PBGC_RFP_16PBGC25R0050_Attachment_2_-_Pricing_Schedule.xlsx
XLSX spreadsheet 42 KB Posted
- Attached to
- PBGC Custodian Banking Services Federal contract opportunity
- Solicitation number
- 16PBGC25R0050
- Issued by
- Pension Benefit Guaranty Corporation
About this file
This is a pricing template spreadsheet for PBGC's Custodian Banking Services solicitation (16PBGC25R0050) that requires offerors to provide detailed pricing for various custody and investment services across a base period, nine option periods, and a potential 6-month extension. The template includes pricing tables for menu-based services such as custodial account fees, asset-based country fees, custody fees, transaction fees, income collection, wire transfers, reporting, foreign exchange, transition costs, bank loan servicing, derivatives pricing, and STIF fees.
The pricing schedule covers extensive international holdings across 46 countries and includes detailed transaction assumptions for global trades. Additional pricing components include on-site consultant fees and other services like escrow accounts, transition management, investment management for various funds (including Russell 3000, REIT Index, MSCI ACWI), and securities lending services. The template provides specific volume assumptions for each service category and requires offerors to input unit prices and calculate annual costs, with particular detail given to securities lending revenue projections based on a $40 billion portfolio distributed across various asset classes.
View the file
Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| Sol_16PBGC25R0050.pdf | ||
| PBGC_RFP_16PBGC25R0050_Attachment_1_-_Statement_of_Work.pdf | ||
| PBGC_RFP_16PBGC25R0050_Attachment_7_-_List_of_Exhibits.xlsx | XLSX spreadsheet | |
| PBGC_RFP_16PBGC25R0050_Attachment_3_-_Phase_I_Mandatory_Requirements_Questionnaire.pdf | ||
| PBGC_RFP_16PBGC25R0050_Attachment_6_-_Phase_II_Securities___Lending_Questionnaire.pdf | ||
| PBGC_RFP_16PBGC25R0050_-_Exhibits.zip | ZIP file | |
| PBGC_RFP_16PBGC25R0050_Attachment_4_-_Phase_II_Procedures__Processes__and_Policies_Verification.pdf | ||
| PBGC_RFP_16PBGC25R0050_Attachment_5_-_Phase_II_Performance_Analytics_Questionnaire.pdf | ||
| PBGC_RFP_16PBGC25R0050_Attachment_9_-_QandA_Template.xlsx | XLSX spreadsheet |
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Price Summary
| Base/Option Period | Base/Option Period Total Price | |
| Base Period | The Offeror must provide this table for the base and option years. | |
| Option Period 1 | ||
| Option Period 2 | ||
| Option Period 3 | ||
| Option Period 4 | ||
| Option Period 5 | ||
| Option Period 6 | ||
| Option Period 7 | ||
| Option Period 8 | ||
| Option Period 9 | ||
| 6 Months Extension (Optional) via FAR 52.217-8 | ||
| Contract Total Price (Base and All Option Periods) | $ - 0 |
Menu Based Service Fees
| Base Period | |||
| Category | Assumption | ||
| Price | Annual Price | ||
| 1. Custodial Account Fee (Section 3.1.4) | |||
| Active | 570 | $0 | |
| Passive | 120 | $0 | |
| Standard Transition | 90 | $0 | |
| Commingled | 50 | $0 | The Offeror must provide this table for the base and option years. |
| 2. Asset-Based Fee per Country (in basis points) | |||
| International Holdings | Carried from International Holdings Sheet | $0 | |
| 3. Custody Fees (Annualized) (Section 3.1.6 / 3.1.7) | 25,000 | $0 | |
| 4. Transaction Fees per country (International trades per Global Trades Tab (U.S. transactions below) | |||
| Depository Trust Corp - Purchases/Sales | 60,000 | $0 | |
| Federal Reserve Bank - Purchases/Sales | 20,000 | $0 | |
