BCG Penbridge Insurance Rate Survey Information Subscription
Closed Solicitation Posted
- Solicitation number
- 16PBGC22Q0002
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- PSC
- B599 Special Studies/Analysis- Other
- Place of performance
- Washington, District of Columbia 20005, United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Pension Benefit Guaranty Corporation seeks to procure a subscription to the BCG Penbridge Insurance Rate Survey published monthly. The survey provides information on interest rates used by insurers to determine group annuity premiums. BCG Penbridge will also make experts available to answer questions. Quotes are due by November 30, 2021 and will be evaluated for technical acceptability and price, with award made to the lowest priced technically acceptable offer. The base period of performance is January 1, 2022 to December 31, 2022, with four optional one-year extensions.
There is no set-aside designation. BCG Penbridge is the identified incumbent and potential sole source as it is the only contractor able to provide the requested monthly survey and industry expertise. The place of performance is Washington, D.C. and the contract aims to help PBGC refine its methodology for discounting financial statement liabilities and distress termination liabilities over the five-year ordering period.
Notice text
Contractor will provide information from a survey of group annuity insurers which is published online monthly so that it is accessible to PBCG. Experts at the provider will be available to answer questions about the group annuity industry and the current state of the market. Using this information, PBGC will be able to refine its own methodology for determining interest rates that are used for discounting PBCG's financial statement liabilities and distress termination liabilities.
For more detailed information, please review the attached RFQ.
Files
| File | Type | Posted |
|---|---|---|
| 06_Solicitation - 16PBGC22Q0002.pdf | ||
| 05_ SOLE SOURCE JUSTIFICATION.pdf |
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