Actuarial Service Contract for KRGF

Description: The Commonwealth of Kentucky, through the Department for Natural Resources (DNR) and the Kentucky Reclamation Guaranty Fund (KRGF), issued an RFP seeking actuarial services to assess the fund's actuarial soundness and funding viability under KRS 350.500(1) and KRS 350.509(4). The contract requires a comprehensive actuarial study (Phase I) analyzing existing liabilities, bonding requirements and risks, followed by Phase II ongoing maintenance/support and implementation advice. Services are to be performed primarily at the KRGF office in Frankfort, KY; bidders must demonstrate relevant actuarial experience and meet state registration and affidavit requirements.