| Other (Physical Delivery/receipt, asset transfers etc.) | 5 | $0 | |
| Futures Transactions | 12,000 | $0 | |
| Options Roundtrip | 1,100 | $0 | |
| Paydowns (GNMA,FNMA,FHLMC, etc.) | 30,000 | $0 | |
| Asset Transfers | 200,000 | $0 | |
| Other (Swaps) | 2,000 | $0 | |
| Global Trades | Carried from Global Trades Sheet | $0 | |
| 5. Income Collection (Section 3.1.5) | |||
| Dividends | 60,000 | $0 | |
| Interest Depository Trust Corp Securities | 3,000 | $0 | |
| Interest Federal Reserve Bank Securities | 3,000 | $0 | |
| Other (Section 3.1.5(c)) | 200 | $0 | |
| 6. Wire Transfer Fees (Section 9.4 / 9.5 / 9.6) | |||
| To Others | 9,000 | $0 | |
| From Others | 8,000 | $0 | |
| 7. Report Fees (5.2.1.14, 9.0, 12.0) | $243,000 | $0 | |
| 8. Foreign Exchange Transaction Fees (3.1.17) | 17,000 | $0 | |
| 9. Transition Cost | |||
| Transfer securities to Custodian Bank (3.3.9 / 3.3.10) | 60,000 | $0 | |
| Conversion of Depository Trust Corp Securities | 57,000 | $0 | |
| Conversion of Federal Reserve Bank Securities | 3,000 | $0 | |
| Other convesion costs (e.g. Non-US Conversions, etc.) | 200 | $0 | |
| 10. Servicing of Bank Loan (3.1.18) | |||
| Minimum monthly charge for 1-10 loans across the entire PBGC Account | 10 | $0 | |
| Minimum monthly charge for 11-20 loans across the entire PBGC Account | 10 | $0 | |
| Minimum monthly charge for 21-35 loans across the entire PBGC Account | 15 | $0 | |
| Minimum monthly charge for 36-50 loans across the entire PBGC Account | 15 | $0 | |
| Monthly per loan charge there after 50 loans across the entire PBGC account | 185 | $0 | |
| 11. Pricing of OTC and Centrally Cleared Derivatives (3.1.15) | 4,000 | $0 | |
| 12. STIF Fee (5.2.1.17) | $2,500,000,000 | $0 | |
| 13. Educational Conferences (10.0) | 12 | $0 | |
| 14. Check Processing Services (3.1.8) | 260 | $0 | |
| Total Menu Based Services Base Period (0001) | $0 |
On-Site Consultant
| Base/Option Period | Unit | Unit Price | Annual Price |
| Base Period | Per Month | $0 | |
| Option Period 1 | Per Month | $0 | |
| Option Period 2 | Per Month | $0 | |
| Option Period 3 | Per Month | $0 | |
| Option Period 4 | Per Month | $0 | |
| Option Period 5 | Per Month | $0 | |
| Option Period 6 | Per Month | $0 | |
| Option Period 7 | Per Month | $0 | |
| Option Period 8 | Per Month | $0 | |
| Option Period 9 | Per Month | $0 | |
| 6 Months Extension (Optional) via FAR 52.217-8 | Per Month | $0 | |
| Offerors Fill in Green with Monthly Price |
Other Services Pricing
| Other Service Pricing Category | Assumption | |
| Unit Price | Annual Price | |
| 1. Escrow Account Mortgages Section (3.1.7) | 10 | $0 |
| 2. Transition Mangement Services (Section 5.2.1.2) | ||
| Fixed Income Trades | 1,000 | $0 |
| Equity Trades Per Transition | 1,000 | $0 |
| 3. Act as Investment Manager and provide Investment Management Services (Section 5.2.1.4) | ||
| 1. Russell 3000 Index Fund | 950,000,000 | $0 |
| 2. REIT Index Fund | 50,000,000 | $0 |
| 3. MSCI ACWI Ex US IMI | 800,000,000 | $0 |
| 4. U.S. Aggregate Index Fund | 1,000,000,000 | $0 |
| 5. Intermediate U.S. Credit Fund | 3,000,000,000 | $0 |
| 6. Global Aggregate Hedged Fund | 800,000,000 | $0 |
| Total Investment Management Fees | $0 | |
| 4. Provide a compliance solution that monitors investment guidelines prescribed from any source (5.2.1.16) | 35 | $0 |
| 5. Securities Lending Services (Section 5.2.1.5) Note: Annual Gross Revenue, Less Collateral Reinvestment Fee | See Securities Lending Tab | $0 |
| Total Optional Pricing | $0 |
Offerors provide a unit price for each optional service in green column.
