Settle Intelligence
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Issue Date: March 12, 2026
Optional pre-proposal conference: March 19, 2026, at 11:00 A.M.
RFP Due Date/Time: April 13, 2026 @ 2:00 p.m.
Annual actuarial valuation performed as of June 30th of each year.
Data for annual analysis provided to Contractor in July of each year.
Draft report for annual analysis submitted no later than mid-August of each year.
Review of June 30th valuation for Workers' Compensation claims conducted as of December 31st of each year.
Fairfax County Department Of Procurement & Material Management
Organization overview and procurement intelligence available on paid plans.
The government authority in Fairfax, Virginia is seeking professional actuarial consulting services to support its Risk Management Division. The selected vendor will be responsible for conducting actuarial studies, advisory, and consulting services, including the development and evaluation of financial requirements to ensure a stable and adequately funded reserve program.
The scope of work includes performing an annual actuarial valuation as of June 30 each year, delivering recommendations, and providing a comprehensive report with estimated reserve positions projected for the following year. These services encompass areas such as workers’ compensation, automobile liability, general liability, and public officials’ liability.
Questions regarding this RFP must be submitted by April 6, 2026.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.