Actuarial support services level 1

Ended Awarded Last action

Contract number
16PBGC21T0013
Awardee
Awarding agency
Obligated
$358,622

Award facts

Opportunity
  • 16PBGC21R0003 Solicitation number
Contract value 98% obligated
  • $358,621.85 Current, with exercised options
  • $365,183.85 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 10017, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00015 · DE-obligation of excess FY-22, FY-23, FY-24, and FY-25 funds in preparation for contract closeout. -$263,869
Other Administrative Action P00014 · The purpose of this modification is to approve key personnel changes. $0
Exercise an Option P00013 · The purpose of this modification is to increase the ceiling value, exercise, and obligate funding for option period 4 of the conformed to. $20,200
Supplemental Agreement for work within scope P00012 · The purpose of this modification is to increase the level of effort and total ceiling value. $72,411
Exercise an Option P00011 · The purpose of this modification is to exercise OP3 and to update the key personnel position on the task order. $57,239
Supplemental Agreement for work within scope P00010 · Novation agreement $0
Supplemental Agreement for work within scope P00009 -$69,719
Exercise an Option P00008 $167,747
Other Administrative Action P00007 · Actuarial support services. $0
Supplemental Agreement for work within scope P00006 $0
Exercise an Option P00005 $204,903
Supplemental Agreement for work within scope P00004 $0
Supplemental Agreement for work within scope P00003 $0
Supplemental Agreement for work within scope P00002 $0
Supplemental Agreement for work within scope P00001 · Actuarial support services $0
Original award $169,709
Show all 16

About this award

This delivery order, awarded to Milliman Incorporated on February 22, 2021, provides actuarial support services to the Pension Benefit Guaranty Corporation (PBGC) under the parent Actuarial Support Services Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The contract is structured as a Time and Materials engagement with a ceiling value of $365,183.85 and is scheduled for ultimate completion on February 21, 2026. The work will be performed in New York, New York, and no small business set-aside designation was applied to this award, indicating open competition. This delivery order specifically addresses the de-obligation of excess funds from fiscal years 2022 through 2025 in preparation for contract closeout.

Milliman Incorporated, a subsidiary of the global actuarial and consulting firm Milliman, Inc., is well-positioned as a federal contractor specializing in complex actuarial and pension analysis services. As a long-standing SAM.gov registrant since 2001, Milliman has established significant relationships with civilian agencies including PBGC, the Internal Revenue Service, and the Federal Emergency Management Agency, with prior federal contract awards totaling tens of millions of dollars. The company's expertise in pension plan analysis, actuarial modeling, and specialized consulting aligns directly with PBGC's mission to protect pension benefits for American workers, making this engagement consistent with Milliman's established track record in federal pension and financial services support.

Quick answers

Who was awarded contract 16PBGC21T0013?

16PBGC21T0013 was awarded to Milliman Incorporated by Pension Benefit Guaranty Corporation on February 22, 2021.

How much is contract 16PBGC21T0013 worth?

The government has obligated $358,622 on 16PBGC21T0013. Its potential value, with all options, is $365,184.

Is contract 16PBGC21T0013 an order under another contract?

Yes. 16PBGC21T0013 is a delivery order under PBGC01D170004, an indefinite delivery contract, on Actuarial Support Services.

Was contract 16PBGC21T0013 competed?

The extent of competition for 16PBGC21T0013 was full and open competition. The government received 4 offers.

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