Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Board approval to begin RFP process: December 2025
Public announcement of RFP: February 2026
Deadline for submission of completed RFP: April 15th, 2026
Analysis of responses and finalist recommendation to Board of Trustees for invitation: May 2026
Oral presentation by the finalists to the Board of Trustees and selection of actuary: June 2026
Contract negotiation and Board of Trustees’ approval: July 16th, 2026
Issuing Agency
Board of Trustees of the Transit Management of Southeast Louisiana, Inc. Retirement Income Plan
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Louisiana seeks a qualified vendor to provide comprehensive actuarial services over a three-year contract period. The scope of work includes conducting annual valuations necessary for calculating annual funding costs and determining benefits for a defined benefit plan with more than 1,500 participants.
Additional responsibilities include delivering annual presentations to the Board of Trustees, conducting experience studies, and offering timely responses to questions and revisions as needed. The actuary will also handle other actuarial consulting projects and research services as required by the Board. All services are intended to ensure accurate and timely management of the pension or benefit plan's funding and compliance requirements.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.