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Identification

Reference Number: 22040318
Request ID:17-102068
Date First Offered03/24/2017
Title:HFS Actuarial Analysis and Consulting Services RFP P&A

Agency Reference Number:2017-36-003
Agency:HFS - Healthcare and Family Services
Purchasing Agency:HFS - Healthcare and Family Services
Purchasing Agency SPO:Scott D Kinsell

Status: Closed

Overview

Description and Specifications:
The Department of Healthcare and Family Services is awarding the contract for the Actuarial Analysis and Consulting Services RFP to Milliman, Inc. Milliman was responsive, responsible, and received the highest overall composite score for technical responsiveness.

Based on factors set forth in the Request for Proposal, the contract has been awarded to the offeror whose proposal is most advantageous to the State.

Key Information

Notice Type:Contract Award Notice

Published:06/19/2017
Notice Expiration Date:07/03/2017

Professional & Artistic:No
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:No

Does this solicitation contain a Veteran requirement?:No

Relevant Category:General Services

Total Amount of Award:$30,462,075.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:Initial term is estimated at $3,307,500.00 per year for a total initial term of $6,615,000.00.
Renewals are estimated at 3,406,725.00 per year for up to seven (7) years for a renewal total of $23,847,075.00.
Length of Initial Term:24
Contract Begin Date:07/01/2017
Contract End Date:06/30/2019
Renewal Terms:7 years

Bidder(s)


Number of Responding Bidders:3
Number of Unsuccessful Bidders:2
Total Number Awarded:1

Listing of All Bidders/Offerors Considered But Not Selected:
AON
Optumas
Source Selection:RFP

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Milliman, Inc.$30,462,075.000%0%

Notice Contact
Name: Trudy Ingalls
Street Address:201 South Grand Avenue East, Springfield, Il 62763
City:Springfield
State:IL
Zip Code:62763
Phone: 217-785-5960
Fax Number:xxx-xxx-xxxx
EMail Address:Trudy.Ingalls@illinois.gov

Class Code

Class Codes:

NIGP Code

NIGP Commodity/Service Code:918 32 Consulting Services (Not Otherwise Classified)
918 75 Management Consulting
946 00 FINANCIAL SERVICES - All
946 12 Actuarial Services and Retirement Planning


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