DOL Pension Plan Studies

The Department of Labor (DOL) Pension Plan Studies Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle supports economic and statistical research related to employer-provided pension plans. The master contract enables the DOL to rapidly procure specialized analytical services focused on retirement policy, pension plan design, and economic studies that examine various aspects of employee benefits and retirement security. Task orders under this vehicle are designed to provide in-depth research and analysis to inform pension policy, regulatory impact assessments, and understanding of retirement savings trends across different demographic groups and economic contexts.

The contract vehicle predominantly awards firm fixed-price delivery orders ranging from approximately $117,000 to $392,000, with contract durations typically spanning one to three years. Prime contractors consistently include nonprofit research organizations like RAND Corporation and the Urban Institute, as well as for-profit analytical firms such as Advanced Analytical Consulting Group, Inc. Task orders cover diverse research topics including economic analyses of retirement preparedness, pension plan default settings, impact of demographic factors on retirement security, regulatory compliance, and specific retirement policy interventions. None of the task orders utilized set-aside designations, and performance locations were primarily in major research and policy centers like Boston, Washington DC, and Santa Monica. The major program code consistently categorizes these contracts under "Various Economic and Statistical Studies Related to Employer Provided Pension Plans," indicating a broad and flexible research mandate.