Pension Insurance Modeling System (PIMS) Independent Peer Review – Parallel Testing and Reconciliation

Closed Solicitation Posted

Solicitation number
16PBGC24Q0028
Agency
Responses due
Set-aside
No set-aside

Opportunity facts

Place of performance
Washington, District of Columbia 20024, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The Pension Benefit Guaranty Corporation (PBGC) is seeking contractor support for an independent peer review of its Pension Insurance Modeling System (PIMS), specifically the parallel testing and reconciliation of the Single-Employer (SE) PIMS model. The objective is to analyze and reconcile the results produced by the legacy and new transformational PIMS models, which are used to develop PBGC's annual projections report. The contractor will be required to identify and reconcile any material differences between the model outputs, assess the reasonability of the differences, and provide recommendations on addressing them and testing the multiemployer PIMS models in the future. PBGC will evaluate technical and price factors to determine the best value offer. Quotes are due by June 20, 2024 at 10:00 AM ET.

This is a commercial solicitation under FAR Part 13 in conjunction with FAR Part 12, with a single firm fixed price purchase order anticipated. The period of performance is 6 months from September 1, 2024 to February 28, 2025, with a Not to Exceed amount of $3,000 for travel. There is also an Optional Extension Period of 6 months from March 1, 2025 to September 29, 2025, but no pricing is provided for that period. The place of performance is Fort Lesley J. McNair, DC 20024, USA.

Notice text

3 versions

Update #3 · Latest ·

6/18 Update - Please see the attached Amendment 0002 to extend the quotation due date to 6/24/24. 

6/13/24 Update - Please see the attached Amendment 0001 and responses to industry questions (included on the last page of the solicitation).

Original Solicitation Posting - Please see the attached solicitation for Pension Insurance Modeling System (PIMS) Independent Peer Review – Parallel Testing and Reconciliation requirement. Please read the solicitation for further details. 

Update #2 ·

6/13/24 Update - Please see the attachment Amendment 0001 and responses to industry questions (included on the last page of the solicitation).

Original Solicitation Posting - Please see the attached solicitation for Pension Insurance Modeling System (PIMS) Independent Peer Review – Parallel Testing and Reconciliation requirement. Please read the solicitation for further details. 

Update #1 ·

Please see the attached solicitation for Pension Insurance Modeling System (PIMS) Independent Peer Review – Parallel Testing and Reconciliation requirement. Please read the solicitation for further details. 

Files

Notice history

Notice Type Posted
This notice Latest solicitation Solicitation
Pension Insurance Modeling System (PIMS) Independent Peer Review – Parallel Testing and Reconciliation Original Pre-Solicitation

Similar open opportunities

Opportunity Agency Set-aside Responses due
Super Intelligence Program Support Services (SIPSS) District of Columbia 20024, United States Pension Benefit Guaranty Corporation No set-aside

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