Not listed
Closed Federal contract opportunity Posted
- Solicitation number
- 16PBGC23Q0028
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- Not on record
Notice details come from SAM.gov. Updated .
About this opportunity
The Pension Benefit Guaranty Corporation (PBGC) issued a request for quotes (RFQ) seeking a qualified vendor to perform a comprehensive model risk management and governance review of its Single-Employer and Multi-Employer Pension Insurance Modeling Systems. The review aims to assess the conceptual soundness, operational validity, functionality, performance, transparency, documentation, and effectiveness of model governance. Quotes were originally due on May 12, 2023, but were amended to extend the due date to May 31, 2023. The period of performance is ten months, with one month for onboarding and nine months to conduct the review. Vendors will be granted remote access to the systems. The contract will be a fixed firm price award. Questions regarding the RFQ were due on April 27, 2023. The review will provide recommendations to supplement stochastic modeling and advise PBGC on best practices for model enhancements and retrospective assessments.
Notice text
3 versions
Update #3 · Latest ·
05/26/2023: This posting is being revised to provide Amendment No. 0002 to the solicitation, which extends the proposal due date.
05/05/2023: This posting is being revised to provide PBGC's responses to industry questions and Amendment No. 0001 to the solicitation.
PBGC is seeking a qualified vendor to perform a comprehensive Model Risk Management and Governance review of its Single-Employer (SE) Pension Insurance Modeling System (PIMS) and Mulit-Employer (ME)-PIMS in an effort to assess and support its model-related goals of conceptual soundness, operational validity, efficacy in functionality and performance, transparency and sufficiency in documentation, and effectiveness in model governance. Please see the Statement of Objectives in the RFQ for additional details.
Update #2 ·
This posting is being revised to provide PBGC's responses to industry questions and Amendment No. 0001 to the solicitation.
PBGC is seeking a qualified vendor to perform a comprehensive Model Risk Management and Governance review of its Single-Employer (SE) Pension Insurance Modeling System (PIMS) and Mulit-Employer (ME)-PIMS in an effort to assess and support its model-related goals of conceptual soundness, operational validity, efficacy in functionality and performance, transparency and sufficiency in documentation, and effectiveness in model governance. Please see the Statement of Objectives in the RFQ for additional details.
Update #1 ·
PBGC is seeking a qualified vendor to perform a comprehensive Model Risk Management and Governance review of its Single-Employer (SE) Pension Insurance Modeling System (PIMS) and Mulit-Employer (ME)-PIMS in an effort to assess and support its model-related goals of conceptual soundness, operational validity, efficacy in functionality and performance, transparency and sufficiency in documentation, and effectiveness in model governance. Please see the Statement of Objectives in the RFQ for additional details.
Questions are due April 27, 2023 at 12pm Eastern Time
Quotes are due May 12, 2023 at 12pm Eastern Time
Attachments
| File | Type | Posted |
|---|---|---|
| 06_23Q0028 (A0002).pdf | ||
| Questions - 23Q0028.pdf | ||
| 23Q0028 (A0001) - Final.pdf | ||
| 06b_RFQ Attachment 1 - Services and Pricing Schedule Fillable.xlsx | XLSX spreadsheet | |
| 06a_RFQ SF1449 (23Q0028) OGC Adj 2023 04 20.pdf | ||
| 06b_RFQ Attachment 1 - Services and Pricing Schedule Fillable.xlsx | XLSX spreadsheet | |
| 06c_RFQ Attachment 2 - Questions Template.xlsx | XLSX spreadsheet |
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