Basic Information

Reference Number

0000270545

Issuing Organization

ONTARIO PENSION BOARD

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

RFP 2024-008-PEN/mr

Title

RFP Actuarial Services

Source ID

PU.OTH.ON.682763.C100252

Agreement Types

Canada-European Union Comprehensive Economic and Trade Agreement(CETA)

Canadian Free Trade Agreement (CFTA)

Details

Location

Canada, Ontario, Toronto

Purchase Type

Duration: 3 years
Option: with option to extend for up to two periods of up to two years each

Description

Ontario Pension Board (“OPB”) invites prospective proponents, who have the demonstrated capability and depth of expertise to support OPB in meeting its fundamental obligations for the PSPP and obligations that arise under agreements with the Government of Ontario (the “Government”) related to other plans, to submit proposals for the provision of Actuarial Services to support OPB’s actuarial needs.

The following mandatory technical requirements must be met:

the proponent is from a jurisdiction that has trade obligations with Ontario and/or Canada;
each proposed key team member must be a fellow of the Canadian Institute of Actuaries (FCIA);
the proponent declares that there is no Conflict of Interest in preparing its proposal;
the proponent declares that there is no foreseeable Conflict of Interest in performing the contractual obligations contemplated in the RFP.

OPB is seeking to retain a Lead Actuary for the provision of actuarial services including but not limited to actuarial valuations for funding purposes, other actuarial functions relating to administration of the plans, the provision of a pension calculator, implementation and training services, and consulting services as required. OPB is also seeking a Secondary Actuary who will be engaged for ad hoc services when the Lead Actuary is not able to provide the services.

Dates

Publication

2024/05/17 06:07:38 PM EDT

Bid Intent

Not Available

Question Acceptance Deadline

2024/05/30 04:00:00 PM EDT

Questions are submitted online

Closing Date

2024/06/19 03:00:00 PM EDT

Contact Information

Eva Zacharias

416-601-3998

eva.zacharias@opb.ca

Bid Submission Process

Bid Submission Type

Electronic Bid Submission

Pricing

In attached document

Bid Documents List

Item Name	Description	Mandatory	Limited to 1 file
Bid Documents	Documents defining the proposal	Yes	No
No entries

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