International Holdings
| International Holdings Projections | |||
| Country | Value of Holdings (Assumption) | Fixed Rate Basis Points | Annual Projected Price |
| Argentina | 13,813 | $0 | |
| Australia | 73,547,881 | $0 | |
| Austria | 31,227,734 | $0 | |
| Belgium | 22,018,455 | $0 | |
| Brazil | 320,736,673 | $0 | |
| Canada | 568,671,551 | $0 | |
| Chile | 16,781,154 | $0 | |
| China | 73,327,162 | $0 | |
| Columbia | 92,319,240 | $0 | |
| Czech Republic | 22,451,893 | $0 | |
| Denmark | 130,179,311 | $0 | |
| Dominican Republic | 1,428,714 | $0 | |
| Egypt | 615,538 | $0 | |
| Euroclear | 555,087,548 | $0 | |
| Finland | 22,195,499 | $0 | |
| France | 268,831,018 | $0 | |
| Germany | 232,723,940 | $0 | |
| Hong Kong | 86,773,044 | $0 | |
| Hungary | 53,239,553 | $0 | |
| India | 13,331,720 | $0 | |
| Indonesia | 148,833,243 | $0 | |
| Ireland | 36,949,956 | $0 | |
| Israel | 12,847,732 | $0 | |
| Italy | 131,323,071 | $0 | |
| Japan | 747,408,390 | $0 | |
| Malaysia | 128,436,232 | $0 | |
| Mexico | 263,291,408 | $0 | |
| Netherlands | 176,909,277 | $0 | |
| Nigeria | - | $0 | |
| Norway | 22,882,586 | $0 | |
| New Zealand | 1,523,539 | $0 | |
| Paraguay | 649,491 | $0 | |
| Peru | 42,619,664 | $0 | |
| Philippines | - | $0 | |
| Poland | 32,877,859 | $0 | |
| Portugal | 32,142,436 | $0 | |
| Romania | 19,945,330 | $0 | |
| Russia | 3,638,938 | $0 | |
| Singapore | 32,979,117 | $0 | |
| Slovak Republic | 840,099 | $0 | |
| South Africa | 139,424,129 | $0 | |
| South Korea | 5,264,173 | $0 | |
| Spain | 71,447,417 | $0 | |
| Sweden | 95,717,290 | $0 | |
| Switzerland | 140,096,953 | $0 | |
| Thailand | 26,067,303 | $0 | |
| Turkey | 540,365 | $0 | |
| United Kingdom | 763,542,954 | $0 | |
| Uruguay | 8,762,766 | $0 | |
| Total | $0 | ||
| Offerors Fill Green with Fixed rate basis points |
Global Trades
| Global Trade Transactions Projections | ||
| Country | Assumption | |
| Fixed Fee Per Transaction | Annual Projected Price | |
| Argentina | 5 | $0 |
| Australia | 350 | $0 |
| Austria | 60 | $0 |
| Belgium | 80 | $0 |
| Brazil | 160 | $0 |
| Canada | 170 | $0 |
| Cedel/Clearstream | 140 | $0 |
| Chile | 5 | $0 |
| China | 350 | $0 |
| Columbia | 60 | $0 |
| Czech Republic | 10 | $0 |
| Denmark | 170 | $0 |
| Dominican Republic | 5 | $0 |
| Egypt | 5 | $0 |
| Euroclear | 6,500 | $0 |
| Finland | 70 | $0 |
| France | 290 | $0 |
| Germany | 460 | $0 |
| Hong Kong | 280 | $0 |
| Hungary | 30 | $0 |
| India | 30 | $0 |
| Indonesia | 90 | $0 |
| Ireland | 10 | $0 |
| Israel | 60 | $0 |
| Italy | 230 | $0 |
| Japan | 2,300 | $0 |
| Malaysia | 70 | $0 |
| Mexico | 30 | $0 |
| Netherlands | 190 | $0 |
| Nigeria | 5 | $0 |
| Norway | 110 | $0 |
| New Zealand | 20 | $0 |
| Paraguay | 5 | $0 |
| Peru | 30 | $0 |
| Philippines | 5 | $0 |
| Poland | 40 | $0 |
| Portugal | 30 | $0 |
| Romania | 5 | $0 |
| Russia | 0 | $0 |
| Singapore | 50 | $0 |
