Multiemployer solvency projection and multiemployer assumptions

Ended Awarded Last action

Contract number
16PBGC20T0032
Awardee
Awarding agency
Obligated
$739,942

Award facts

Opportunity
  • 16PBGC20Q0093 Solicitation number
Contract value 100% obligated
$739,941.95 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Labor Hours
Place of performance
Washington, DC 20005, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 -$14,743
Supplemental Agreement for work within scope P00001 $90,021
Original award $664,664

About this award

The Pension Benefit Guaranty Corporation awarded a $739,941.95 delivery order contract to Salient CRGT Inc., doing business as CRGT Inc., for multiemployer solvency projection and multiemployer pension plan assumption services. The contract has a period of performance from September 28, 2020 through August 31, 2021 and utilizes labor hour pricing. CRGT will provide actuarial and analytical services to assist the PBGC in evaluating multiemployer pension plan funding levels and risks to the pension insurance program. No subcontractors or set aside designations were identified. The PBGC insures pension benefits for millions of American workers and retirees and works to ensure the plans it takes over are able to pay benefits.

Quick answers

Who was awarded contract 16PBGC20T0032?

16PBGC20T0032 was awarded to Salient Crgt, Inc. by Pension Benefit Guaranty Corporation on September 28, 2020.

How much is contract 16PBGC20T0032 worth?

The government has obligated $739,942 on 16PBGC20T0032.

Is contract 16PBGC20T0032 an order under another contract?

Yes. 16PBGC20T0032 is a delivery order under 16PBGC19D0020, an indefinite delivery contract.

Was contract 16PBGC20T0032 competed?

The extent of competition for 16PBGC20T0032 was full and open competition.

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