The purpose of this call order is to provide actuarial support on the multi-employer pension insurance modeling system (me pims) model.

Ended Awarded Last action

Contract number
16PBGC20M0014
Awardee
Awarding agency
Obligated
$266,414

Award facts

Opportunity
  • 16PBGC20Q0049 Solicitation number
Contract value 24% obligated
  • $639,108.00 Current, with exercised options
  • $1,122,625.40 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Labor Hours
Place of performance
Washington, DC 20024, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00009 · DE-obligate FY22 option year 2 funds. -$239,366
Other Administrative Action P00008 · Special studies analysis $0
Funding Only Action P00007 -$215,188
Other Administrative Action P00006 · Pims $0
Other Administrative Action P00005 · Actuarial support services for the multi - employer pension modeling system (me pims) -$157,506
Exercise an Option P00004 $239,366
Supplemental Agreement for work within scope P00003 $0
Supplemental Agreement for work within scope P00002 $0
Supplemental Agreement for work within scope P00001 $234,672
Original award $404,436

About this award

This federal contract award to Bolton Partners, Inc., a for-profit organization, was issued by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency. The purpose of the contract is to provide actuarial support on the Multi-Employer Pension Insurance Modeling System (ME PIMS) model. The contract was awarded as a Blanket Purchase Agreement (BPA) call order under the General Services Administration's (GSA) Multiple Award Schedule (MAS) contract vehicle. The contract has a ceiling value of $1,122,625.40 and a period of performance ending on September 20, 2023. The contract was not set aside for any specific business type. Bolton Partners, Inc. has a history of providing specialized actuarial and pension-related advisory services to various federal agencies, including the Pension Benefit Guaranty Corporation and the Department of Homeland Security.

Quick answers

Who was awarded contract 16PBGC20M0014?

16PBGC20M0014 was awarded to Bolton Partners, Inc. by Pension Benefit Guaranty Corporation on September 21, 2020.

How much is contract 16PBGC20M0014 worth?

The government has obligated $266,414 on 16PBGC20M0014. Its current value, with exercised options, is $639,108. Its potential value, with all options, is $1,122,625.

Is contract 16PBGC20M0014 an order under another contract?

Yes. 16PBGC20M0014 is a BPA call under GS23F0019X-16PBGC19A0002, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 16PBGC20M0014 competed?

The extent of competition for 16PBGC20M0014 was full and open competition. The government received 2 offers.

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