GASB 75 Actuary Services

Overview

Financial, Legal, HR & Staffing

Lee's Summit, Missouri, United StatesPosted 21 days agoDeadline: May 1st, 2026

Fit Score

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SUMMARY

Seeking an actuarial firm to perform GASB 75 compliant valuations and provide necessary financial statement disclosures for a government entity in Lee's Summit, Missouri.

KEY REQUIREMENTS

Must be a qualified, licensed actuarial firm
Must demonstrate financial stability
Must have no record of failing to perform contractual obligations
Must provide actuarial valuation in accordance with GASB 75
Must provide journal entries and required disclosure information for financial statements
Must maintain required insurance coverage including Commercial General Liability, Vehicle Liability, Workers' Compensation, Professional Liability, and Cyber Liability
Must be enrolled and participate in a federal work authorization program (E-Verify)
Must hold a current City of Lee's Summit Business License
Must provide a signed Work Authorization Affidavit

BUDGET

Estimate

$25,000 – $75,000

CONTRACT DURATION

60 months

TIMELINE

Release Date: April 16th, 2026

Final Date and Time for Inquiries: April 22nd, 2026 at Noon Local Time

Proposal Due Date and Time: May 1st, 2026 at 3:00 PM Local Time

Shortlist Announced for Oral Interviews: Week of May 11th, 2026

Oral Interviews: Week of May 18th, 2026

QUESTION DEADLINE

April 22nd, 2026

Issuing Agency

City Of Lee's Summit

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DESCRIPTION

A government authority in Lee's Summit, Missouri is seeking a vendor to provide GASB 75 actuary services. The services include completing actuarial valuations in accordance with Governmental Accounting Standards Board (GASB) Statement Number 75 for accounting and financial reporting. The actuarial firm will be responsible for developing relevant actuarial assumptions and methods that comply with current professional standards.

Additional responsibilities include preparing journal entries and providing required disclosure information for inclusion in financial statements. The entity operates on a fiscal year from July 1st to June 30th. The contract period for these services will be one year, with the deadline for submitting questions set for April 22, 2026.

Source attribution

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