Government retirement benefits service contract

Active Definitive Contract Awarded Last action

Contract number
36C77622C0162
Awardee
Awarding agency
Obligated
$11,689,525

Award facts

Opportunity
Contract value 100% obligated
$11,689,525.00 Current and potential, with all options
Completion date 82% complete
Current and potential, with all options
Funding agency
VA Technology Acquisition Center Headquarters, Department of Veterans Affairs
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 2 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Alexandria, VA 22314, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00006 · Government retirement & benefits platform - exercise option year 4 $2,337,905
Supplemental Agreement for work within scope P00005 · Government retirement benefits service contract - EO 14398 $0
Supplemental Agreement for work within scope P00004 $0
Exercise an Option P00003 $2,337,905
Exercise an Option P00002 · Government retirement benefits service contract - exercise option year 2 $2,337,905
Exercise an Option P00001 $2,337,905
Original award $2,337,905

About this award

The VA Technology Acquisition Center awarded an $11.7 million definitive contract to Government Retirement & Benefits, Inc. for government retirement benefits services on September 26, 2022, under a total small business set-aside, with ultimate completion on September 25, 2027.

The originating solicitation sought a national retirement solution for the Department of Veterans Affairs, including retirement plan administration, fund management, and benefits services. Place of performance is Alexandria, VA. The contract carries firm fixed-price pricing.

Under Service Contract Inventory reporting, the awardee invoiced $2.3 million in government-paid labor in FY2022 and $2.3 million in FY2024, self-performing all reported hours with no subcontractor engagement.

Quick answers

Who was awarded contract 36C77622C0162?

36C77622C0162 was awarded to Government Retirement & Benefits, Inc. by Veterans Integrated Service Network 9 (Veterans Health Administration) on September 26, 2022.

How much is contract 36C77622C0162 worth?

The government has obligated $11,689,525 on 36C77622C0162.

Which agency awarded contract 36C77622C0162?

Veterans Integrated Service Network 9 (Veterans Health Administration) awarded 36C77622C0162, with funding from VA Technology Acquisition Center (Headquarters).

Was contract 36C77622C0162 competed?

The extent of competition for 36C77622C0162 was full and open competition after exclusion of sources. The government received 2 offers. It was set aside: Total Small Business.

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