Date First Offered
Enrolled Pension Actuarial Services
Agency Reference Number:
INS - Insurance
INS - Insurance
Purchasing Agency SPO:
Description and Specifications:
The Illinois Department of Insurance is giving notice of intent to award a contract to Gabriel, Roeder, Smith & Co. as posted in the RFP, under the same IPB reference number 22040403.
Contract it being awarded to the most responsive and responsible vendor. Price has been determined to be fair and reasonable.
Contract start date is an estimate. Start date will be upon execution of the last dated signature.
The telephone number for the Protest Review Office has been changed since the publication of this RFP. The new phone number is 217-494-1856.
The agency reference number has been corrected from the original bulletin solicitation notice from 17-017 to 17-071.
Contract Award Notice
Notice Expiration Date:
Professional & Artistic:
Small Business Set-Aside:
Does this solicitation contain a BEP
or DBE requirement?:
Does this solicitation contain a
Total Amount of Award:
(Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:
Total amount of award, including renewals, is an estimated amount to be utilized on an as needed basis. Following is the rate amounts for the initial contract term submitted by Gabriel, Roeder, Smith & Co.:
$505/per file rate.
Length of Initial Term:
Contract Begin Date:
Contract End Date:
2 12 month renewals
Number of Responding Bidders:
Number of Unsuccessful Bidders:
Total Number Awarded:
Listing of All Bidders/Offerors Considered But Not Selected:
Dean Actuaries, LLC
Foster & Foster Actuaries & Consultants
Retirement Horizons Inc (RHI)
Segal & Co
The Nyhart Company
Vendor(s) Selected for Award
Amount of Award
BEP Goal %
DBE Goal %
Gabriel Roeder Smith and Co
320 W. Washington St.
NIGP Commodity/Service Code:
946 12 Actuarial Services and Retirement Planning
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