Astd actuarial support services
Active Definitive Contract Awarded Last action
- Contract number
- 16PBGC22C0003
- Awardee
-
Bolton Partners D.c., Inc. UEI RFCCXB4FC2G2 Part of Bolton Partners, Inc.
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $17,115,890
Award facts
- Opportunity
-
- 16PBGC210012 Solicitation number
- Contract value 40% obligated
-
- $17,115,889.71 Current, with exercised options
- $43,266,564.70 Potential, with all options
- Completion date 47% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541612 Human Resources Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 6 offers Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- Baltimore, MD 21201, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $54,180 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $135,474 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $3,123,255 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $4,824,767 | |
| Supplemental Agreement for work within scope | $338,000 | |
| Funding Only Action | $169,000 | |
| Funding Only Action | $338,000 | |
| Exercise an Option | $2,773,145 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $497,250 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $239,369 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $2,412,600 | |
| Exercise an Option | $341,940 | |
| Exercise an Option | $325,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $162,500 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $204,530 | |
| Original award | $1,176,880 |
Show all 28
About this award
The Pension Benefit Guaranty Corporation awarded a $43.3 million definitive contract to Bolton Partners D.C., Inc. for actuarial support services on February 1, 2022, with a ceiling value of $43,266,564.70 and ultimate completion date of January 31, 2032. The contract is priced on a time and materials basis with no set-aside.
Work is performed in Baltimore, MD. The originating requirement covers ASTD (Actuarial Support Services), including the turn-on and full funding of CLINs 4035 and 4036. The contract extends through January 31, 2032 and represents PBGC's ongoing reliance on Bolton Partners for actuarial valuation, pension plan analysis, and related consulting support services critical to the agency's mission of insuring private-sector defined benefit pension plans.
Quick answers
Who was awarded contract 16PBGC22C0003?
16PBGC22C0003 was awarded to Bolton Partners D.c., Inc. by Pension Benefit Guaranty Corporation on February 1, 2022.
How much is contract 16PBGC22C0003 worth?
The government has obligated $17,115,890 on 16PBGC22C0003. Its potential value, with all options, is $43,266,565.
Was contract 16PBGC22C0003 competed?
The extent of competition for 16PBGC22C0003 was full and open competition. The government received 6 offers.
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