RRB-OIG Actuarial Audit Services

Solicitation / RFP / RFQ

This solicitation is for Actuarial Audit Services for the U.S. Railroad Retirement Board (RRB) Office of Inspector General (OIG). The OIG requires assistance with its annual actuarial audit of the RRB's financial statements. The RRB is an independent agency administering retirement, survivor, unemployment, and sickness insurance benefit programs for railroad workers.

• Perform a limited scope actuarial audit of the reporting period for the fiscal year 2025 statement of social insurance and the statement of changes in social insurance amounts.

• Provide draft and final written reports detailing findings, conclusions, and opinions.

• Conduct an annual onsite quality review.

• Prepare an annual workplan and activity checklist.

• Provide monthly progress reports.

• Adhere to Actuarial Standards of Practice.

• Contract Type: Firm-fixed price.

• Period of Performance: Includes a base period and four option periods.

  • Base Period: 05/01/2026 - 10/31/2026
  • Option Period 1: 05/01/2027 - 10/31/2027
  • Option Period 2: 05/01/2028 - 10/31/2028
  • Option Period 3: 05/01/2029 - 10/31/2029
  • Option Period 4: 05/01/2030 - 10/31/2030

• Estimated Value: Not explicitly stated, but the NAICS code is 541611 (Administrative Management and General Management Consulting Services) with a size standard of $15,000,000.

• Proposal Submission Deadline: April 3rd, 2026, 1:00 PM CT.

• Questions Deadline: March 23rd, 2026, 1:00 PM CT.

• Submission Method: Email to proposals@rrb.gov.

• Evaluation Criteria: Best value award, with technical evaluation weighted significantly greater than price. Factors include Approach, Quality Control, Staffing, Past Performance, and Value-Added Technical Characteristics.

• The solicitation is listed as "UNRESTRICTED OR SET ASIDE". Specific set-aside information is not detailed on the first page.

• Offerors must be registered in the System for Award Management (SAM).

• Offerors must provide a "fully loaded" firm-fixed price quote.

• All data provided to or developed by the contractor is the property of the federal government.

• Specific requirements for contractor personnel, including personal identity verification and security training, are detailed.

• The contract includes numerous FAR clauses related to commercial items, terms and conditions, and specific statutory requirements.

Form / Attachment / Pricing Sheet

This document is a Performance Evaluation Form and Past Performance Questionnaire. It is designed to gather feedback from evaluators on a contractor's performance for a specific contract or service.

• Evaluator Information: Name, Official Position.
• Company Information: Name of Company, Address, Contact details.
• Contractor Information: Name of Contractor, Period of Performance, Contract Number/Reference, Contract Type, Contract Value.
• Service Description: A request for a thorough description of the services contracted.
• Performance Ratings: A standardized rating scale (5=Excellent to 1=Unsatisfactory, N/A) for eleven key performance areas, including:
  • Overall implementation
  • Proactive performance and quality of service
  • Effectiveness of key personnel
  • Timeliness and reliability
  • Customer satisfaction
  • Interfacing with agency personnel
  • Overall business relations
  • Billing procedures
  • Meeting security requirements
  • Overall technical competence
  • Likelihood to award a similar contract
• Comments Section: Space for detailed comments on each rating item.

Bidders may encounter this form as part of a solicitation package. It indicates that past performance will be a factor in the evaluation. Understanding the criteria and rating scale will help bidders prepare to provide their own past performance information or anticipate the type of feedback the government will solicit from their references.