Definitive Contract 16PBGC22C0004
- Not listed
- The Pension Benefit Guaranty Corporation (PBGC) awarded a $5,556,730.42 Firm Fixed Price contract to Milliman, Inc. for the "SUPPORT OF ACCURATE AND TIMELY CALCULATIONS OF BENEFITS FOR PARTICIPANTS IN TRUSTEED PLANS." This contract was issued under the Actuarial Support Services master IDIQ contract. The contract does not have a set-aside designation and will be performed in Washington, D.C. Milliman, Inc. is a worldwide provider of actuarial and related services, including support for...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a delivery order to Milliman Incorporated on September 30, 2024, for actuarial support services focused on small pension plans. Valued at $11.47 million with a completion date of September 29, 2029, this labor-hour contract is issued under the General Services Administration's Multiple Award Schedule (MAS) vehicle and does not include a set-aside designation. The work will be performed in Washington, DC, and represents a continuation of...
- The Pension Benefit Guaranty Corporation (PBGC) awarded Milliman, Inc. a $9,537,185.25 Delivery Order contract for Actuarial Support Services. This contract is a task order under PBGC's Actuarial Support Services master indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle. Milliman, a for-profit organization, will provide actuarial support services to PBGC at their location in Fort Lesley J. McNair, DC. The contract does not have a set-aside designation. Milliman has provided similar...
- This is a delivery order contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Milliman Incorporated, a for-profit professional services firm. The $629,052.50 contract provides Actuarial Support Services Level 1 to PBGC on a time and materials basis. The contract is a delivery order under PBGC's Actuarial Support Services master IDIQ vehicle, and has a period of performance through February 2026. The contract does not have a set-aside designation....
- This is a federal contract award by the Pension Benefit Guaranty Corporation (PBGC), a civilian agency, to Milliman Incorporated, a for-profit actuarial and consulting firm. The contract is for actuarial support services to the PBGC's Office of Benefit Administration (OBA) for Level 4 complexity pension plans. The award exercises a 6-month option period, with a total ceiling value of $953,562.50. The contract is a Delivery Order using a Time and Materials pricing type. There is no set-aside...
- The Pension Benefit Guaranty Corporation awarded Milliman, Inc.'s EB Consulting division a $15.6 million labor-hour contract on January 1, 2023, to provide actuarial support services through December 31, 2027. The contract, which has no set-aside designation, supports PBGC's administration of Special Financial Assistance applications submitted by multiemployer pension plans under the American Rescue Plan Act. Milliman will deploy credentialed actuaries to review SFA applications, evaluate...
- This federal contract award, with ID PBGC01D170004|16PBGC21T0008, was issued by the Pension Benefit Guaranty Corporation (PBGC) to Milliman Incorporated, a for-profit subsidiary of the global actuarial and consulting firm Milliman, Inc. The $868,315.00 Delivery Order contract is for Actuarial Support Services Level 3, under the Actuarial Support Services parent IDIQ vehicle. The contract has a period of performance through February 21, 2026 and uses a Time and Materials pricing type. Milliman...
- This contract was awarded by the Pension Benefit Guaranty Corporation (PBGC) to Milliman, Inc. for Actuarial Support Services - Non Large Plans - Inventory D, which covers 21 plans. The $1,060,477.25 contract is a Delivery Order under the Actuarial Support Services master Indefinite Delivery, Indefinite Quantity (IDIQ) contract vehicle. The contract is for labor hours and does not have a set-aside designation. Milliman, Inc. is a for-profit organization that provides actuarial and related...
- This is a federal contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian agency, to Milliman Incorporated, a subsidiary of the global actuarial and consulting firm Milliman, Inc. The contract, valued at $667,370.00, is for the provision of actuarial support services related to the Avaya pension plan. The contract has a 2-year period of performance with an ultimate completion date of May 29, 2025. This contract was awarded as a definitive, time and materials contract with...
- This is a $71,424.75 firm fixed-price definitive contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Milliman Incorporated for actuarial support services related to the Appvion pension plan. The contract has a completion date of July 21, 2024. Milliman Incorporated is a for-profit organization that specializes in providing actuarial and related services to various federal agencies, particularly in the areas of pension plans, retirement benefits, and...
The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive time-and-materials contract to Milliman Incorporated for Actuarial Support Services, with a ceiling value of $46.4 million and an ultimate completion date of January 31, 2032. This award represents a realignment of level of effort in option period 4 of an existing contract vehicle. The work will be performed in Seattle, Washington, with no set-aside designation applied. Milliman Incorporated, a subsidiary of Milliman, Inc., is a specialized actuarial and consulting firm with extensive experience supporting federal civilian agencies in complex pension analysis, risk assessment, and financial services. The PBGC, which administers the nation's defined benefit pension insurance program, engages actuarial expertise to support operations including pension plan analysis, financial modeling, and specialized consulting services. Milliman's track record with the PBGC and similar federal agencies—including the Internal Revenue Service, Federal Emergency Management Agency, and Department of Agriculture—demonstrates established capability to deliver sophisticated actuarial support services. The time-and-materials pricing structure reflects the specialized, professional nature of the actuarial work being performed, allowing flexibility in resource allocation as the PBGC's needs evolve through the contract period.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| P00021 | Other Administrative Action | $0 | 11/12/25 | |
| P00020 | Other Administrative Action | $0 | 10/8/25 | |
| P00019 | Other Administrative Action | $0 | 6/18/25 | |
| P00018 | Exercise an Option | $4.5m | 11/19/24 | |
| P00017 | Funding Only Action | $169.8k | 6/18/24 |