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Extractive Areas Rehabilitation Fund Actuarial Review
Public Authority
Department for Energy and Mining
Reference #
22065500269/SR214
Title
Extractive Areas Rehabilitation Fund Actuarial Review
Good or Services Acquired
Actuarial reviews of the Extractive Areas Rehabilitation Fund (EARF) are required periodically to ensure an appropriate level of fund adequacy is maintained. Prior EARF actuarial assessment was undertaken in March 2020. Independent actuarial assessment is required to support DEM in continuing to maintain appropriate fund settings to ensure that sufficient financial reserves are available to manage rehabilitation liabilities across the extractives industry.
Purpose of this consultancy engagement is to provide updated actuarial assessment of the EARF to ensure fund adequacy, following significant changes in broader economic conditions associated with COVID-19.
Variations
Contract extended as requested by the supplier by six weeks. The ‘Delivery Date’ extended delivery date for the EARF Actuarial Review Report - due 9 December 2022 (draft) and 13 January 2023 (final).
Procurement Process
Quotation
Total inc GST
$35,200.00
Execution Date
21 Oct 2022
Starting Date
21 Oct 2022
Initial Expiry Date
2 Dec 2022
Completion Date
13 Jan 2023
Freedom of Information Officer
Branka McIntyre
| [email protected] | |
| Office: +61 (08) 84293690 |
Contract Attachments
Contractors
| 1 | Brett & Watson Pty Ltd |
Created: 10 Nov 2022, 2:26 pm
Modified: 29 Nov 2022, 3:03 pm