Supplemental retirement plan services

Active Indefinite Delivery Contract Awarded Last action

Contract number
50310220D0001
Awardee
Awarding agency
Task orders
5 $1,000 obligated

Award facts

Opportunity
Combined order value
$1,000 Current and potential, with all options
Last date to order 89% complete
IDV ceiling <1% used
$5,000,000.00
Award type
Single award
Who can order
Only the awarding agency
Contracting staff
NAICS code
522110 Commercial Banking
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

The Securities and Exchange Commission awarded a single-award IDIQ to Principal Bank for supplemental retirement plan services with a contract ceiling of $5 million and an ultimate completion date of July 21, 2027, effective as of July 22, 2020. Place of performance spans multiple SEC locations: San Francisco, California; Washington, DC; and Des Moines, Iowa, where the prime maintains administrative operations for retirement benefit administration.

The SEC solicited this vehicle in September 2019 to procure ongoing supplemental retirement program services, including participant fee administration and retirement benefit plan management for SEC employees. The contract operates on a firm fixed-price delivery order basis with no set-aside applied.

Recent delivery orders issued under this IDIQ include a $500 firm fixed-price order awarded July 22, 2025, for supplemental retirement plan services with performance through July 21, 2026, at the SEC's Washington, DC headquarters; a $200,000 order awarded July 22, 2023, for supplemental retirement program services through July 21, 2024, also at Washington, DC; a $241,000 order awarded July 22, 2022, for supplemental retirement program services through July 21, 2023, performed from Des Moines, Iowa; and a $241,000 base-year order awarded July 22, 2020, for participant fee administration through July 21, 2022, performed from San Francisco, California. All delivery orders are firm fixed-price with no set-aside designations.

Task orders

Transactions

Action Obligated Date
Exercise an Option P00011 $0
Exercise an Option P00010 $0
Other Administrative Action P00009 $0
Exercise an Option P00008 $0
Other Administrative Action P00007 $0
Exercise an Option P00006 $0
Exercise an Option P00005 $0
Other Administrative Action P00004 $0
Exercise an Option P00003 $0
Novation Agreement P00002 $0
Supplemental Agreement for work within scope P00001 $0
Original award $0
Show all 12

Quick answers

Who was awarded contract 50310220D0001?

50310220D0001 was awarded to Principal Bank by Securities and Exchange Commission on July 22, 2020.

How much is contract 50310220D0001 worth?

Orders under 50310220D0001 have obligated $1,000. 50310220D0001's own ceiling is $5,000,000.

How many orders have been placed under contract 50310220D0001?

5 orders have been placed under 50310220D0001, the latest on July 22, 2026.

Who can order from contract 50310220D0001?

50310220D0001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 50310220D0001 competed?

The extent of competition for 50310220D0001 was full and open competition. The government received 2 offers.

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