


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SUMMARY


The City of Laguna, California is requesting proposals from actuarial firms to provide OPEB valuation and related consulting services in accordance with GASB 75 for multiple fiscal years.

KEY REQUIREMENTS


BUDGET

Estimate

$80,000 – $160,000

CONTRACT DURATION


48 months

TIMELINE


RFP Issue Date: March 10th, 2026

Deadline for Questions/Clarifications: March 23rd, 2026, by 2:00 PM PST

Proposal Due Date: April 2nd, 2026, 2:00 PM PST

Valuation measurements correspond to fiscal year-end dates of June 30th, 2026, June 30th, 2027, June 30th, 2028, and June 30th, 2029.

OPEB valuations and roll-forward data for fiscal years ending June 30th, 2026-2029, are due no later than August 31st of each year.

Necessary information for inclusion in City’s audited financial statements for fiscal years ending June 30th, 2026-2029, is due no later than August 31st of each year.

QUESTION DEADLINE


March 23rd, 2026

Issuing Agency


City of Laguna Beach

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The City of Laguna, California is seeking proposals from qualified professional actuarial firms to provide comprehensive actuarial services. These services will include valuing Other Post-Employment Benefits (OPEB) in accordance with Governmental Accounting Standards Board Statement No. 75 (GASB 75) for inclusion in the City's Annual Comprehensive Financial Report (ACFR).

The selected firm will be responsible for preparing all required information for the City's audited financial statements for the fiscal years ending June 30, 2026, through June 30, 2029. All deliverables must be completed by August 31st of each year. Additionally, the firm will assist with implementing new GASB statements and any other financial pronouncements related to OPEB while providing ongoing professional consultation.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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