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.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| P00011 | Exercise an Option | $0 | 5/9/25 | |
| P00010 | Exercise an Option | $0 | 5/15/24 | |
| P00009 | Supplemental Agreement for work within scope | $0 | 9/15/23 | |
| P00008 | Exercise an Option | $0 | 4/4/23 | |
| P00007 | Other Administrative Action | $0 | 2/15/23 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Delivery Order 16PBGC19D0020-16PBGC21T0020 | Salient Crgt, Inc. | $19.3m | 8/16/21 | 8/15/25 | 8/14/24 | |
Delivery Order 16PBGC19D0020-16PBGC19T0039 | Salient Crgt, Inc. | $299.1k | 9/30/19 | 7/1/20 | 9/24/19 | |
Delivery Order 16PBGC19D0020-16PBGC21T0021 | Salient Crgt, Inc. | $8.4m | 9/27/21 | 12/26/22 | 5/23/23 | |
Delivery Order 16PBGC19D0020-16PBGC19T0027 | Salient Crgt, Inc. | $13.9m | 7/1/19 | 2/28/26 | 2/28/25 | |
Delivery Order 16PBGC19D0020-16PBGC23T0002 | Salient Crgt, Inc. | $3.4m | 1/15/23 | 11/14/25 | 11/13/24 |
Name | Description | Solicitation Number | Federal Agency | Type | Posted Date (Click to sort descending) |
|---|---|---|---|---|---|
Actuarial Techology Support Services (ATSS) | 16PBGC19R0007 | Pension Benefit Guaranty Corporation | Solicitation 1/1 | 9/13/18, 11:06 AM |