Actuarial support services for verity health systems plan

Ended Awarded Last action

Contract number
16PBGC19T0023
Awardee
Awarding agency
Obligated
$1,123,043

Award facts

Opportunity
  • 16PBGC19Q0042 Solicitation number
Contract value 88% obligated
$1,268,976.25 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 · 4 offers Multiple Award, Fair Opportunity
Pricing
Time and Materials
Place of performance
New York, NY 10170, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00018 · DE-obligate FY-23 and FY-24 funds. -$15,482
Exercise an Option P00017 · Exercise option period $76,070
Change Order P00016 · Labor hour increase under the order's option period 4 $61,519
Supplemental Agreement for work within scope P00015 · Novation agreement. $0
Other Administrative Action P00014 · The purpose of this modification is to insert pbgc 52.232-7009 submission of electronic invoicing using invoice proessing platform (IPP) for time and… $0
Funding Only Action P00013 · Pbgc actuarial support services -$145,934
Exercise an Option P00012 · Pbgc actuarial support services IDIQ holders $312,771
Supplemental Agreement for work within scope P00011 $80,690
Other Administrative Action P00009 · Actuarial support services. $0
Supplemental Agreement for work within scope P00008 $0
Exercise an Option P00007 $221,961
Exercise an Option P00006 $161,665
Other Administrative Action P00005 $0
Other Administrative Action P00004 · Actuarial support services $0
Supplemental Agreement for work within scope P00003 · Fully fund additional level of effort and option period 1. $148,801
Other Administrative Action P00002 $0
Supplemental Agreement for work within scope P00001 · Actuarial support services $110,887
Original award $110,094
Show all 18

About this award

This is a delivery order contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Milliman Incorporated, a for-profit corporate subsidiary of the global actuarial and consulting firm Milliman, Inc. The contract, valued at $1,268,976.25, is for actuarial support services related to the Verity Health Systems pension plan. The contract does not have a set-aside designation, indicating it was competitively awarded. It is a time and materials contract type, and is part of the larger Actuarial Support Services IDIQ contract vehicle used by PBGC. Milliman Incorporated has a history of providing specialized actuarial, pension, and financial analysis services to various federal agencies.

Quick answers

Who was awarded contract 16PBGC19T0023?

16PBGC19T0023 was awarded to Milliman Incorporated by Pension Benefit Guaranty Corporation on May 20, 2019.

How much is contract 16PBGC19T0023 worth?

The government has obligated $1,123,043 on 16PBGC19T0023. Its current value, with exercised options, is $1,268,976.

Is contract 16PBGC19T0023 an order under another contract?

Yes. 16PBGC19T0023 is a delivery order under PBGC01D170004, an indefinite delivery contract, on Actuarial Support Services.

Was contract 16PBGC19T0023 competed?

The extent of competition for 16PBGC19T0023 was full and open competition. The government received 4 offers.

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