Notice of Bid/Request for Proposal

STATE BOARD OF ADMINISTRATION
INVITATION TO NEGOTIATE

The State Board of Administration of Florida (SBA) is soliciting competitive responses from parties interested in offering actuarial consulting services for commutation of hurricane losses to the Florida Hurricane Catastrophe Fund (FHCF). The Invitation to Negotiate (ITN) is available on March 11, 2011, and may be obtained from the FHCF website at www.sbafla.com/fhcf/ (under “Announcements”). The deadline for submitting responses is 2:00 p.m. ET on March 31, 2011. A meeting will be held on April 11, 2011, to discuss and evaluate the responses received. Oral presentations, if conducted, will be held April 18, 2011. If needed, on April 19, 2011, a meeting will be held to select a pool of vendors to provide actuarial consulting services to the FHCF, pending successful contract negotiations. The SBA reserves the right to reject any or all competitive proposals and to cancel any ITNs.

All meetings are open to the public and shall take place at the times and locations shown below:

TIME: All meetings shall begin at 10:00 a.m. ET and continue until the meeting is concluded.

PLACE: The meetings shall take place in the Hermitage Centre, 1801 Hermitage Blvd., Tallahassee, Florida 32308.

Any person requiring special accommodations to participate in any meeting is asked to advise Donna Sirmons, State Board of Administration, P. O. Box 13300, Tallahassee, FL 32317-3300; Tel. (850)413-1349 at least seven (7) calendar days before the meeting.