06_RFP 16PBGC22R0007 7-6-2022.pdf

RFQ IFB RFP

WOMEN-OWNED SMALL BUSINESS

(WOSB) ELIGIBLE UNDER THE WOMEN-OWNED

SOLICITATION/CONTRACT/ORDER FOR COMMERCIAL ITEMS

OFFEROR TO COMPLETE BLOCKS 12, 17, 23, 24, & 30

1. REQUISITION NUMBER PAGE OF

2. CONTRACT NO. 3. AWARD/EFFECTIVE

DATE

4. ORDER NUMBER 5. SOLICITATION NUMBER 6. SOLICITATION ISSUE

DATE

7. FOR SOLICITATION

INFORMATION CALL:

a. NAME b. TELEPHONE NUMBER (No collect calls)

8. OFFER DUE DATE/

LOCAL TIME

9. ISSUED BY

13b. RATING

14. METHOD OF SOLICITATION

CODE

15. DELIVER TO 16. ADMINISTERED BY CODE

18a. PAYMENT WILL BE MADE BY CODEFACILITY

CODE

CODE

TELEPHONE NO.

17b. CHECK IF REMITTANCE IS DIFFERENT AND PUT SUCH ADDRESS IN

OFFER

18b. SUBMIT INVOICES TO ADDRESS SHOWN IN BLOCK 18a UNLESS BLOCK

BELOW IS CHECKED

SEE ADDENDUM

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

(Use Reverse and/or Attach Additional Sheets as Necessary)

25. ACCOUNTING AND APPROPRIATION DATA 26. TOTAL AWARD AMOUNT (For Govt. Use Only)

28. CONTRACTOR IS REQUIRED TO SIGN THIS DOCUMENT AND RETURN

DELIVER ALL ITEMS SET FORTH OR OTHERWISE IDENTIFIED ABOVE AND ON ANY

ADDITIONAL SHEETS SUBJECT TO THE TERMS AND CONDITIONS SPECIFIED

29. AWARD OF CONTRACT: REF.

DATED . YOUR OFFER ON SOLICITATION

(BLOCK 5), INCLUDING ANY ADDITIONS OR CHANGES WHICH ARE

SET FORTH HEREIN, IS ACCEPTED AS TO ITEMS:

30a. SIGNATURE OF OFFEROR/CONTRACTOR

30b. NAME AND TITLE OF SIGNER (Type or print) 30c. DATE SIGNED

31a. UNITED STATES OF AMERICA (SIGNATURE OF CONTRACTING OFFICER)

31b. NAME OF CONTRACTING OFFICER (Type or print) 31c. DATE SIGNED

AUTHORIZED FOR LOCAL REPRODUCTION

PREVIOUS EDITION IS NOT USABLE

STANDARD FORM 1449 (REV. 2/2012)

Prescribed by GSA - FAR (48 CFR) 53.212

COPIES TO ISSUING OFFICE. CONTRACTOR AGREES TO FURNISH AND

OFFER

13a. THIS CONTRACT IS A

RATED ORDER UNDER

DPAS (15 CFR 700)

11. DELIVERY FOR FOB DESTINA-

TION UNLESS BLOCK IS

MARKED

SEE SCHEDULE

12. DISCOUNT TERMS

ARE ARE NOT ATTACHED

ARE ARE NOT ATTACHED

27a. SOLICITATION INCORPORATES BY REFERENCE FAR 52.212-1, 52.212-4. FAR 52.212-3 AND 52.212-5 ARE ATTACHED. ADDENDA

27b. CONTRACT/PURCHASE ORDER INCORPORATES BY REFERENCE FAR 52.212-4. FAR 52.212-5 IS ATTACHED. ADDENDA

17a CONTRACTOR/

OFFEROR.

CODE

8 (A)

SIZE STANDARD:

NAICS:

% FOR:SET ASIDE:UNRESTRICTED OR

SERVICE-DISABLED

VETERAN-OWNED

SMALL BUSINESS

HUBZONE SMALL

BUSINESS

SMALL BUSINESS

10. THIS ACQUISITION IS

EDWOSB

SMALL BUSINESS PROGRAM

STANDARD FORM 1449 (REV. 2/2012) BACK

19.

ITEM NO.

20.

SCHEDULE OF SUPPLIES/SERVICES

21.

QUANTITY

22.

UNIT

23.

UNIT PRICE

24.

AMOUNT

32a. QUANTITY IN COLUMN 21 HAS BEEN

RECEIVED INSPECTED ACCEPTED, AND CONFORMS TO THE CONTRACT, EXCEPT AS NOTED:

41a. I CERTIFY THIS ACCOUNT IS CORRECT AND PROPER FOR PAYMENT

32b. SIGNATURE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32c. DATE

41b. SIGNATURE AND TITLE OF CERTIFYING OFFICER 41c. DATE

42a. RECEIVED BY (Print)

42b. RECEIVED AT (Location)

42c. DATE REC'D (YY/MM/DD) 42d. TOTAL CONTAINERS

40. PAID BY

32d. PRINTED NAME AND TITLE OF AUTHORIZED GOVERNMENT

REPRESENTATIVE

32e. MAILING ADDRESS OF AUTHORIZED GOVERNMENT REPRESENTATIVE 32f. TELPHONE NUMBER OF AUTHORZED GOVERNMENT REPRESENTATIVE

32g. E-MAIL OF AUTHORIZED GOVERNMENT REPRESENTATIVE

33. SHIP NUMBER 34. VOUCHER NUMBER 35. AMOUNT VERIFIED

CORRECT FOR

PARTIAL FINAL

37. CHECK NUMBER

38. S/R ACCOUNT NO. 39. S/R VOUCHER NUMBER

36. PAYMENT

COMPLETE PARTIAL FINAL

SCHEDULE Continued

ITEM NO. SUPPLIES/SERVICES QUANTITY UNIT UNIT PRICE AMOUNT

SUBMIT INVOICES TO:

INVOICEMANAGER@PBGC.GOV

GENERAL ACCOUNTING BRANCH (GAB/PBGC)

The items below are used for PBGC internal funding purposes only. The Contractor shall invoice in accordance with the official Pricing Schedule in Section B as well as clauses PBGC 52.232-7001 SUBMISSION

OF INVOICES (TIME AND MATERIAL AND LABOR

HOURS) (SEPT 2017) and PBGC 52.232-7006

SUBMISSION OF INVOICES/VOUCHERS - IPP (OCT

2018).

NTE NTE

0001 The Contractor shall provide highly qualified and specialized professional actuarial support services to support PBGC's Negotiations and Restructuring Actuarial Department (NRAD) in accordance with the requirements included in this Request for Proposals (RFP) and Section C, Performance Work Statement

(PWS).