| Slovak Republic | 5 | $0 |
| South Africa | 50 | $0 |
| South Korea | 70 | $0 |
| Spain | 140 | $0 |
| Sweden | 270 | $0 |
| Switzerland | 300 | $0 |
| Thailand | 20 | $0 |
| Turkey | 100 | $0 |
| United Kingdom | 800 | $0 |
| Uruguay | 3 | $0 |
| Total | $0 | |
| Offerors fill in green with Fixed Fee Per Transaction |
Securities Lending
| Offerors are to complete the table below to provide an estimate of the gross securities lending revenue PBGC can expect |
| given the assumptions provided. Offerors shall provide any other assumptions the offeror has used to estimate this revenue. |
| Also, in the second table, please provide an estimate of annual fees, if applicable. |
| Asset Type | Lendable Assets | Utilization | Intrinsic Income for Cash Collateral | Intrinsic Income for Non-Cash Collateral | Cash Collateral Reinvestment Income | Total Income |
| US Treasury | $9,000,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| US Corp Bond | $22,000,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| US Equity | $2,500,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| US Agency | $2,000,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| NON-US Equity | $2,500,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| NON-US Fixed Income | $2,000,000,000 | X.X% | $XX,XXX | $XX,XXX | $XX,XXX | $XXX,XXX |
| Total | $40,000,000,000 | X.X% | $XXX,XXX | $XXX,XXX | $XXX,XXX | $XXX,XXX |
| Offeros provide this table for the base and option years. | ||||||
| Assume that the characteristics of the holdings of the asset classes listed above are similar to those of the following indices: | ||||||
| - US Treasury is similar in character to the Bloomberg US Treasury Index. | ||||||
| - US Corp Bond is similar in character to 100% Bloomberg US Corporate Index. | ||||||
| - US Equity is similar in character to the Russell 3000 Index. | ||||||
| - US Agency is similar in character to the Bloomberg US Agency Index. | ||||||
| - Non-US Equity is similar in character to the MSCI EAFE Index. | ||||||
| - Non-US Fixed Income is similar in character to the Bloomberg Global Aggregate Index. | ||||||
| In addition, please base your revenue estimate on the following: | ||||||
| - Revenue estimates should be for an annual period. | ||||||
| - Assume that PBGC will use a cash collateral separate account with a fixed spread of 20 bps. | ||||||
| - Assume that you are able to optimize the use of cash and non-cash collateral. | ||||||
| - Please base your estimates on the historical period of 01/01/2023 - 12/31/2023. | ||||||
| - Revenue estimate is gross of collateral reinvestment fee. | ||||||
| Please state in the table below whether you are charging a fee for collateral reinvestment | ||||||
| and what the fee is in basis points as well as an estimated fee in dollars given your | ||||||
| lending estimates above. |
| Fee (in $) | Fee (in bp) | |
