SLED Opportunity · NORTH CAROLINA · NORTH CAROLINA

    Volunteer Safety Workers’ Compensation Funding Study IFB

    Issued by DEPARTMENT OF INSURANCE
    stateIFBnorth carolinaSol. fefa680e-fde4-f011-8543-001dd802fdea
    Closed
    STATUS
    Closed
    PUBLISHED
    Dec 29, 2025
    Posting date
    JURISDICTION
    north carolina
    state
    NAICS CODE
    524298
    AI-classified industry

    AI Summary

    North Carolina Department of Insurance seeks actuarial services for a Workers' Compensation Fund funding study and loss reserve analysis.

    Opportunity details

    Solicitation No.
    fefa680e-fde4-f011-8543-001dd802fdea
    Type / RFx
    IFB
    Status
    Open
    Level
    state
    Published Date
    December 29, 2025
    Due Date
    NAICS Code
    524298AI guide
    Jurisdiction
    north carolina
    Agency
    DEPARTMENT OF INSURANCE

    Description

    The Department of Insurance is looking for a vendor able to provide actuarial service for the Workers' Compensation Fund pursuant to G.S. 58-87-10. Prior to the completion of the funding study, the Vendor shall also conduct a loss reserve analysis of the Fund. A loss reserve analysis is an actuarial evaluation that estimates the amount of money the Fund must set aside to pay for future claims arising from past incidents.

    Key dates

    1. December 29, 2025Published

    AI classification tags

    Frequently asked questions

    SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.

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