Expert Financial Advisory Services (EFAS)

The Pension Benefit Guaranty Corporation (PBGC) is seeking expert financial advisory services focused on healthcare sector restructuring and distress valuation. The solicitation targets firms with proven experience leading large, complex restructuring and bankruptcy transactions involving enterprises with funded debt exceeding $1 billion. Specifically, PBGC requires support for its Corporate Finance and Restructuring Department in analyzing the financial exposure of underfunded pension plans, with a particular focus on Prospect Medical Holdings, Inc. The government will evaluate quotes based on compliance, corporate experience (using a confidence assessment rating), and price, with the ability to review up to three past performance projects from the last five years. Critical submission deadlines include February 3, 2025, at 1:00 PM EST for questions and February 11, 2025, at 1:00 PM EST for proposal submissions.

The contract is an unrestricted solicitation with no specific set-aside designation, utilizing NAICS code 541611 and a size standard of $24.5 million. The period of performance spans two years, consisting of a 12-month base period and one 12-month option period, with potential for a six-month extension. Travel costs are limited to $5,000 per period, and work will primarily be performed at the contractor's site with occasional travel to PBGC headquarters in Washington DC. Key personnel requirements include a Team Lead with 10+ years of experience and a Deputy Team Lead with 5+ years of experience in restructuring transactions. The anticipated start date is March 7, 2025, with the contract running through March 6, 2027. While specific budget details are not explicitly stated, the solicitation suggests a focus on comprehensive financial analysis, valuation, and strategic recommendations for managing pension plan risks.