Specifications include, but are not limited to: 4.2.1 Actuarial Valuation of the WV RHBT Vendor will perform an annual actuarial valuation of the WV RHBT as of June 30. The valuation will present the actuarial position of the WV RHBT in accordance with the requirements of GASB Statement No. 74 and GASB Statement No. 75. WV RHBT will anticipate completion of the GASB valuation report by July 31 and the completion of any update to the valuation needed required by GASB by October 1 each year. These are anticipated dates and are subject to change. Actuary may be asked to formally present the report to the WV PEIA Finance Board.; (a) Actuaries will be provided with billing files from WV RHBT, claim files from vendors, a sick and annual leave warehouse file from WV Financial Accounting and Reporting Section, and census information for the West Virginia Consolidated Retirement Board (CPRB) and Teachers Insurance and Annuity Association and College Retirement Equities Fund (TIAACREF).; (b) Some retirees have the ability to choose between health insurance premiums or additional years of service credits for their pension in converting their leave. The sick and annual leave conversion requires the development of a methodology that will create an accurate representation of the choice a retiree will make with their leave balance.; Vendor will prepare necessary reports and information for inclusion in the States’ Annual Comprehensive Financial Report (ACFR) and the WV RHBT Basic Financial Statements, Required Supplementary Information, and Other Financial Information.; 4.2.2 Actuarial Funding Valuation; Vendor will perform an annual actuarial funding valuation of the WV RHBT as of June 30. This report will be used for funding purposes and planning me only and will be separate from the GASB Statements Nos. 74 and 75 valuation referenced in 4.2.1.; Vendor will prepare necessary reports and information for inclusion in the States’ Annual Comprehensive Financial Report (ACFR) and the WV RHBT Basic Financial Statements, Required Supplementary Information, and Other Financial Information.; 4.2.3 Ad Hoc Services; Due to other external vendors involved in RHBT audit review, additional services or reports may be necessary that fall outside of the standard services provided in 4.2.1 and 4.2.2. Should services or reports outside the scope of 4.2.1 and 4.2.2 be required, PEIA will provide as much notice as possible and Vendor will make every effort to accommodate these requests within a reasonable timeframe. No guarantee is made that this service will be requested. Vendor should provide hourly pricing for such services for evaluation purposes only.; 4.2.4 Performance Guarantees Vendor will maintain an agreed upon timeline for services to ensure that the WV RHBT can meet its October 15th deadline for the WV RHBT June 30th Annual Financial Audited Report as established by the State of West Virginia. Vendor will treat all inquiries received from October 1st through October 15th as urgent and respond to these inquiries within 1 business day. Vendor will also make every effort to address discrepancies identified by the external auditor’s actuarial team and provide the corrected reporting to WV RHBT management by October 15th annually.