Gold Coast Transit District

Buyer requires professional services to prepare GASB 75 OPEB valuation report measured as of June 30, 2023 for disclosures in fiscal year ending June 30, 2024. Services include actuarial valuations for retiree health and welfare benefits, calculation of liabilities, creation of required schedules, and preparation of financial statement disclosures. Buyer needs detailed financial accounting components to comply with GASB Statement No. 75 requirements.

• 5/2/2025 - Proposal Due Date

• Experience with transit agencies or special districts
• Must meet independence requirement of the General Accounting Office
• Must provide peer review report and letter of comment
• No disciplinary action within last three years

• Prepare GASB 75 OPEB valuation report measured as of June 30, 2023
• Provide actuarial determinations for financial accounting requirements
• Calculate Total OPEB Liability (TOL) and Net OPEB Liability (NOL)
• Project future benefit payments and contributions
• Develop deferred outflows and inflows of resources
• Calculate OPEB expense for financial reporting
• Provide journal entries for financial statements
• Determine Actuarially Determined Contribution (ADC)
• Prepare required disclosure schedules
• Draft notes for financial statements