Question 1

What is "RRB-OIG Actuarial Audit Services"?

Accepted Answer

**PROCUREMENT OVERVIEW:**  
The Railroad Retirement Board (RRB) is seeking actuarial audit services to assess the accuracy and integrity of its actuarial calculations and methodologies. The primary objective is to ensure compliance with relevant regulations and standards while providing a thorough evaluation of the actuarial assumptions and projections used in the administration of the Railroad Retirement program. This audit is crucial for maintaining the financial health and sustainability of the retirement system for railroad workers.

**ISSUING ORGANIZATION:**  
The issuing organization is the Railroad Retirement Board, located in Illinois, USA. The primary contact for this opportunity is Hasael Roman, who can be reached via email at hasael.roman@rrb.gov.

**KEY DATES:**  
- Posted Date: March 25, 2026  
- Proposal Due Date: April 3, 2026, at 6:00 PM (local time)  
- Anticipated Award Date: Not specified  
- Performance Period: Not specified

**CONTRACT DETAILS:**  
The contract type is not explicitly stated in the provided information. There is no mention of the estimated contract value or budget range, nor are there any option years indicated.

**MANDATORY REQUIREMENTS:**  
Bidders must meet the following mandatory requirements to be considered eligible:  
- Registration in SAM.gov is required.  
- There are no specific security clearances mentioned.  
- No set-aside restrictions are noted.  
- Bidders must have a minimum of five years of relevant experience in actuarial services or audits.  
- No bonding or insurance requirements are specified.

**TECHNICAL CAPABILITIES:**  
Bidders should possess expertise in actuarial science, including knowledge of pension and retirement systems, as well as experience with actuarial audits. Familiarity with relevant actuarial standards and methodologies is essential. Proficiency in statistical analysis tools and software commonly used in the actuarial field is also required.

**DELIVERABLES AND PERFORMANCE STANDARDS:**  
Key deliverables include a comprehensive audit report detailing findings, recommendations, and an assessment of the actuarial methodologies used. Bidders may need to provide interim reports and updates throughout the audit process. Specific performance metrics or service-level agreements are not detailed in the provided information.

**EVALUATION CRITERIA:**  
Proposals will be evaluated based on a combination of factors, including the technical approach, past performance, and pricing. The weighting of these factors is not explicitly stated, but it is implied that a best-value evaluation approach will be used, prioritizing quality and effectiveness alongside cost.

**PREFERRED QUALIFICATIONS:**  
While not mandatory, preferred qualifications that may enhance a bidder's competitiveness include advanced certifications in actuarial science (e.g., ASA, FSA), experience with federal retirement systems, and a strong track record of successful actuarial audits. Familiarity with the Railroad Retirement Board's specific regulations and requirements would also be advantageous.

This summary provides a comprehensive overview of the RFP for Actuarial Audit Services, highlighting the critical elements that potential bidders need to assess their fit for this opportunity.

Question 2

When did this opportunity close?

Accepted Answer

This opportunity closed on April 3, 2026. The page is kept for historical reference and research purposes.

Question 3

Why is this closed opportunity still available to view?

Accepted Answer

This historical contract listing is preserved for research purposes. Contractors can use past solicitation data to understand requirements, pricing trends, and prepare for similar future opportunities from RAILROAD RETIREMENT BOARD.RAILROAD RETIREMENT BOARD.RRB - ACQUISITION MGMT DIVISION.

Question 4

Are there similar active opportunities available?

Accepted Answer

Yes, Narwin.ai automatically identifies similar active government contracts based on agency, NAICS codes, and set-asides. Check the "Similar Active Opportunities" section on this page or browse all active opportunities at narwin.ai/opportunities.

Question 5

What NAICS codes apply to this opportunity?

Accepted Answer

The applicable NAICS codes are: 541618.

Question 6

Are there any set-aside requirements?

Accepted Answer

Yes, this opportunity includes the following set-asides: null.

Question 7

Will this contract be re-solicited in the future?

Accepted Answer

Many government contracts are recurring (annual maintenance, multi-year services, etc.). Sign up for free alerts on Narwin.ai to be notified when RAILROAD RETIREMENT BOARD.RAILROAD RETIREMENT BOARD.RRB - ACQUISITION MGMT DIVISION posts similar opportunities in the future.

RRB-OIG Actuarial Audit Services

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