0.00 EA

PAGE 3 OF 105 16PBGC22R0007

Table of Contents

SECTION B SUPPLIES OR SERVICES AND PRICES/COSTS

B.1 Section B - Pricing Schedule

SECTION C DESCRIPTION/SPECIFICATIONS/WORK STATEMENT

C.1 Section C - Performance Work Statement

SECTION D PACKAGING AND MARKING

D.1 PBGC 52.247-7000 PACKAGING AND MARKING (JAN 2012)

SECTION E INSPECTION AND ACCEPTANCE

E.1 PBGC 52.246-7000 INSPECTION AND ACCEPTANCE OF DELIVERABLES (JAN 2012)

SECTION F DELIVERIES OR PERFORMANCE

F.1 52.242-15 STOP-WORK ORDER (AUG 1989)

F.2 PBGC 52.207-7001CONTRACTOR TELEWORK (MAY 2020)

F.3 PBGC 52.237-7004 TRAINING (MAR 2016)

F.4 PBGC 52.242-7000 POSTAWARD CONFERENCE (SEP 2020)

SECTION G CONTRACT ADMINISTRATION DATA

G.1 PBGC 52.201-7000 CONTRACTING OFFICER'S REPRESENTATIVE (JAN 2012)

G.2 PBGC 52.232-7001SUBMISSION OF INVOICES (TIME AND MATERIAL AND LABOR-HOURS) (SEPT 2017)

G.3 PBGC 52.232-7002 INVOICE SUMMARIES AND CONTRACT CLOSEOUT (JAN 2006)

G.4 PBGC 52.232-7006SUBMISSION OF INVOICES/VOUCHERS - IPP (OCT 2018)

G.5 PBGC 52.237-7008 OBSERVANCE OF LEGAL HOLIDAYS (OCT 2018)

SECTION H SPECIAL CONTRACT REQUIREMENTS

H.1 PBGC 52.204-7000 RECORDS MANAGEMENT (SEP 2017)

H.2 PBGC 52.209-7001 ORGANIZATIONAL CONFLICTS OF INTEREST (AUG 2017)

H.3 PBGC 52.209-7002 HANDLING PBGC DATA (MAY 2017)

H.4 PBGC 52.215-7001 METHOD OF AWARD (OCT 2004)

H.5 PBGC 52.216-7000 PRICE/COST (FEB 2013)

H.6 PBGC 52.216-7003 CEILING PRICE (FEB 2013)

H.7 PBGC 52.231-7000 OTHER DIRECT COSTS (MAY 2012)

H.8 PBGC 52.237-7000 KEY PERSONNEL (APR 2018)

H.9 PBGC 52.237-7001 EDUCATION AND EXPERIENCE QUALIFICATIONS (DEC 2014)

H.10 PBGC 52.237-7002 FITNESS DETERMINATION (APR 2019)

H.11 PBGC 52.237-7005 INFORMATION SECURITY TRAINING (MAR 2020)

H.12 PBGC 52.237-7006 PROFESSIONAL ATTIRE (OCT 2018)

H.13 PBGC 52.237-7007 DISPLAY OF PBGC IDENTIFICATION BADGES (FEB 2013)

SECTION I CONTRACT CLAUSES

I.1 52.203-2 CERTIFICATE OF INDEPENDENT PRICE DETERMINATION (APR 1985)

I.2 52.203-3 GRATUITIES (APR 1984)

I.3 52.203-6 IRESTRICTIONS ON SUBCONTRACTOR SALES TO THE GOVERNMENT (JUN 2020)-- ALTERNATE I (NOV

2021)

I.4 52.203-11 CERTIFICATION AND DISCLOSURE REGARDING PAYMENTS TO INFLUENCE CERTAIN FEDERAL

TRANSACTIONS (SEP 2007)

I.5 52.203-12LIMITATION ON PAYMENTS TO INFLUENCE CERTAIN FEDERAL TRANSACTIONS (JUN 2020)

I.6 52.203-13CONTRACTOR CODE OF BUSINESS ETHICS AND CONDUCT (NOV 2021)

I.7 52.203-18 PROHIBITION ON CONTRACTING WITH ENTITIES THAT REQUIRE CERTAIN INTERNAL CONFIDENTIALITY

AGREEMENTS OR STATEMENTS--REPRESENTATION (JAN 2017)

PAGE 4 OF 105 16PBGC22R0007

I.8 52.204-4 PRINTED OR COPIED DOUBLE-SIDED ON POSTCONSUMER FIBER CONTENT PAPER (MAY 2011)

I.9 52.204-7 SYSTEM FOR AWARD MANAGEMENT (OCT 2018)

I.10 52.204-9 PERSONAL IDENTITY VERIFICATION OF CONTRACTOR PERSONNEL (JAN 2011)

I.11 52.204-13SYSTEM FOR AWARD MANAGEMENT MAINTENANCE (OCT 2018)

I.12 52.204-16COMMERCIAL AND GOVERNMENT ENTITY CODE REPORTING (AUG 2020)

I.13 52.204-17OWNERSHIP OR CONTROL OF OFFEROR (AUG 2020)

I.14 52.204-20PREDECESSOR OF OFFEROR (AUG 2020)

I.15 52.204-24REPRESENTATION REGARDING CERTAIN TELECOMMUNICATIONS AND VIDEO SURVEILLANCE SERVICES OR

EQUIPMENT (NOV 2021)

I.16 52.204-26COVERED TELECOMMUNICATIONS EQUIPMENT OR SERVICES--REPRESENTATION (OCT 2020)

I.17 52.209-2 PROHIBITION ON CONTRACTING WITH INVERTED DOMESTIC CORPORATIONS-REPRESENTATION (NOV

2015)

I.18 52.209-5CERTIFICATION REGARDING RESPONSIBILITY MATTERS (AUG 2020)

I.19 52.212-2EVALUATION--COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES (NOV 2021)

I.20 52.212-4CONTRACT TERMS AND CONDITIONS--COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES (NOV 2021) 52

I.21 52.212-5CONTRACT TERMS AND CONDITIONS REQUIRED TO IMPLEMENT STATUTES OR EXECUTIVE ORDERS--

COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES (JAN 2022)

I.22 52.216-1 TYPE OF CONTRACT (APR 1984)

I.23 52.216-31TIME-AND-MATERIALS/LABOR-HOUR PROPOSAL REQUIREMENTS -- COMMERCIAL ACQUISITION (NOV

2021)

I.24 52.217-8 OPTION TO EXTEND SERVICES (NOV 1999)

I.25 52.217-9 OPTION TO EXTEND THE TERM OF THE CONTRACT (MAR 2000)

