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Bid Classification: 
Services
Bid Type:  RFQ
Bid Number:  2026-097
Bid Name:  Actuarial Services
Bid Status:  Open
Published Date:  Fri Sep 18, 2026 2:00:01 PM (MDT)
Bid Closing Date:  Thu Oct 1, 2026 2:00:01 PM (MDT)
Question Deadline:  Thu Sep 24, 2026 12:00:00 PM (MDT)
Electronic Auctions:  Not Applicable
Language for Bid Submissions:  English unless specified in the bid document
Submission Type:  Online Submissions Only
Submission Address:  Online Submissions Only
Public Opening:  No
Description: 

Sturgeon County’s Annual Financial Statement Audit requires an Actuary to perform an estimate for the County’s retirement liability. This complex computation involves the use of various assumptions and parameters to arrive at a reasonable value for the future employee post retirement liability for the county financial statement reporting. 

To support this reporting requirement, the County’s Corporate Finance and Treasury department requires a third party to perform retirement liability actuarial services every 3-4 years and must be disclosed in our annual financial statements.

The outcome of the actuarial valuation is expected to become a standard for the County to use for future estimation and will be used to support the annual financial reporting for the County. Sturgeon County’s intent is that an actuarial review be performed every 3 to 4 years.

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