Actuarial Services

Solicitation No. R-19-012-RL
Status: Selection Approved and Awarded
Awarded: 1/22/20
Due Date: 10:00 AM Wednesday, 8/21/19

Awarded Firm: Sigma Risk Management Consulting, LLC

The San Antonio Water System (SAWS) is pursuing a Request for Proposals (RFP) for the assistance of a qualified actuarial firm (Consultant) to conduct a comprehensive actuarial analysis of SAWS’ self-insured workers’ compensation and liability programs. The comprehensive actuarial analysis  includes an estimate of the unpaid loss and allocated loss adjustment expense (ALAE) for known claims, and claims which have occurred but have not yet been reported (incurred but not reported or IBNR). SAWS plans for these contracted services to be for the years 2020, 2021 and 2022.

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Addendum 1
Aug. 12, 2019