The purpose of this order is for the awarded vendor to perform the FY26 pims peer review on plan sponsor health

Active Purchase Order Awarded

Contract number
16PBGC26P0014
Awardee
Awarding agency
Obligated
$407,179

Award facts

Opportunity
Contract value 100% obligated
$407,178.58 Current and potential, with all options
Completion date 11% complete
Current and potential, with all options
Contracting staff
NAICS code
541990 All Other Professional, Scientific, and Technical Services
PSC
B599 Special Studies/Analysis- Other
Set-aside
No set-aside
Competition
Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Falls Church, VA 22043, USA

Award details come from SAM.gov/FPDS.

About this award

The Pension Benefit Guaranty Corporation awarded a purchase order to Alt Solutions LLC on September 25, 2026, for $407,178.58 to perform the FY26 PIMS peer review on plan sponsor health.

The order calls for an independent peer review of assumptions and methods used by the Single-Employer and Multiemployer Pension Insurance Modeling Systems. Work is performed in Falls Church, Virginia, with performance extending through April 27, 2027. The engagement covers six major task areas: three specific to the SE model (credit rating transitions, economic correlations, variable selection, initial rating methodology, distribution analysis, claim generation); three specific to the ME model (contribution and withdrawal liability modeling, systemically important employer identification, withdrawal liability analysis, 20-year historical analysis, income assumptions); and three cross-model areas (financial health data identification, stress testing, Actuarial Standards of Practice compliance, industry best practices). Deliverables include bi-weekly meetings, initial and final board briefings, draft and final reports, and a final presentation. The order originated from a solicitation posted August 6, 2026, with quotations due August 20, 2026.

Quick answers

Who was awarded contract 16PBGC26P0014?

16PBGC26P0014 was awarded to Alt Solutions LLC by Pension Benefit Guaranty Corporation on September 25, 2026.

How much is contract 16PBGC26P0014 worth?

The government has obligated $407,179 on 16PBGC26P0014.

Was contract 16PBGC26P0014 competed?

The extent of competition for 16PBGC26P0014 was competed under sap. The government received 1 offer.

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