Indefinite Delivery Contract 16PBGC19D0020

Award Date 6/3/19
Last Date to Order 6/2/26
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Order Dependent (IDV only)
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, has awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) master contract for Actuarial Support Services to Milliman Incorporated, a for-profit organization. The IDIQ has a ceiling value of $173,000,000 and covers a range of specialized actuarial services to support PBGC's mission of insuring private sector pension plans. Under this master contract, PBGC has issued multiple fixed-price and time-and-materials delivery...
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  • 16PBGC19D0020
    Indefinite Delivery Contract
  • 10
    Federal Contract Awards

The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded an Indefinite Delivery Contract (IDC) valued at up to $100 million to Salient CRGT, Inc. to provide Actuarial Technology Support Services. Under this IDC, PBGC has issued multiple delivery orders for a range of actuarial, IT, and software development services to support the agency's mission of insuring pension benefits for over 40 million American workers and retirees. Key task orders include modernizing the agency's Benefit Calculations and Valuations (BCV) systems, conducting actuarial studies and mortality analysis, providing operations and maintenance of software, and delivering custom computer programming. Salient CRGT, a for-profit IT solutions provider, is the prime contractor and has leveraged specialized subcontractors like Bolton Partners and Aderas Inc. to fulfill the contract requirements. The IDC has a base period of one year and nine option years, with an overall period of performance through June 2026. The contract work is primarily performed in the Washington, D.C. metropolitan area.

The original solicitation, posted in September 2018, sought a single-award IDC to provide comprehensive Actuarial Technology Support Services for PBGC's Office of Information Technology. The services include program management, project support, maintenance and operations of over 20 actuarial systems and applications. The contract has a minimum value of $1 million and a maximum of $100 million, with no set-aside designation. The primary NAICS code is 541511 and the PSC code is D302, reflecting the IT and professional services nature of the work.

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