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Awarding Agency
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Agency Name and Address |
Marlborough, City of
Retirement Board
289 Elm St., Suite 111
Marlborough, MA 01752 |
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Bid Number |
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Contact Information |
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Name |
Mark S. Bingle |
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Title |
Director |
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Phone |
508-460-3760 |
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Fax |
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Email Address |
mbingle@marlborough-ma.gov
Notify email address listed when final publish date assigned. |
Address
(if different from above) |
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Description |
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The Marlborough Retirement System (“System”) is seeking proposals from qualified Actuaries and Actuarial Service providers to conduct a full actuarial valuation and review of the system to determine if assets and contributions are sufficient to provide prescribed benefits under M.G.L. c. 32 and c. 34B, § 19, as well as to provide appropriate bi-annual funding schedules pursuant to M.G.L. c. 32. Assets of the Marlborough Retirement Board are valued at $216 million in assets as of 12/31/24. The successful proposer should be experienced preparing GASB Statements Nos. 67 and 68 Accounting Valuation Reports and will also advise the Retirement System regarding matters that impact the actuarial funding schedule required by M.G.L. c. 32. The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Marlborough Retirement System. |
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Contract Information |
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Estimated Rate |
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Duration |
4 years. |
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Bid Release Date |
10/28/25 |
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Bid Release Time |
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Bid Deadline Date |
11/18/25 |
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Bid Deadline Time |
4:00 P.M. |
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Additional Information |
Copies of the RFP available by contacting Mark S. Bingle, Director, at above agency address, tel: 508-460-3760 x3, or through mbingle@marlborough-ma.gov or retirement@marlborough-ma.gov or pick-up at the board's office during regular business hours. RFP will be sent via U.S. mail upon request and upon receipt of a certified check or cash in the amount of $25.00. |
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View the online copy of this publication.(hyperlink)
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