I.26 52.222-22 PREVIOUS CONTRACTS AND COMPLIANCE REPORTS (FEB 1999)

I.27 52.222-54EMPLOYMENT ELIGIBILITY VERIFICATION (NOV 2021)

I.28 52.224-1 PRIVACY ACT NOTIFICATION (APR 1984)

I.29 52.225-25PROHIBITION ON CONTRACTING WITH ENTITIES ENGAGING IN CERTAIN ACTIVITIES OR TRANSACTIONS

RELATING TO IRAN--REPRESENTATION AND CERTIFICATIONS (JUN 2020)

I.30 52.232-7PAYMENTS UNDER TIME-AND-MATERIALS AND LABOR-HOUR CONTRACTS (NOV 2021)

I.31 52.232-9 LIMITATION ON WITHHOLDING OF PAYMENTS (APR 1984)

I.32 52.233-2 SERVICE OF PROTEST (SEP 2006)

I.33 52.233-3 PROTEST AFTER AWARD (AUG 1996)

I.34 52.239-1 PRIVACY OR SECURITY SAFEGUARDS (AUG 1996)

I.35 52.243-3 CHANGES--TIME-AND-MATERIALS OR LABOR-HOURS (SEP 2000)

I.36 52.244-2SUBCONTRACTS (JUN 2020)

I.37 52.246-6 INSPECTION--TIME-AND-MATERIAL AND LABOR-HOUR (MAR 2001)

I.38 52.246-25 LIMITATION OF LIABILITY--SERVICES (FEB 1997)

I.39 52.252-1 SOLICITATION PROVISIONS INCORPORATED BY REFERENCE (FEB 1998)

I.40 52.252-2 CLAUSES INCORPORATED BY REFERENCE (FEB 1998)

I.41 52.252-5AUTHORIZED DEVIATIONS IN PROVISIONS (NOV 2020)

I.42 PBGC 52.239-7000 SECTION 508 ACCESSIBILITY STANDARDS (MAR 2020)

SECTION J LIST OF ATTACHMENTS

J.1 Section J - Attachment A

J.2 Section J - Attachment B

J.3 Section J - Solicitation Attachments

SECTION K REPRESENTATIONS, CERTIFICATIONS AND OTHER STATEMENTS OF OFFERORS

K.1 52.204-19 INCORPORATION BY REFERENCE OF REPRESENTATIONS AND CERTIFICATIONS (DEC 2014)

K.2 52.209-7 INFORMATION REGARDING RESPONSIBILITY MATTERS (OCT 2018)

K.3 52.212-3OFFEROR REPRESENTATIONS AND CERTIFICATIONS--COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES

(NOV 2021)

PAGE 5 OF 105 16PBGC22R0007

SECTION L INSTRUCTIONS, CONDITIONS, AND NOTICES TO OFFERORS

L.1 Section L - Instructions to Offerors

L.2 52.212-1INSTRUCTIONS TO OFFERORS--COMMERCIAL PRODUCTS AND COMMERCIAL SERVICES (NOV 2021)

L.3 PBGC 52.215-7006 PROPOSAL REVISIONS (OCT 2004)

SECTION M EVALUATION FACTORS FOR AWARD

M.1 Section M - Evaluation Factors

M.2 52.217-5 EVALUATION OF OPTIONS (JUL 1990)

M.3 PBGC 52.215-7009 REFERENCE AND EVALUATION (OCT 2004)

PAGE 6 OF 105 16PBGC22R0007

SECTION B

SUPPLIES OR SERVICES AND PRICES/COSTS

B.1 Section B - Pricing Schedule

PAGE 7 OF 105 16PBGC22R0007

PRICING SCHEDULE

1. General Description

The Contractor shall provide the required services, as included in Section C “Performance Work Statement” of this Request for Proposal (RFP). This is a labor hour contract, which includes labor-hour (LH) CLINs and optional LH CLINs. The associated North American Industry Classification System (NAICS) code is 541611 – Administrative Management and General Management Consulting Services. The government anticipates a single award for the period of one (1) 12-month Base Year and four (4) 12-month Option Years.

2. Pricing Schedule

Base Period: January 2023 - January 2024 (12 months)

CLIN 0001 Labor Category Unit Number of Units Unit Price Total Amount ($)

0001AA Actuary Hour 1815 TBP TBP

0001AB Associate Actuary Hour 1523 TBP TBP

0001AC Assistant Actuary Hour 938 TBP TBP 0001AD Actuarial Assistant I Hour 937 TBP TBP

0001AE Actuarial Assistant II Hour 937 TBP TBP

Total, CLIN 0001, Labor Hour TBP

Optional

CLIN 0002

Labor Category Unit Number of Units Unit Price Total Amount ($)

0002AA Actuary Hour 1815 TBP TBP 0002AB Associate Actuary Hour 1523 TBP TBP 0002AC Assistant Actuary Hour 938 TBP TBP 0002AD Actuarial Assistant I Hour 937 TBP TBP 0002AE Actuarial Assistant II Hour 937 TBP TBP

Total, Optional CLIN 0002, Labor Hour TBP

Optional CLIN 0003 Total Amount Total, Optional CLIN 0003, Other Direct Costs (ODC) - (NTE**) $5,000.00 Total, Base Period, Labor Hour and ODC TBP

PAGE 8 OF 105 16PBGC22R0007

Option Period 1: January 2024 - January 2025 (12 months)

CLIN 1001 Labor Category Unit Number of Units Unit Price Total Amount ($)

1001AA Actuary Hour 1935 TBP TBP 1001AB Associate Actuary Hour 1643 TBP TBP

1001AC Assistant Actuary Hour 1058 TBP TBP 1001AD Actuarial Assistant I Hour 1057 TBP TBP

1001AE Actuarial Assistant II Hour 1057 TBP TBP Total, CLIN 1001, Labor Hour TBP

CLIN 1002

Labor Category Unit Number of Units Unit Price Total Amount ($) 1002AA Actuary Hour 1935 TBP TBP 1002AB Associate Actuary Hour 1643 TBP TBP 1002AC Assistant Actuary Hour 1058 TBP TBP 1002AD Actuarial Assistant I Hour 1057 TBP TBP 1002AE Actuarial Assistant II Hour 1057 TBP TBP

Total, Optional CLIN 1002, Labor Hour TBP

Optional CLIN 1003 Total Amount Total, Optional CLIN 1003, Other Direct Costs (ODC) - (NTE) $5,000.00 Total, Option Period 1, Labor Hour and ODC TBP

Option Period 2: January 2025 - January 2026 (12 months)

CLIN 2001 Labor Category Unit Number of Units Unit Price

Total Amount ($)

