Agency MN Management & Budget

Contractor Deloitte Consulting

SWIFT Contract Number 135973

Project Name Actuarial Services

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: To provide actuarial, insurance, employee benefit and risk management consulting services for the benefit of the State's employee benefits program and the Public Employee Insurance Program.

Project Duration

Start Date Mon, 01/01/2018 - 00:00

Original end date Tue, 12/31/2019 - 00:00

Actual end date Sat, 12/31/2022 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) 27187

Contract Amounts

Original contract: $4000000.00

Amendments $6000000.00

Contract total $9177317.13

Did project finish within budget? Yes

What was the funding source? Insurance Administration funding
Public Employees Insurance Program Funding

Is this a sole source contract? No

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) {Empty}

Evaluator Name Linda Schmidt

Evaluator Email Address linda.schmidt@state.mn.us

Evaluate the contractor's timeliness excellent

Evaluate the contractor's quality excellent

Evaluate the contractor's cost standard professional rates for actuarial-benefit consulting services.

Evaluate the contractor's overall performance excellent. We selected Deloitte Consulting after a 2022 RFP bid for another 2-year contract with options to extend for 3 one-year extensions.

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): {Empty}

Please rate the overall experience with the contractor 5 - very satisfied