Workers Compensation Actuarial Assessment
Tender ID: 572943
Tender Details
Tender Description
The Council of the City of Sydney ("the City") invites tenders for the carrying out of bi-annual actuarial assessments of our workers compensation liabilities in accordance with this Request for Tender.
The City is a licensed self-insurer for workers compensation. As a licensing condition we are required to have an actuarial assessment of our workers compensation liabilities.
We invite quotations to assess the City's workers compensation liabilities in line with Self Insurance Regulatory Authority (SIRA) requirements. The City incurs approximately 200 workers compensation claims per year with ongoing liability in the region of $11,000,000.
The terms of this contract are for 3 years with the option to extend for two years (one year at a time) at the City's discretion.
Tenderers must submit tenders in the manner required by this document.