2001AA Actuary Hour 1935 TBP TBP 2001AB Associate Actuary Hour 1673 TBP TBP 2001AC Assistant Actuary Hour 1148 TBP TBP 2001AD Actuarial Assistant I Hour 1147 TBP TBP

2001AE Actuarial Assistant II Hour 1147 TBP TBP

Total, CLIN 2001, Labor Hour TBP

CLIN 2002

Labor Category Unit Number of Units Unit Price

Total Amount ($)

2002AA Actuary Hour 1935 TBP TBP 2002AB Associate Actuary Hour 1673 TBP TBP 2002AC Assistant Actuary Hour 1148 TBP TBP 2002AD Actuarial Assistant I Hour 1147 TBP TBP 2002AE Actuarial Assistant II Hour 1147 TBP TBP

Total, Optional CLIN 2002, Labor Hour TBP

Optional CLIN 2003 Total Amount Total, Optional CLIN 2003, Other Direct Costs (ODC) - (NTE) $5,000.00 Total, Option Period 2, Labor Hour and ODC TBP

PAGE 9 OF 105 16PBGC22R0007

Option Period 3: January 2026 - January 2027 (12 months)

CLIN 3001 Labor Category Unit Number of Units Unit Price

Total Amount ($)

3001AA Actuary Hour 1215 TBP TBP 3001AB Associate Actuary Hour 1073 TBP TBP 3001AC Assistant Actuary Hour 788 TBP TBP 3001AD Actuarial Assistant I Hour 787 TBP TBP 3001AE Actuarial Assistant II Hour 787 TBP TBP

Total, CLIN 3001, Labor Hour TBP

CLIN 3002

Price

Total Amount ($)

3002AA Actuary Hour 1215 TBP TBP 3002AB Associate Actuary Hour 1073 TBP TBP 3002AC Assistant Actuary Hour 788 TBP TBP 3002AD Actuarial Assistant I Hour 787 TBP TBP 3002AE Actuarial Assistant II Hour 787 TBP TBP

Total, Optional CLIN 3002, Labor Hour TBP

Optional CLIN 3003 Total Amount Total, Optional CLIN 3003, Other Direct Costs (ODC) - (NTE) $5,000.00 Total, Option Period 3, Labor Hour and ODC TBP

Option Period 4: January 2027 - January 2028 (12 months)

CLIN 4001 Labor Category Unit Number of Units Unit Price

Total Amount ($)

4001AA Actuary Hour 360 TBP TBP 4001AB Associate Actuary Hour 360 TBP TBP 4001AC Assistant Actuary Hour 360 TBP TBP 4001AD Actuarial Assistant I Hour 360 TBP TBP 4001AE Actuarial Assistant II Hour 360 TBP TBP

Total, CLIN 4001, Labor Hour TBP

CLIN 4002

Price

Total Amount ($)

4002AA Actuary Hour 360 TBP TBP

4002AB Associate Actuary Hour 360 TBP TBP 4002AC Assistant Actuary Hour 360 TBP TBP 4002AD Actuarial Assistant I Hour 360 TBP TBP 4002AE Actuarial Assistant II Hour 360 TBP TBP Total, Optional CLIN 4002, Labor Hour TBP

Optional CLIN 4003 Total Amount Total, Optional CLIN 4003, Other Direct Costs (ODC) - (NTE) $5,000.00 Total, Option Period 4, Labor Hour and ODC TBP

*TBP = To Be Proposed by Offerors **NTE = Not to Exceed

Total Amount (including the Base Period CLIN, all Option Period CLINs, and all Optional CLINs): $[TBP]

PAGE 10 OF 105 16PBGC22R0007

SECTION C

DESCRIPTION/SPECIFICATIONS/WORK STATEMENT

C.1 Section C - Performance Work Statement

PAGE 11 OF 105 16PBGC22R0007

PERFORMANCE WORK STATEMENT (PWS)

1. PROJECT TITLE: Multiemployer Special Financial Assistance (“SFA”) Actuarial Support

2. BACKGROUND:

The Pension Benefit Guaranty Corporation ("PBGC") is the wholly-owned United States government corporation and agency of the United States created under Title IV of the Employee Retirement Income Security Act of 1974 ("ERISA") to administer the federal pension insurance programs and enforce compliance with the provisions of Title IV. The Office of Negotiations and Restructuring (“ONR”) is an organization within PBGC whose mission is to preserve pension plans by monitoring the corporate events and transactions of insured defined benefit pension plan sponsors and to provide financial analysis, actuarial analysis, and negotiations support that will enable PBGC to mitigate the risk exposure to the defined benefit insurance program, the participants, and to PBGC.

The purpose of this contract is principally to provide PBGC and Negotiations and Restructuring Actuarial Department (“NRAD”) with actuarial support related to SFA applications for multiemployer plans. The goal of this solicitation is to provide NRAD with actuarial analysis and review of PBGC’s SFA applications for multiemployer plans, as called for under the American Rescue Plan Act (“ARP”), to provide program management support for implementation of standard procedures and reporting related to SFA applications, and to monitor conditions applicable to approved SFA applications.

3. SCOPE:

The Contractor shall provide actuarial services under the following Performance Areas in support of ONR and NRAD:

Performance Area 1, Review of SFA Applications including Implementation, Reporting and Monitoring (Labor Hour):

• Actuarial review of SFA applications

• Development of management reports tracking the status of SFA applications

• Monitor conditions applicable to approved SFA applications, and

Performance Area II, Optional Surge Support and Related Special Project Support for PBGC (Labor Hour):

• Optional surge support for PBGC for tasks in Part 1

• Related Special Projects.

PAGE 12 OF 105 16PBGC22R0007

4. APPLICABLE DOCUMENTS:

4.1 Actuarial Related Documents: The actuarial related documents apply to this PWS and the actuarial work. The Contractor shall follow these publications listed, to the extent necessary to perform the work described in the PWS.

TABLE 1 – ACTUARIAL RELATED DOCUMENTS

Applicability Publication Title Where to Obtain

M ERISA §4262 Special Financial Assistance by PBGC https://www.congress.gov/117/bills/hr1319/BILLS- 117hr1319enr.pdf

M 26 CFR Part

Special Financial Assistance by PBGC eCFR :: 29 CFR Part 4262 -- Special Financial Assistance by PBGC https://www.ecfr.gov/current/title-29/subtitle-B/chapter- XL/subchapter-J/part-4262

M=Mandatory, I=Informational

4.2 Information Security Related Documents: Information Security and 508 Compliance related documents that apply to this requirement are listed below in Table 2. The contractor must be guided by these documents to the extent necessary to perform this requirement.

