Definitive Contract 16PBGC22C0018
- Not listed
- The Pension Benefit Guaranty Corporation awarded a $651,282 firm fixed price contract to Advanced Analytical Consulting Group, Inc. to conduct its annual Pension Insurance Modeling System Peer Review. The contractor will review PBGC's modeling of single-employer plan sponsors' contribution policies and risk transfer activities, and review modeling of future changes in multi-employer plans' active participant levels. The place of performance is the contractor's Washington, D.C. facility. No...
- The Pension Benefit Guaranty Corporation awarded a $265,696.88 firm fixed price contract to Buck Global, LLC doing business as Xerox to conduct a peer review of the agency's Pension Insurance Modeling System. Per the original solicitation, the contractor will analyze PBGC's development of plan, participant, and sponsor data inputs used in its single-employer and multiemployer pension plan models to assess the Pension Insurance Modeling System. There is no set-aside designation for this...
- This federal contract was awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian agency, to Mercer (US) LLC, a subsidiary of Marsh & McLennan Companies Inc., for a Pension De-Risking Study. The contract has a ceiling value of $85,000.00 and is a firm fixed-price delivery order under Mercer's Professional Services Schedule (PSS) contract with the General Services Administration. The contract does not have a set-aside designation. The award was made on August 10, 2017, with a...
- This federal contract award is for investment consulting services provided to the Pension Benefit Guaranty Corporation (PBGC), a civilian government agency. The contract was awarded to Mercer Investments LLC, a subsidiary of Marsh & McLennan Companies Inc., a global professional services firm. The contract is a definitive, firm fixed-price contract with a ceiling value of $5,562,493.70 and an ultimate completion date of August 31, 2022. The contract was not designated as a set-aside,...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a $702,133.96 firm fixed-price definitive contract to Advanced Analytical Consulting Group, Inc., a for-profit subchapter S corporation based in Boston, Massachusetts, to conduct a peer review study of the Pension Insurance Modeling System (PIMS) under the Moving Ahead for Progress in the 21st Century Act (MAP-21). This contract was awarded on a best value trade-off basis with no set-aside designation. Advanced Analytical Consulting Group...
- 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...
- This federal contract award was issued by the Pension Benefit Guarantee Corporation (PBGC), a civilian agency, to FTI Consulting, Inc. for an Independent Peer Review of PBGC's Single and Multi-Employer Pension Insurance Modeling Systems. The contract was awarded on July 31, 2015 under the General Services Administration's (GSA) Professional Services Schedule (PSS), with a ceiling value of $2,280,237.80. The contract is for Delivery Order services on a Time and Materials pricing type, with a...
- 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.,...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a $2,952,018.03 time-and-materials delivery order contract for Actuarial Support Services to Buck Global LLC, a for-profit limited liability company. This award is part of a larger Actuarial Support Services indefinite-delivery/indefinite-quantity (IDIQ) master contract. Buck Global will provide specialized actuarial analysis, pension plan modeling, and related consulting services to support PBGC's mission of...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a $117,750.00 Firm Fixed Price purchase order to Index Engines, Inc. for software maintenance renewal support. The contract does not have a set-aside designation and will be performed in Washington, DC with a completion date of September 30, 2018. As the PBGC is the federal agency responsible for administering the nation's private-sector defined benefit pension plan insurance program, this software maintenance contract supports the agency's...
The Pension Benefit Guaranty Corporation awarded Mercer (US) LLC a $406,100 firm fixed price contract to perform a targeted peer review of its Pension Insurance Modeling System for fiscal year 2021. The solicitation sought proposals to assess PBGC's capital market assumptions, interest rate and asset return projections, and economic modeling. No major subcontractors or set-aside designations were identified. As the federal agency that insures private sector defined benefit pension plans, PBGC requires periodic expert review of the models underlying its pension plan risk assessments and financial projections to ensure accuracy and reliability. This contract will deliver the specialized expertise needed to evaluate PBGC's interest rate and return assumptions in its Pension Insurance Modeling System, an important tool for the agency's pension guarantee program.
Name | Description | Solicitation Number | FederalAgency | Type | PostedDate |
|---|---|---|---|---|---|
PIMS Peer Review Interest Rate and Asset Return Modeling Assessment (Targeted) | 16PBGC22Q0020 | Pension Benefit Guaranty Corporation | Solicitation 1/1 | 1/25/22, 1:33 PM |
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| P00002 | Funding Only Action | ($3k) | 7/11/23 | |
| P00001 | Exercise an Option | $0 | 10/12/22 | |
| Not listed | Not listed | $409.1k | 4/29/22 |