Actuarial Support Services

The Pension Benefit Guaranty Corporation (PBGC) Actuarial Support Services Indefinite Delivery/Indefinite Quantity (IDIQ) contract provides comprehensive actuarial and pension-related professional services to support the agency's mission of insuring private sector defined benefit pension plans. This master contract enables PBGC to procure specialized actuarial analysis, pension plan valuations, risk assessments, database construction and analysis, and related consulting services through multiple prime contractors. The vehicle allows for flexible task order issuance with varying complexity levels and pricing structures to meet the agency's dynamic actuarial support requirements.

The task orders under this IDIQ typically range from $100,000 to $10 million, with performance periods between one and five years, predominantly using firm fixed price and time-and-materials pricing mechanisms. Key prime contractors include Bolton Partners D.C., Inc., Buck Global LLC, Milliman Incorporated, Deloitte Consulting LLP, and AON Consulting, Inc. The majority of task orders are not set aside for specific business types and are competitively awarded. Performance locations are primarily contractor facilities in New York, Washington D.C., and remote access to PBGC systems, with services spanning complexity levels from small plan database analysis to complex pension plan valuations and risk modeling. The contract supports PBGC's core function of protecting approximately 40 million American workers and retirees covered under private-sector defined benefit pension plans.