Development of a new, modernized pension insurance modeling system & ongoing system operation & maintenance
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 16PBGC22D0001
- Awardee
-
Deloitte Consulting LLP UEI CKV2L9GZKJK3
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Task orders
- 3 $26,996,972 obligated
Award facts
- Opportunity
-
- Transformational Pension Insurance Modeling System (T-PIMS) Pre-Solicitation · 16PBGC21R0010 · Posted Mar 23, 2021
- Combined order value
-
- $27,119,599 Current, with exercised options
- $53,206,500 Potential, with all options
- Last date to order 81% complete
- IDV ceiling 36% used
- $75,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Negotiated Proposal / Quote
- Pricing
- Order Dependent (IDV only)
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
About this IDV
The Pension Benefit Guaranty Corporation awarded an indefinite-delivery contract to Deloitte Consulting LLP on December 22, 2021, with a $75 million ceiling. It is a single-award vehicle with no set-aside, and the prime is a large business. Its scope is development of a new, modernized pension insurance modeling system plus ongoing operation and maintenance. A modification fully funds Option Year 5, covering December 22, 2026 through December 21, 2027, which matches the ultimate completion date of December 21, 2027.
The originating pre-solicitation, posted March 23, 2021, sought an IDIQ with task orders for modernization, enhancement, operations, maintenance, and actuarial support of a Transformational Pension Insurance Modeling System. The initial task order required modernizing the single-employer plan system within 27 months of award, with the new system required to run faster, run more simulations, and accept more input data than the current one. The solicitation described a one-year base period and nine one-year options, with NAICS 541611 and a potential value of $50 million over 10 years.
Task orders issued under this IDIQ are placed at Arlington, Virginia and Washington, D.C. The most recent is an August 18, 2026 order for actuarial and IT operations, maintenance, and enhancement services for the SE T-PIMS system, with a $23.36 million ceiling running through September 29, 2031. Its base year is $3.84 million and Option Period 1 is $3.80 million, priced on labor hours. A September 30, 2024 order supporting TPIMS TO2 model operations and ME Sprint ZeroBPR activities had its Option Year 2 declined, reducing funded value from $18.41 million to $10.94 million and saving the government $7.47 million; it completes September 29, 2026. Falcon Consulting LLC and Performance Think LLC support that order with IT consulting and systems development. A December 23, 2021 order for development of the Transformational PIMS minimum viable product carried an $11.43 million ceiling, completed November 22, 2024, and was closed out through de-obligation of excess FY-24 funds.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Description | Pension Benefit Guaranty Corporation | $4,788,155 | |
| Tpims TO2 SE model operations CPI and me sprint zerobpr | Assisted Acquisition Services Region 10 (FAS) | $10,775,609 | |
| Development of transformational pims (TPIMS) minimum viable product | Pension Benefit Guaranty Corporation | $11,433,208 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Show all 14
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Falcon Consulting LLC | $643,584 | |
| Performance Think LLC | $1,686,898 |
Quick answers
Who was awarded contract 16PBGC22D0001?
16PBGC22D0001 was awarded to Deloitte Consulting LLP by Pension Benefit Guaranty Corporation on December 22, 2021.
How much is contract 16PBGC22D0001 worth?
Orders under 16PBGC22D0001 have obligated $26,996,972. Their combined current value, with exercised options, is $27,119,599. Their combined potential value, with all options, is $53,206,500. 16PBGC22D0001's own ceiling is $75,000,000.
How many orders have been placed under contract 16PBGC22D0001?
3 orders have been placed under 16PBGC22D0001, the latest on August 18, 2026.
Who can order from contract 16PBGC22D0001?
16PBGC22D0001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 16PBGC22D0001 competed?
The extent of competition for 16PBGC22D0001 was full and open competition. The government received 4 offers.
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