Actuarial Analysis & Consulting

Estimated Value: $10,500,000
Open New 10 days left IllinoisInformation Technologysolicitation
Oct 12, 2026
Oct 22, 2026 2:00 PM
Information Technology
solicitation
541611
AI Summary
The Illinois Department of Healthcare and Family Services (HFS) is seeking actuarial analysis and consulting services. The selected vendor will provide expertise in reviewing, advising on, and developing actuarially sound rates for Managed Care Organizations (MCOs) participating in Illinois Medicaid or related Medical Programs. This includes policy support and rate development assistance.
Line Items
ItemQtyUnitEst. Unit PriceEst. TotalCategory
Actuarial Services - Principal (Years 1-5) 14000 HR - Hour $450.00 $6,300,000.00 Professional Services
Actuarial Services - Consultant (Years 1-5) 14000 HR - Hour $300.00 $4,200,000.00 Professional Services
Actuarial Services - Associate Analyst (Years 1-5) 1 HR - Hour — — Professional Services
Estimated Bid Value$10,500,000.00

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📎 Vendor Disclosure form - formerly Forms A_1.docx View
📎 IPG Active Registered Disclosure Form - formerly Forms B_1.docx View
📎 Offer_6.pdf View
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