Indefinite Delivery Contract 16PBGC21D0002

Award Date 9/28/21
Last Date to Order 12/10/21
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Order Dependent (IDV only)
Legislative Mandate
Clinger Cohen Act
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 16PBGC21D0002
    Indefinite Delivery Contract
  • 1
    Federal Contract Awards

The Pension Benefit Guaranty Corporation awarded a single-award indefinite delivery contract to Deloitte Consulting LLP to develop a transformed pension insurance modeling system. The contract has a potential value of $75 million.

The goal of the contract is to modernize the agency's existing pension modeling capabilities. Deloitte will develop a minimal viable product focused initially on single-employer plans, with the capability to incorporate multiemployer plans in future phases. Work will be performed in Washington, D.C. through December 2021.

The originating pre-solicitation notice sought proposals for a 10-year IDIQ contract with task orders to implement, operate and maintain a new Transformational Pension Insurance Modeling System. The first task order required modernizing the existing system within 27 months to increase processing speed, run more simulations, and accept expanded data inputs. The PBGC aims to replace aging infrastructure with an enhanced modeling platform allowing improved analysis of its pension insurance programs.

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