Field benefit administration services - sarasota, FL
Award Notice Posted
- Solicitation number
- PBGC01-RP-14-0010
- Awarded
- to Cyquest Business Solutions, Inc.
- Set-aside
- Total Small Business
Opportunity facts
- Contract number
- PBGC01CT140042 Federal contract award
- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- PSC
- Not on record
- Place of performance
- One Sarasota Tower, Two North Tamiami Trail Sarasota, Florida 34239, United States
Notice details come from SAM.gov. Updated .
Notice text
2 versions
Update #2 · Latest ·
Solicitation PBGC01-RP-14-0010 for Field Benefit Administration (FBA) services in Sarasota, FL is hereby posted with a closing date of May 1, 2014, 3:00 p.m. EST.
Questions regarding this solicitation shall be submitted in writing within ten (10) work days after the release date of the solicitation to allow the PBGC an opportunity to respond. Any questions received after that may not be answered before the solicitation closing date.
Questions should be addressed to Norman Cofer at cofer.norman@pbgc.gov AND Jacob Vigil at vigil.jacob@pbgc.gov.
Update #1 ·
The Pension Benefit Guaranty Corporation (PBGC) is a Government owned corporation, established under Title IV of the Employee Retirement Income Security Act (ERISA) of 1974. Background and mission information are available at http://www.pbgc.gov/about/about.html. The PBGC has a requirement for Field Benefit Administration services. The Field Benefit Administration (FBA) serves a vital role in performing almost 100% of the participant administration on PBGC's trusteed plans. The work of the FBA typically begins when a plan is recommended for termination by the PBGC. The FBA is responsible for participant administration of the plan from trusteeship until a plan goes to Post Valuation Administration (PVA). Tasks to be performed under this 100% Small Business Set-Aside procurement include, but not limited to the following: gathering and maintaining participant data; processing and authorizing benefit payments to eligible participants and beneficiaries; processing deceased notification, address, and direct deposit changes; issuing benefit determination letters; maintaining participant documentation; handling oral and written inquiries from plan participants; performing plan closing; providing case processing audit support, to include database building, etc.; LAN Administration support; and, special projects such as supporting systems testing, participant meetings, etc. Services shall be provided in Government furnished facilities in Sarasota, FL. The appropriate NAICS code for these services is 524292, THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS, with a small business size standard of $30,000,000.00. The anticipated contract will have a base period of performance of twelve (12) months and four (4) option periods consisting of twelve (12) months each. In order to be eligible for award, all responsible sources must be registered with System for Award Management (SAM). Contractors may register online at the website, www.sam.gov. The solicitation and any amendments will be available through the Federal Business Opportunities (FBO) website https://www.fbo.gov. PBGC anticipates issuing the solicitation on or about April 2, 2014 and making an award on or about August 29, 2014. These dates are approximate. Interested parties are responsible for monitoring the FBO website for the most up-to-date information concerning this forthcoming solicitation. Paper copies of the solicitation and any amendments will not be distributed. Upon issuance of the solicitation, there will be an identified question and answer period. Further inquiries regarding this solicitation must be sent to Roland Thomas, Contracting Officer at thomas.roland@pbgc.gov, Norman Cofer, Contract Specialist at cofer.norman@pbgc.gov and Jacob H. Vigil, Contract Specialist at vigil.jacob@pbgc.gov.
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