FRTIB1-24-RFI-0002-Request For Information-Participant Surveys.12.7.23.pdf

CUI//SP‐PROCURE

A.05 v2.00 2020.02.05

Sources Sought Synopsis Participant Surveys

The Federal Retirement Thrift Investment Board (FRTIB) is issuing this sources sought synopsis as a means of conducting market research to identify parties that have an interest and the resources to support this future requirement for Participant Survey Services (Thrift Saving Plan). The result of this market research will contribute to determining the method of procurement. The applicable North American Industry Classification System (NAICS) code assigned to this procurement is 541910.

FRTIB intends to issue a solicitation in the future. This request for capability information does not constitute a request for proposals; submission of any information in response to this market survey is purely voluntary; the government assumes no financial responsibility for any costs incurred.

A. If your organization has the potential capacity to perform these services, please provide the following information:

1) Company Information

a. Organization name & address

b. Email/website address/telephone number

c. Size and type of ownership for the organization

2) Company Capabilities

a. Statements addressing the particulars of this effort (tailored)

b. Organizational and staffing capability

c. Past projects similar/like this requirement

d. Does your organization have the capability to plan and administer surveys to very large populations (i.e., survey populations of at least one million plus spread over several key demographics)?

e. Does your organization have the capability to use and access the appropriate technical infrastructure and processes to develop, process and mail survey instruments?

f. Does your organization have the capability to adequately collect and analyze response data to make statistically significant inferences about the surveyed population?

g. Does your organization possess expertise in the Defined Contribution Retirement Plan industry?

h. Please explain your organization’s capability to draw meaningful conclusions from survey results, particularly related to broader Defined Contribution Plan benchmarks.

3) Subcontracting or teaming arrangements (significant)

- Organizations should address the administrative and management structure of such arrangements if this is anticipated to deliver technical capability.

4) Statement of Work/Performance Work Statement

a. A draft copy of the Statement of Work is provided for feedback/comments.

b. What suggestions or changes would you recommend?

c. What areas do you see as performance-based vs non-performance based?

d. Identify any overly restrictive areas.

e. Does the SOW clearly state the requirements? If so, please elaborate. If not, please elaborate.

5) Contract Line-Item Numbers (CLINS)- Structure

The anticipated line-item structure is below, does this structure facilitate your ability to adequately price the work. Please provide any recommendations.

6) Selection Process

The basis for award will be a best value, trade-off approach using a two-phase down selection. Please provide any comments regarding this selection process.

B. The government will evaluate market information to ascertain potential market capacity to:

1) Provide services consistent in scope and scale with those described in this notice (see

Appendix 1 below) and otherwise anticipated;

2) Secure and apply the full range of corporate financial, human capital, and technical resources required to successfully perform similar requirements;

3) Implement a successful project management plan that includes: compliance with program schedules; cost containment; meeting and tracking performance; hiring and retention of key personnel and risk mitigation; and

4) Provide services under a performance-based service acquisition contract.

C. Based on the responses to this sources sought notice/market research, this requirement may be procured through any method the Agency deems appropriate, including full and open competition.

D. Telephone inquiries will not be accepted or acknowledged, and no feedback or evaluations will be provided to companies regarding their submissions.

ITEM NO. SERVICES QTY UNIT

0001 Annual Participant Survey 1 YR 0002 Financial Wellness Survey

Optional CLIN-

0003 Other- Ad Hoc- Surveys

0004 Postage (CDRL)

E. Submission Instructions: Interested parties who consider themselves qualified to perform the above-listed services are invited to submit a response to this Sources Sought Notice by December 29, 2023, 12 noon/eastern to: Lashondria.barber@frtib.gov and joseph.russo@frtib.gov.

Submission of Relevant Questions: NLT December 15, 2023/12 noon, Eastern

Attachment: Statement of Work (DRAFT)