Agency MN State Retirement System

Contractor Gabriel Roeder Smith & Company

SWIFT Contract Number 126699

Project Name Actuarial Services

Project Number (if applicable) M156

Summarize purpose of the contract, including why it was necessary: Actuarial services, including consultation, advisory services, annual actuarial valuation reports, experience studies, and projection valuations.

Project Duration

Start Date Sat, 07/01/2017 - 00:00

Original end date Sun, 06/30/2019 - 00:00

Actual end date Thu, 06/30/2022 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) {Empty}

Contract Amounts

Original contract: $550000.00

Amendments $885000.00

Contract total $1435000.00

Did project finish within budget? No

What was the funding source? State

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 Kris Wenner for Tim Rekow

Evaluator Email Address tim.rekow@msrs.us

Evaluate the contractor's timeliness on time

Evaluate the contractor's quality good quality

Evaluate the contractor's cost expensive but worth it

Evaluate the contractor's overall performance good

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