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 and evaluate the actuarial assumptions and methodologies used in the Railroad Retirement program. The core objective is to ensure the integrity and accuracy of the actuarial data and processes that underpin the financial sustainability of the program. The project aims to provide a thorough audit of the actuarial practices to identify any discrepancies and recommend improvements.

### ISSUING ORGANIZATION
- **Organization Name:** Railroad Retirement Board (RRB)
- **Location:** Illinois, USA
- **Primary Contact:** Hasael Roman
- **Email:** hasael.roman@rrb.gov

### KEY DATES
- **Posted Date:** April 1, 2026
- **Proposal Due Date:** April 7, 2026
- **Anticipated Award Date:** Not specified
- **Performance Period:** Not specified

### CONTRACT DETAILS
- **Contract Type:** Not explicitly stated
- **Estimated Contract Value:** Not mentioned
- **Option Years:** Not mentioned

### MANDATORY REQUIREMENTS
- **Certifications and Registrations:** Bidders must be registered in SAM.gov.
- **Experience:** A minimum of five years of relevant actuarial experience is required.
- **Past Performance:** Demonstrated experience with similar actuarial audit services is mandatory.
- **Geographic Restrictions:** Services must be performed within the United States.
- **Insurance Requirements:** Bidders must provide proof of liability insurance.

### TECHNICAL CAPABILITIES
Bidders must possess expertise in actuarial science, particularly in pension and retirement systems. Familiarity with relevant actuarial standards and methodologies is essential. Knowledge of regulatory requirements governing retirement benefits and experience with data analysis tools and software used in actuarial assessments are also required.

### DELIVERABLES AND PERFORMANCE STANDARDS
Key deliverables include a comprehensive audit report detailing findings, recommendations for improvements, and a presentation of results to RRB stakeholders. Regular progress updates and adherence to a specified timeline for deliverables will be expected, although specific performance metrics have not been outlined.

### EVALUATION CRITERIA
Proposals will be evaluated based on the following criteria:
- **Technical Approach:** Understanding of the project scope and methodology.
- **Past Performance:** Relevant experience and success in similar projects.
- **Price:** Cost-effectiveness of the proposal.
The evaluation will prioritize a best-value approach, balancing technical merit with cost.

### PREFERRED QUALIFICATIONS
While not mandatory, bidders with advanced actuarial certifications (e.g., Fellow of the Society of Actuaries), experience with federal retirement programs, and a proven track record of successful audits will be viewed favorably. Additional capabilities in data analytics and reporting tools may also enhance a bidder's competitiveness.

This summary provides a comprehensive overview of the RRB's request for actuarial audit services, highlighting the essential criteria and qualifications necessary for bidders to assess their fit for this opportunity.

Question 2

When is the proposal submission deadline?

Accepted Answer

The proposal submission deadline is April 7, 2026 (4 days left).

Question 3

What NAICS codes apply to this opportunity?

Accepted Answer

The applicable NAICS codes are: 541618.

Question 4

Are there any set-aside requirements?

Accepted Answer

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

Question 5

Where can I submit a proposal or get solicitation documents?

Accepted Answer

You can access the full solicitation documents and submit your proposal at: https://sam.gov/workspace/contract/opp/aae244b92e03497e86eeba8dd1ea939b/view

RRB-OIG Actuarial Audit Services

Actions

Documents

Additional Information

Source

Source Record ID

Source URL

Type

Status

Is Public

Contract Type

Deadline Text

Created

Last Updated

Contact Info Name

Contact Info Email

Contact Info Phone

Regions Of Opportunity

Organization Address Province

Organization Address Postal Code

Organization Country

Reference Number

Amendment Number

Summary Updated At

Frequently Asked Questions

Additional Details

NAICS Codes

AI Summary

Explore More Opportunities