Benefit calculations and valuations (BCV) modernization, phase 5
Ended Awarded Last action
- Contract number
- 16PBGC23T0004
- Awardee
-
Salient Crgt, Inc. UEI Q5LJNF15T2R5
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $8,875,892
Award facts
- Opportunity
-
- 16PBGC23R0007 Solicitation number
- Contract value 100% obligated
- $8,875,891.82 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20024, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$122,361 | |
| Original award | $8,998,253 |
About this award
This is a delivery order award under Contract 16PBGC19D0020 for Benefit Calculations and Valuations (BCV) Modernization, Phase 5, with a total ceiling value of $8,875,891.82. The prime contractor is Salient CRGT, Inc., a for-profit IT solutions provider headquartered in Fairfax, Virginia. The award was made by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to support the modernization of the BCV system, which is critical for PBGC's mission of insuring pension benefits for private-sector defined benefit plans. The contract does not have a set-aside designation. Salient CRGT has subcontracted portions of the work to Bolton Partners D.C., Inc., an actuarial consulting firm, and Aderas Inc., an IT services provider, to leverage their specialized expertise.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Bolton Partners D.c., Inc. | $151,861 | |
| Bolton Partners D.c., Inc. | $1,576,146 | |
| Aderas Inc. | $1,006,764 |
Quick answers
Who was awarded contract 16PBGC23T0004?
16PBGC23T0004 was awarded to Salient Crgt, Inc. by Pension Benefit Guaranty Corporation on September 18, 2023.
How much is contract 16PBGC23T0004 worth?
The government has obligated $8,875,892 on 16PBGC23T0004.
Is contract 16PBGC23T0004 an order under another contract?
Yes. 16PBGC23T0004 is a delivery order under 16PBGC19D0020, an indefinite delivery contract.
Was contract 16PBGC23T0004 competed?
The extent of competition for 16PBGC23T0004 was full and open competition.
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