Agency MN State Retirement System

Contractor Gabriel, Roeder, Smith & Company (GRS)

SWIFT Contract Number 126699

Project Name Actuarial Services

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: The purpose of this contract was to provide actuarial consulting services in order for MSRS to carry out its mission, perform financial reporting, and meet statutory requirements.

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 $1432000.00

Did project finish within budget? Yes

What was the funding source? MSRS Administrative 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 Tim Rekow

Evaluator Email Address tim.rekow@msrs.us

Evaluate the contractor's timeliness MSRS was very satisfied with the contractor's timliness.

Evaluate the contractor's quality MSRS was very satisfied with the contractor's quality.

Evaluate the contractor's cost Contracted service costs were appropriate for services performed.

Evaluate the contractor's overall performance MSRS was very satisfied with the contractor's performance.

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.): None noted.

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