The Pension Benefit Guaranty Corporation (PBGC), a civilian agency, awarded a $15,565,400 definitive labor-hour contract to Milliman, Inc. to provide actuarial support services related to applications for Special Financial Assistance (SFA) submitted by multiemployer pension plans under the American Rescue Plan Act. The contract has a base period of one year with the potential for four additional one-year extensions. Milliman, a for-profit organization, will perform tasks such as reviewing...
This is a delivery order contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Milliman Incorporated, a for-profit professional services firm. The $629,052.50 contract provides Actuarial Support Services Level 1 to PBGC on a time and materials basis. The contract is a delivery order under PBGC's Actuarial Support Services master IDIQ vehicle, and has a period of performance through February 2026. The contract does not have a set-aside designation....
This is a firm-fixed price Blanket Purchase Agreement (BPA) call awarded to CFI Group USA LLC by the Department of Labor's Pension Benefit Guaranty Corporation (PBGC). The contract is for the agency's Performance Satisfaction Survey Measurement (Periodic) requirement, with a ceiling value of $70,541.00 and a period of performance ending on September 15, 2021. The contract was awarded under the General Services Administration's (GSA) Professional Services Schedule (PSS). There is no set-aside...
This is a federal contract award to CFI Group USA LLC, a for-profit limited liability company based in Ann Arbor, Michigan, to provide Performance Satisfaction Survey (PSS) services to the Department of Labor (DOL) Pension Benefit Guaranty Corporation (PBGC). The contract is a Blanket Purchase Agreement (BPA) call under the General Services Administration's Multiple Award Schedule (MAS) contract vehicle, with a ceiling value of $402,331.88 and a performance period ending on September 22, 2025....
The Pension Benefit Guaranty Corporation (PBGC) awarded a $5,556,730.42 Firm Fixed Price contract to Milliman, Inc. for the "SUPPORT OF ACCURATE AND TIMELY CALCULATIONS OF BENEFITS FOR PARTICIPANTS IN TRUSTEED PLANS." This contract was issued under the Actuarial Support Services master IDIQ contract. The contract does not have a set-aside designation and will be performed in Washington, D.C. Milliman, Inc. is a worldwide provider of actuarial and related services, including support for...
The U.S. Department of Labor's Pension Benefit Guaranty Corporation (PBGC) awarded a $72,307 firm-fixed price contract to CFI Group USA LLC to perform periodic performance satisfaction surveys. The contract is a call under the General Services Administration's (GSA) Professional Services Schedule (PSS) vehicle. CFI Group, a for-profit limited liability company, has extensive experience conducting similar survey services for various federal agencies. The contract is not set aside. The award...
The Pension Benefit Guaranty Corporation awarded Mercer (US) LLC a $406,100 firm fixed price contract to perform a targeted peer review of its Pension Insurance Modeling System for fiscal year 2021. The solicitation sought proposals to assess PBGC's capital market assumptions, interest rate and asset return projections, and economic modeling. No major subcontractors or set-aside designations were identified. As the federal agency that insures private sector defined benefit pension plans, PBGC...
This is a delivery order contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Bolton Partners D.C., Inc., a subsidiary of Bolton Partners, Inc. The contract provides Actuarial Support Services to the PBGC, which is responsible for insuring pension benefits for over 40 million American workers and retirees under private-sector defined benefit plans. The contract, awarded on December 1, 2018, has a ceiling value of $4,088,791.95 and an ultimate...
This is a federal contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian agency, to Milliman Incorporated, a subsidiary of the global actuarial and consulting firm Milliman, Inc. The contract, valued at $667,370.00, is for the provision of actuarial support services related to the Avaya pension plan. The contract has a 2-year period of performance with an ultimate completion date of May 29, 2025. This contract was awarded as a definitive, time and materials contract with...
The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a $450,000.00 firm-fixed-price definitive contract to RPW Solutions LLC for the provision of a monthly insurance rate survey and industry expertise. The contract will run from January 1, 2022 to December 31, 2026, with no set-aside designation. The survey data and access to subject matter experts will allow PBGC to refine its methodology for discounting financial statement liabilities and distress termination...