Actuarial support services, small plans
Active Awarded Last action
- Contract number
- 16PBGC24F0058
- Awardee
-
Milliman Incorporated UEI LM8QZWD2PYU3
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $6,290,924
Award facts
- Opportunity
-
- 16PBGC24Q0029 Solicitation number
- Contract value 55% obligated
-
- $6,290,924.00 Current, with exercised options
- $11,474,074.00 Potential, with all options
- Completion date 41% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20024, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $2,204,354 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $2,386,210 | |
| Original award | $1,700,360 |
About this award
The Pension Benefit Guaranty Corporation issued a delivery order to Milliman Incorporated on September 30, 2024, with a ceiling value of $11.5 million for actuarial support services related to small pension plans, exercising option year 2 under the GSA Multiple Award Schedule.
Place of performance is Washington, DC. The order runs through September 29, 2029. Work encompasses actuarial support services delivered on a labor-hours pricing basis across CLINs 2001–2004. The GSA Multiple Award Schedule is a governmentwide vehicle offering a broad range of professional services across multiple vendors and labor categories.
Quick answers
Who was awarded contract 16PBGC24F0058?
16PBGC24F0058 was awarded to Milliman Incorporated by Pension Benefit Guaranty Corporation on September 30, 2024.
How much is contract 16PBGC24F0058 worth?
The government has obligated $6,290,924 on 16PBGC24F0058. Its potential value, with all options, is $11,474,074.
Is contract 16PBGC24F0058 an order under another contract?
Yes. 16PBGC24F0058 is a delivery order under GS00F096CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 16PBGC24F0058 competed?
The extent of competition for 16PBGC24F0058 was full and open competition. The government received 3 offers.
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