Consulting pension actuarial services.

Ended Awarded Last action

Contract number
1605C123F00068
Awardee
Awarding agency
Obligated
$1,051,799

Award facts

Opportunity
  • 1605C123R00018 Solicitation number
Contract value 100% obligated
$1,051,798.65 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
National Office Employee Benefits Security Administration, Department of Labor
NAICS code
541330 Engineering Services
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
North Bethesda, MD 20852, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00007 $0
Other Administrative Action P00006 $0
Funding Only Action P00005 · The purpose of this modification is to add funding to the base and fully fund option period 1. Consulting pension actuarial services. $401,784
Supplemental Agreement for work within scope P00004 · The purpose of this modification is to update the PWS and exercise option period 1. Consulting pension actuarial services. $0
Other Administrative Action P00003 $129,000
Supplemental Agreement for work within scope P00002 $0
Other Administrative Action P00001 $0
Original award $521,015

About this award

Strategic Technology Institute Inc. (STI), a minority-owned small disadvantaged business headquartered in Rockville, Maryland, has been awarded a delivery order for consulting pension actuarial services valued at $1.05M under the General Services Administration's Multiple Award Schedule. The contract, awarded on September 27, 2023, carries a firm fixed price structure with an ultimate completion date of May 6, 2026. Services will be performed in Rockville, Maryland, with no small business set-aside designation applied to this particular award.

This delivery order leverages STI's established presence on the GSA MAS vehicle, which provides the company access to federal agencies seeking professional services across multiple functional domains. STI's extensive contract portfolio with federal agencies including the Departments of Defense, Transportation, Justice, and Homeland Security, combined with its demonstrated expertise in technical and operational support, positions the company to deliver actuarial consulting services that likely support pension plan administration and analysis requirements within the civilian federal government. The award reflects STI's capability to provide specialized professional services through established GSA acquisition vehicles.

Quick answers

Who was awarded contract 1605C123F00068?

1605C123F00068 was awarded to Strategic Technology Institute Inc. by Office of the Assistant Secretary for Administration and Management (Department of Labor) on September 27, 2023.

How much is contract 1605C123F00068 worth?

The government has obligated $1,051,799 on 1605C123F00068.

Which agency awarded contract 1605C123F00068?

Office of the Assistant Secretary for Administration and Management (Department of Labor) awarded 1605C123F00068, with funding from National Office (Employee Benefits Security Administration).

Is contract 1605C123F00068 an order under another contract?

Yes. 1605C123F00068 is a delivery order under GS00F164CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 1605C123F00068 competed?

The extent of competition for 1605C123F00068 was full and open competition. The government received 2 offers.

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