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Public Higher Education Bulletin

 
University of Illinois at Urbana-Champaign
RFP #1THN818
Request for Proposal: Actuarial Services
Renewal Info
Published Monday April 16, 2012
Renewal entered into with:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $130,000
Renewal: 5th of 5, 7/1/2012 through 6/30/2013
Pricing Changes:  Price increase of 3% per CPI
Service/Product Changes:  None
Potential Future Renewals: None

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Monday June 20, 2011
Renewal entered into with:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $130,000
Renewal: 4th of 5, 7/1/2011 through 6/30/2012
Pricing Changes:  3% increase
Service/Product Changes:  None

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Friday April 30, 2010
Renewal entered into with:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $99,900
Renewal: 3rd of 5, 7/1/2010 through 6/30/2011
Pricing Changes:  3%
Service/Product Changes:  None
The buyer for this procurement is now Mary Kent-Gehrt, (217) 244-4320.

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Change Order
Published Wednesday April 7, 2010
Vendor: Milliman, Inc., Chicago, IL
Change Order Amount: $42,450

Change order increase is for performance of additional studies and analysis of calculated funding at various liability retention levels. These studies could impact the cost of funding the self insurance trust fund.
The buyer for this procurement is now Mary Kent-Gehrt, (217) 244-4320.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Friday February 27, 2009
Renewal entered into with:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $87,550
Renewal: 2nd of 5, 7/1/2009 through 6/30/2010
Pricing Changes:  3% increase
Service/Product Changes:  none

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Renewal Info
Published Friday June 13, 2008
Renewal entered into with:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $85,000
Renewal: 1st of 5, 7/1/2008 through 6/30/2009
Pricing Changes:  3% increase
Service/Product Changes:  Additional studies are anticipated.

The University award process may be delayed up to thirty days as this award goes through a state approval process.
Award InfoPublished Tuesday June 19, 2007
Awarded to:
Vendor: Milliman, Inc., Chicago, IL
Amount: An estimated $74,500
Terms:
7/1/07 to 6/30/08 with 5 one-year renewals
Renewals:
5 one-year
Number of Unsuccessful, Responsive Respondents: 7
The University award process may be delayed up to thirty days as this award goes through a state approval process.
This notice has been modified
Published Thursday February 15, 2007
The bid opening date has been changed to February 20, 2007.
First published Wednesday, January 24, 2007
Sealed proposals will be accepted at the address below until 2:00 PM, Tuesday February 20, 2007:

Purchasing Division
616 E. Green Street, Suite 212, MC-364
Champaign, IL 61820

The University of Illinois, specifically the University Office of Risk Management, performs annually, through the use of an independent actuarial firm, an actuarial study on the following self insurance Plans:
  • Medical professional liability (including medical and dental professional, hospital professional, and hospital general) performed bi-annually
  • Public and Board legal liability (including public and veterinarian, and educator's legal liability)
  • Workers Compensation
The University is requesting proposals for a single provider of actuarial services beginning in July 1, 2007 for our FY09 funding requirement study, for the exposure areas referred to above.

For additional information, contact:
Tom Nation
Purchasing Division
616 E. Green St., Suite 212
Champaign, IL 61820
Phone: (217) 333-3584
FAX: (217) 239-6869
E-Mail: tnation@uiuc.edu
Submit 1 original and 2 copies of the response as defined in the specifications. This procurement will be contingent on Board of Trustees approval. Illinois Department of Human Rights (IDHR) eligibility number is required on all proposals.

This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.

The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.

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