TABLE 2 – APPLICABLE DOCUMENTS

Publication No

Title Where to Obtain

NIST SP

800-53

Security and Privacy Controls for Federal Information, Systems and Organizations https://nvlpubs.nist.gov/nistpubs/SpecialPublications/NIST.SP.800-53r5.pdf

NIST SP

80053A

Security Assessment and Authorization Policies and Procedures https://nvlpubs.nist.gov/nistpubs/SpecialPublications/NIST.SP.800-53Ar5.pdf

FIPS 199 FIPS Publication 199, Standards for Security Categorization of Federal Information and Information Systems https://nvlpubs.nist.gov/nistpubs/fips/nist.fips.199.pdf

PBGC

Directive

GA 10-12,

IM 0502,

IM 05-09,

IM 10-3

PBGC IT Security and Privacy Policies and Procedures

PBGC Directives Referenced in PBGC Procurements | Pension Benefit Guaranty Corporation https://www.pbgc.gov/about/procurement/procurement-management-directives

36 CFR Part 1194.24(d)

Information and Support https://www.govinfo.gov/app/details/CFR-2021-title36-vol3/CFR-2021-title36-vol3-part1194-appD

PAGE 13 OF 105 16PBGC22R0007

5. SPECIFIC TASKS:

Performance Area I

5.1 Special Financial Assistance (SFA) implementation, reporting, and monitoring

Assist NRAD in the review and revisions of standard procedures to address request from the plan for approval of SFA.

Review and update reports to track status of active cases, completed and in progress with respect to SFA.

Review and revise the standard report as needed for presentation and certification of results of each SAF Application review.

Hold training sessions as needed for PBGC staff on SFA application review.

Review financial and actuarial determinations post approval of SFA with respect to transactions such as mergers, transfers, and withdrawal liability settlements.

Monitor plans that receive SFA for compliance with conditions.

NOTE: For planning purposes, it is estimated that tasks in sub-section 2.5.1 will comprise approximately 30% of CLIN 1.

5.2 Special Financial Assistance (SFA) application reviews

Review the application information, including organization of the information in NRAD’s systems, for completeness.

Review certification of plan status, actuarial valuation reports and other actuarial reports provided in the application.

Review cash flow projections and actuarial calculations included in application.

Review assumptions and supporting documentation as they relate to the cash flow projections and other actuarial calculations included in application.

Identify any proposed change in actuarial assumptions from the pre-2021 zone status certification. If changes are proposed, review information submitted in support of conclusion that the existing assumption is no longer reasonable and that the proposed assumption is reasonable.

Review calculation of the amount of SFA.

Prepare summary of financial and actuarial information included in application for SFA.

Review actuarial assumptions, plan provisions, projected benefits, contribution projections, investment rate of return, repayment of suspended benefits (if any), new entrant assumption, and historical data for accuracy and completeness.

As requested, review census data and produce projected benefits reflecting plan provisions.

Prepare report to present findings and formal actuarial certifications of the results of the SFA Applications review.

NOTE: For planning purposes, it is estimated that tasks in sub-section 2.5.2 will comprise approximately 70% of the CLIN 1.

PAGE 14 OF 105 16PBGC22R0007

Performance Area II

5.3 Surge Support: The Contracting Officer may unilaterally execute all or a portion of this optional task area by formal modification of the contract. The Contractor shall not perform work under this section without a formal modification to the contract executed by the Contracting Officer.

o Overflow Work: The Contractor shall provide the services described above under Performance Area 1, in sub-section 5.1 Special Financial Assistance (SFA) implementation, reporting, and monitoring, and sub-section 5.2 Special Financial Assistance (SFA) application reviews, when surge support is required to cope with periods of unanticipated workload increase and/or to provide for additional skill sets or additional hours of service to support increased mission requirements of sub-sections 5.1 and 5.2.

o Related Special Projects: Special projects represent a small portion of surge support, but are not limited to the following:

- Litigation Support: In some instances, litigation support (testimony, depositions, etc.) defending the Contractor's work or concerning other actuarial issues may be required by the PBGC.

- Analysis of legislation proposals: The Contractor shall provide support as needed for purposes of analyzing the impact of proposed laws impacting either single employer or multiemployer pension plans.

- Other Assistance as Needed: This may include but is not limited to, training on pension laws and regulations that undergo changes impacting work, analysis of the appropriateness of actuarial assumptions, and additional work to support PBGC's financial statements.

NOTE: The tasks in 5.3 (CLIN 2) are optional. For planning purposes, if CLIN 2 is executed, it is estimated that tasks in sub-section 5.3 for Overflow Work will be distributed the same as they are distributed for CLIN 1.

6. PERFORMANCE STANDARDS:

6.1 Performance standards are contained in the Performance Requirement Summary Table

(PRS) in the Quality Assurance Surveillance Plan (QASP), Attachment B under Section J of this Request for Proposals (RFP). Absence of any contract requirement from the PRS does not detract from its enforceability nor limit the rights or remedies of the government under any other provision of the contract.

6.2 The Contractor shall adhere to the following performance standards on all deliverables:

Accuracy - Deliverables shall be accurate in presentation, technical content, and adherence to generally accepted elements of style. For all formal actuarial deliverables, as specified by the PBGC, the Contractor shall provide certification as to the accuracy and completeness of

PAGE 15 OF 105 16PBGC22R0007

the work performed. This certification must be in a format approved by the PBGC.

Generally, certification shall be in the form of a signature by the Contractor's reviewing actuary and shall include acknowledgement of qualification under the U.S. Qualification Standards promulgated by the American Academy of Actuaries.

• The actuarial services contractor shall abide by the Code of Professional Conduct of the American Academy of Actuaries, effective January 1, 2001, and as amended by its Board of Directors.

• The actuarial services contractor shall also abide by all relevant Actuarial Standards of

Practice (ASOPs), particularly ASOP 17 and ASOP 41 that address conflicts of interest.

Clarity - Deliverables shall be clear and concise. All Charts and Tables shall be clearly labeled, easy to understand and relevant to the supporting narrative.

Consistency to Requirements - All work products and deliverables must satisfy the requirements of the PWS.

Fitness for Intended Purpose - Deliverables shall be fit for PBGC’s intended purpose under the PWS.

Editable - All text, chart, and table files shall be editable by PBGC.

Format - Deliverables shall be submitted in the media format defined in the PWS.

Timeliness - Deliverables shall be submitted on or before the due date specified per the PWS.

7. DELIVERABLES AND DELIVERY SCHEDULE:

7.1 Deliverables

All deliverables must be developed with PBGC software or software otherwise compatible with the PBGC IT environment and as approved by the COR. No deliverables shall rely on any proprietary software or require PBGC to utilize any proprietary software in order to access, modify, upgrade or maintain any deliverable. The PBGC will own any spreadsheets used and/or created for processing cases under this contract. The PBGC requires the Contractor to document all processes in writing as well as to provide training on processes to PBGC personnel when deemed necessary by the COR.