| Cash Collateral Reinvestment Fund Fee (annualized) | ||
| Total Fees |
6 Months Extension (OPTIONAL)
| 6 Months Extension (Optional) via FAR 52.217-8 | |||
| Category | Assumption | ||
| Price | Annual Price | Offerors Fill in Green Area | |
| 1. Custodial Account Fee (Section 3.1.4) | |||
| Active | 570 | $0 | |
| Passive | 120 | $0 | |
| Standard Transition | 90 | $0 | |
| Commingled | 50 | $0 | |
| 2. Asset-Based Fee per Country (in basis points) | |||
| International Holdings | Carried from International Holdings Sheet | $0 | |
| 3. Custody Fees (Annualized) (Section 3.1.6 / 3.1.7) | 25,000 | $0 | |
| 4. Transaction Fees per country (International trades per Global Trades Tab (U.S. transactions below) | |||
| Depository Trust Corp - Purchases/Sales | 60,000 | $0 | |
| Federal Reserve Bank - Purchases/Sales | 20,000 | $0 | |
| Other (Physical Delivery/receipt, asset transfers etc.) | 5 | $0 | |
| Futures Transactions | 12,000 | $0 | |
| Options Roundtrip | 1,100 | $0 | |
| Paydowns (GNMA,FNMA,FHLMC, etc.) | 30,000 | $0 | |
| Asset Transfers | 200,000 | $0 | |
| Other (Swaps) | 2,000 | $0 | |
| Global Trades | Carried from Global Trades Sheet | $0 | |
| 5. Income Collection (Section 3.1.5) | |||
| Dividends | 60,000 | $0 | |
| Interest Depository Trust Corp Securities | 3,000 | $0 | |
| Interest Federal Reserve Bank Securities | 3,000 | $0 | |
| Other (Section 3.1.5(c)) | 200 | $0 | |
| 6. Wire Transfer Fees (Section 9.4 / 9.5 / 9.6) | |||
| To Others | 9,000 | $0 | |
| From Others | 8,000 | $0 | |
| 7. Report Fees (5.2.1.14, 9.0, 12.0) | $243,000 | $0 | |
| 8. Foreign Exchange Transaction Fees (3.1.17) | 17,000 | $0 | |
| 9. Transition Cost | |||
| Transfer securities to Custodian Bank (3.3.9 / 3.3.10) | 60,000 | $0 | |
| Conversion of Depository Trust Corp Securities | 57,000 | $0 | |
| Conversion of Federal Reserve Bank Securities | 3,000 | $0 | |
| Other convesion costs (e.g. Non-US Conversions, etc.) | 200 | $0 | |
| 10. Servicing of Bank Loan (3.1.18) | |||
| Minimum monthly charge for 1-10 loans across the entire PBGC Account | 10 | $0 | |
| Minimum monthly charge for 11-20 loans across the entire PBGC Account | 10 | $0 | |
| Minimum monthly charge for 21-35 loans across the entire PBGC Account | 15 | $0 | |
| Minimum monthly charge for 36-50 loans across the entire PBGC Account | 15 | $0 | |
| Monthly per loan charge there after 50 loans across the entire PBGC account | 185 | $0 | |
| 11. Pricing of OTC and Centrally Cleared Derivatives (3.1.15) | 4,000 | $0 | |
| 12. STIF Fee (5.2.1.17) | $2,500,000,000 | $0 | |
| 13. Educational Conferences (10.0) | 12 | $0 | |
| 14. Check Processing Services (3.1.8) | 260 | $0 | |
| Total Menu Based Services 6 months Extension (0001) | $0 | ||
| Option Period | Unit | Unit Price | Annual Price |
| 6 Months Extension (Optional) | Per Month | $0 |
File details come from the government source that posted it. Updated .