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TABLE 3 – DELIVERABLES AND DELIVERY SCHEDULE

Task Deliverable Name

Description Quantity

Performance Area I - 5.1 Special Financial Assistance (SFA) implementation, reporting, and monitoring

5.1

Case Project Tracker

Contractor shall assist NRAD actuaries to track case activity and report to management and other stakeholders. This shall include:

• Development and support of and weekly production of a summary of the SFA cases in

NRAD's inventory based on input from each of the multiemployer' actuaries.

Weekly production

Training

Contractor shall conduct training for NRAD actuaries on actuarial issues related to the review of multiemployer cases. Electronic documents or presentations shall be used with virtual options for remote participants.

One every calendar quarter

Development and Documentation of Standard Review

Contractor shall review and update written documentation of standard review procedures for the actuarial review of SFA application cases based on interviews with NRAD actuaries. Contractor shall assist in the development of standard spreadsheet tools to perform and document the standard review procedures. Contractor shall also assist in the documentation of the standards of actuarial review appropriate to adjudication of SFA applications and development of model reports documenting the analysis and conclusions reached on such cases.

Within 6 months of contract start date for standard procedures and tools (in Word or Excel format).

Procedures Continued and Model refinement of model

Reports

Performance Area I - 5.2 Special Financial Assistance (SFA) application reviews

5.2

Monthly Status

Report

The Contractor shall participate in a monthly meeting the 5th business day or mutually agreed date to discuss progress on contract. During the monthly meeting between the Contractor Key Employee(s), NRAD Project Manager (PM) and the COR, the Contractor shall provide the PBGC with a monthly status report

Monthly on the 5th P P Business Day of the Month

Case Project Plan

Contractor shall develop a project plan/timeline for each SFA application review case assigned to contractor.

10-20 per quarter

Data Review

Contractor shall review data and provide a detailed list of all information not provided in the application and needed to complete the actuarial review of the cases assigned to contractor.

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TABLE 3 – DELIVERABLES AND DELIVERY SCHEDULE - continued

Task Deliverable Name

Description Quantity

Actuarial Review and Summary of Results

Contractor shall complete the actuarial review of SFA applications assigned by NRAD to include:

▪ Review of actuarial assumptions, plan provisions, projected benefits, contribution projections, investment rate of return, repayment of suspended benefits (if any), new entrant assumption, and historical data for accuracy and completeness.

▪ Review of census data and projection of benefits reflecting plan provisions, as requested.

▪ Preparation of report to present findings

▪ Actuarial certification of the results of the SFA application review

Performance Area II – 5.3 Surge Support

5.3

Special Projects

Electronic materials prepared as requested.

TBD (optional labor hour)

* All work shall be reviewed by the COR or COR’s designated representative. NRAD actuaries shall make all final approvals of actuarial calculations and final decisions on actuarial policy.

7.2 Deliverables Review Period:

All deliverable items shall be furnished to the COR (or the COR's designated representative) as outlined at the time of the initial request. For deliverables subject to statutory deadlines, due dates for deliverables will be set by PBGC to allow for sufficient PBGC review and compliance with the statutory deadlines. For all other deliverables, the Government will have up to 10 business days to review and accept each deliverable. All deliverables are subject to PBGC approval and acceptance. Delivery does not constitute acceptance of deliverables. Deliverables will undergo a final review and inspection by the COR (or the COR's designated representative) prior to acceptance by PBGC. Work may be returned for corrections or reperformance if determined to be deficient by the COR (or the COR's designated representative). Final acceptance of all reports and deliverable items specified herein shall be made by the COR (or the COR's designated representative) in writing to the Contractor.

NOTE: All stated days for product delivery and government review, unless denoted otherwise, are stated in business days.

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8. REPORTING REQUIREMENTS:

8.1 Monthly Progress Meeting and Monthly Status Report:

The Contractor shall participate in a monthly meeting the 5th business day or mutually agreed to date to discuss progress on contract. During the monthly meeting between the Contractor Key Personnel, NRAD PM and the COR, the Contractor shall provide the PBGC with a monthly status report that at a minimum includes:

8.1.1 Description of work completed on all assessment activities (Milestones)

8.1.2 Work expected to be accomplished within the next 30-days

8.1.3 Any challenges anticipated (Risk)

8.1.4 A spend plan, also known as a burn plan, shall be included to document cost estimates, actual costs, and the overall funding status, and shall include:

- Breakdown of labor hours spent per labor category

- Breakdown of labor hours spent per Task

- Estimated vs. Actual costs.

- Overall funding status (funds left on contract).

9 KEY PERSONNEL:

9.1 The Contractor’s team of Key Personnel shall include at least two (2) Enrolled

Actuaries (EA), of whom at least one (1) is also a Fellow of the Society of Actuaries (FSA) or an Associate of the Society of Actuaries (ASA) (holding one or more of the professional designations EA, ASA, or FSA makes an actuary a “credentialed actuary”).

The Contractor shall maintain a minimum of two (2) credentialed actuaries designed as “Key Personnel.”

9.2 Key Personnel shall not have conflicts of interest with the PBGC, nor work with other clients whose interests are averse to those of the PBGC. The Contractor, including the Key Personnel, shall not testify against the PBGC in any circumstance through the duration of the contract.

9.3 Key Personnel must have direct experience with actuarial valuations of defined benefit plans, including the minimum experience since obtaining their credentials. See Attachment A under Section J for Personnel Minimum Qualifications.

9.4 Key Personnel shall meet the criteria for the Actuary labor category. All personnel who meet the Actuary labor category are not required to be Key Personnel.

9.5 Key Personnel shall hold monthly meetings with the NRAD PM, COR, and other NRAD representatives, as discussed in Section 8.1 above.

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10 TRAVEL:

Should the Contractor need to travel for litigation support on behalf of the PBGC, he/she shall develop and submit a summary of each trip to the COR. The Contractor shall submit the trip expense report to the COR for approval within seven (7) workdays after completion of each travel requirement.

All Contractor travel and the costs for such travel must be approved in advance by the COR.

The cost associated with travel shall be in accordance with the Federal Travel Regulation (FTR) in effect at the time the travel is authorized by PBGC.

11 PLACE OF PERFORMANCE:

The place of performance shall be at the Contractor’s place of employment. Infrequently, the Contractor may be requested to visit PBGC Headquarters at the address below:

445 12th Street, SW Washington, DC 20024-2101

12 PERIOD OF PERFORMANCE:

The period of performance shall be for one (1) 12-month base period and four (4) 12-month option periods.

13 CONTRACT TYPE:

This is a Labor Hour Contract.

14 QUALITY ASSURANCE:

The Government will evaluate the contractor’s performance on this contract. See Attachment B under Section J for Government’s Quality Assurance Surveillance Plan (QASP).

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SECTION D

PACKAGING AND MARKING

D.1 PBGC 52.247-7000 PACKAGING AND MARKING (JAN 2012)

The Contractor is responsible for the cost of all packing, packaging and mailing in accordance with the best commercial practices. All information submitted to the Contracting Officer or the COR must be clearly marked with the company name, the PBGC contract number, and identification of the item.

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SECTION E

INSPECTION AND ACCEPTANCE

E.1 PBGC 52.246-7000 INSPECTION AND ACCEPTANCE OF DELIVERABLES (JAN 2012)

All deliverable items are to be furnished to the Contracting Officer's Representative (COR) or to PBGC personnel designated by the COR to receive a specific deliverable.

PBGC's receipt of a deliverable does not constitute acceptance by the Government. Final acceptance of any reports or other deliverable items required under this contract will be made in writing and may only be made by the COR or Contracting Officer.

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SECTION F

DELIVERIES OR PERFORMANCE

F.1 52.242-15 STOP-WORK ORDER (AUG 1989)

(a) The Contracting Officer may, at any time, by written order to the Contractor, require the Contractor to stop all, or any part, of the work called for by this contract for a period of 90 days after the order is delivered to the Contractor, and for any further period to which the parties may agree. The order shall be specifically identified as a stop-work order issued under this clause. Upon receipt of the order, the Contractor shall immediately comply with its terms and take all reasonable steps to minimize the incurrence of costs allocable to the work covered by the order during the period of work stoppage. Within a period of 90 days after a stop-work is delivered to the Contractor, or within any extension of that period to which the parties shall have agreed, the Contracting Officer shall either--

(1) Cancel the stop-work order; or

(2) Terminate the work covered by the order as provided in the Default, or the Termination for Convenience of the Government, clause of this contract.

(b) If a stop-work order issued under this clause is canceled or the period of the order or any extension thereof expires, the Contractor shall resume work. The Contracting Officer shall make an equitable adjustment in the delivery schedule or contract price, or both, and the contract shall be modified, in writing, accordingly, if--

(1) The stop-work order results in an increase in the time required for, or in the Contractor`s cost properly allocable to, the performance of any part of this contract; and

(2) The Contractor asserts its right to the adjustment within 30 days after the end of the period of work stoppage; provided, that, if the Contracting Officer decides the facts justify the action, the Contracting Officer may receive and act upon the claim submitted at any time before final payment under this contract.

(c) If a stop-work order is not canceled and the work covered by the order is terminated for the convenience of the Government, the Contracting Officer shall allow reasonable costs resulting from the stop-work order in arriving at the termination settlement.

(d) If a stop-work order is not canceled and the work covered by the order is terminated for default, the Contracting Officer shall allow, by equitable adjustment or otherwise, reasonable costs resulting from the stop-work order.

(End of Clause)

F.2 PBGC 52.207-7001 CONTRACTOR TELEWORK (MAY 2020)

(a) PBGC contracts may allow for telework, if the type of work and scope of the contract allow the work to be portable, subject to the following requirements and with written approval of the COR:

(b) The Contractor shall have a written telework policy in place to ensure uninterrupted performance of work under this contract, which shall be provided to PBGC upon request. See PBGC telework guidance [https://www.pbgc.gov/sites/default/files/contractor-telework-guidance.pdf]

(c) The Contractor shall ensure that work is suitable to be performed at the alternate location, and performance can be tracked and invoiced in accordance with the terms and conditions of the contract.

If the Contractor anticipates that contract performance may be affected by permitting telework, such matters must be addressed with the Contracting Officer.

(d) If applicable, the Contractor shall ensure that Confidential Unclassified Information (CUI) or Personally Identifiable Information (PII) are adequately protected in compliance with PBGC's Privacy and Security policies, including applicable contract clauses. Work not performed on PBGC premises shall be performed on the PBGC network to ensure that PBGC data will not be exposed to unauthorized alteration, destruction, or compromise.

(e) Contractor telework performed pursuant to this clause may be revoked without notice. The cost of the contract and work performed will be entirely unaffected by the Contractor personnel teleworking.

In no way does this clause materially alter the performance obligations under the contract, including deliverable schedules and minimum service and support obligations.

F.3 PBGC 52.237-7004 TRAINING (MAR 2016)

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(a) All costs associated with any training required to make a contractor employee qualified to perform tasks under this contract shall be borne by the contractor.

(b) The contractor may be reimbursed for the costs paid for obtaining training on Pension Benefit Guaranty Corporation (PBGC)-specific applications, policies, or procedures. When requesting such training, the contractor shall present a written justification to the Contracting Officer's Representative (COR) which clearly describes the training required, its direct benefits to PBGC, the impact if the training is not obtained, and the total cost of the training including:

(1) Salary or wages of contractor employees to be trained;

(2) Travel and accommodations in accordance with the Federal Travel Regulation;

(3) Tuition and fees when the training is provided by an institution not operated by PBGC or the contractor; and

(4) Training materials and textbooks.

(c) The Contracting Officer (CO) is the designated authority to approve or disapprove training requests and associated training costs. The CO must approve such training requests and costs before the training session begins. Invoices for the costs of approved training must be submitted to the COR, accompanied by valid receipts or other documentation providing proof of payment by the

F.4 PBGC 52.242-7000 POSTAWARD CONFERENCE (SEP 2020)

(a) After contract award, the Contracting Officer (CO), supported by the Contracting Officer#s Representative (COR), will conduct a postaward conference for appropriate contractor and Pension Benefit Guaranty Corporation (PBGC) personnel. The COR and other PBGC personnel, as appropriate, will remain available to the contractor on an ongoing basis for consultation and guidance, as needed, during the period of performance of the contract.

(b) During the postaward conference, the CO or COR will provide instructions regarding PBGC#s procedures for on-boarding for contractor employees, including the mandatory information security training which must be completed before access to PBGC information or information systems will be permitted. The CO or COR will also address PBGC policies, procedures, and processes, and furnish information on locating electronic copies of any PBGC directives, policies, or procedures required by the contractor. The CO or COR will provide instructions regarding the separation of contractor personnel at the end of contract performance and will explain the responsibilities of the contractor employees in disposing of all PBGC information and materials associated with contract performance.

(c) The postaward conference will be held at 1200 K Street, NW, Washington, DC (PBGC Headquarters) and will be conducted within seven business days following contract award. The contractor will be informed of the date, time, and room number where the conference will be conducted. At the discretion of the CO, the conference may be conducted by telephone or by virtual technology.

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SECTION G

CONTRACT ADMINISTRATION DATA

G.1 PBGC 52.201-7000 CONTRACTING OFFICER'S REPRESENTATIVE (JAN 2012)

The Contracting Officer's Representative (COR) is TBD , who may be reached at TBD . The COR is authorized to assist in monitoring the work under this contract. The COR is responsible for the technical administration of the contract and technical liaison with the contractor.

The COR IS NOT authorized to change the scope of work or specifications as stated in the contract, to make any commitments or otherwise obligate the Government or authorize any changes which affect the contract price, delivery schedule, period of performance or other terms or conditions.

The Contracting Officer is the only individual who can legally commit or obligate the Government for the expenditure of public funds. The technical administration of this contract shall not be construed to authorize the revision of the terms and conditions of this contract. Any such revision shall be authorized in writing by the Contracting Officer.

The COR is authorized to review and recommend approval of:

(a) Technical matters not involving a change in scope, price, terms and conditions of the contract

(b) Progress reports

(c) Inspection and acceptance of services and deliverable products and

(d) Invoices.

The COR is not authorized to sign any contractual instruments or to direct any action that results in a change in the scope, price, terms or condition of the contract.

G.2 PBGC 52.232-7001 SUBMISSION OF INVOICES (TIME AND MATERIAL AND LABOR-HOURS) (SEPT 2017)

(a) A monthly invoice shall be submitted on SF1034 and SF1035 for work performed hereunder by e-mail to: InvoiceManager.InvoiceManager@pbgc.gov. All inquiries concerning payment should be directed to the General Accounting Branch at (202) 326-4062 #0 or by e-mail to:

InvoiceManager.InvoiceManager@pbgc.gov.

(b) To constitute a proper invoice, the invoice must include the information listed below.

(1) Name and address of the contractor.

(2) Invoice date and number.

(3) Contract number, line item number, and, if applicable, the order number.

(4) Description, quantity, unit of measure, unit price, and extended price of services performed and any supplies delivered, including:

(i) The labor hours by labor category billed, the hourly rate for each labor category billed, and the total dollars billed by labor category for the billing period (meal periods and other labor-hours not directly supporting the contract are not billable), and

(ii) The cumulative hours expended and dollars billed from contract inception through the current billing period.

(5) Dollar amount withheld, unless the contract is for commercial items awarded under FAR Part 8 or Part 12. Five percent of the total direct labor billed must be withheld after $1,000,000 has been billed to the contract, up to a ceiling amount of $50,000, unless other terms have been negotiated.

If other terms have been negotiated, they must be included in the contract.

(6) Terms of any discount for prompt payment offered.

(7) Name, title, phone number, e-mail address, and mailing address of official to whom payment is to be sent.

(8) Name, title, phone number, e-mail address, and mailing address of official to be contacted in the event of an improper invoice.

(9) Taxpayer Identification Number (TIN), only if required to be on the invoice elsewhere in the contract.

(10) Electronic Funds Transfer (EFT) banking information.

(i) Only if required to be on the invoice elsewhere in the contract.

(ii) If not required to be on the invoice, in order for the invoice to be a proper invoice, the contractor shall have submitted correct EFT banking information in accordance with the applicable solicitation provision/contract clause (e.g., 52.232-33, Payment by Electronic Funds Transfer - System for Award Management, or 52.232-34, Payment by Electronic Funds Transfer - Other Than System for Award Management).

(iii) Not required if the Government waived payment by EFT.

(c) Substantiating documentation to be submitted with the invoice must include the items listed below.

(1) Copies of time sheets indicating start and stop times of the personnel performing services under this contract (at PBGC's request, the contractor shall make available copies of any of the materials relevant to substantiating the hours billed).

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(2) Copies of receipts or bills, and proof of payment for any authorized other direct costs for which the contractor is requesting reimbursement.

G.3 PBGC 52.232-7002 INVOICE SUMMARIES AND CONTRACT CLOSEOUT (JAN 2006)

The contractor shall prepare and submit an annual summary of all amounts billed under this contract for year of the period of performance. The summary will contain the following information: labor costs billed by contractual labor category (including rates and hours) by task order if this is a task order contract and other direct costs billed by cost element (e.g., travel, photocopying, subcontractors, temporary labor) and by task order if this is a task order contract. In addition, the summary will include a complete listing of invoices submitted under the contract detailing the amount billed by invoice, invoice date and number, and the task order number (if applicable.) This information must be submitted to the Contracting Officer within 90 days after the completion of each government fiscal year. Submission of an adequate billing summary is one of the considerations for releasing funds withheld under the contract pursuant to FAR 52.232-7, Payments under Time-and- Material or Labor-Hour Contracts.

Also, as part of the contract closeout process, contractors will be required to complete a "Contractor's Release of Claims," a "Contractor's Assignment of Refunds, Rebates, or Credits," and perform other closeout tasks required by the Contracting Officer. As the amounts billed by the contractor are subject to audit, the contractor shall maintain documentation supporting the amounts billed in accordance with FAR 4.7. Amounts previously paid to the contractor may be adjusted by the Contracting Officer for under or overpayment or adjusted based on the results of the interim or contract closeout audits.

G.4 PBGC 52.232-7006 SUBMISSION OF INVOICES/VOUCHERS - IPP (OCT 2018)

(a) The contractor shall prepare and submit invoice summary pages for supplies and/or services provided under this contract using the Government's Invoice Processing Platform (IPP) Web-based service application. The IPP application is available at https://ipp.gov. This web site includes IPP instructions and training materials. Questions about the IPP application should be directed to the IPP Customer Support team at the e-mail address or phone number shown on the "Contact Us" page of the IPP web site.

(b) Individuals in the contractor's organization requiring a logon to access the company's IPP account, should contract their company's Collector Administrator. In the event the contractor does not have an IPP account and has not received IPP registration instructions from the IPP Help Desk (STLS.IPPHELPDESKI@stls.frb.org), the Pension Benefit Guaranty Corporation (PBGC) General Accounting Branch (GAB) should be contacted by e-mail at invoicemanager@pbgc.gov or phone at (202) 326-4062.

(c) A proper invoice/voucher and appropriate supporting documentation is required in addition to the IPP generated invoice summary page. Such invoices/vouchers and supporting documentation must be scanned and e-mailed to the Pension Benefit Guaranty Corporation (PBGC) at invoicemanager@pbgc.gov and to the Contracting Officer's Representative (COR) for this contract. Questions concerning the supporting documentation requirements for this contract should be directed to the COR.