Primary paying agent

Added: Apr 25, 2017 2:37 pm The Pension Benefit Guaranty Corporation (PBGC), a United States government corporation and agency of the United States, was created under Title IV of the Employee Retirement Income Security Act (ERISA) to administer the federal pension insurance program and enforce compliance with the provisions of Title IV. The PBGC, Office of Benefits Administration (OBA), has a requirement for a primary paying agent. The contractor shall serve as the primary paying agent and tax/deduction withholding agent with respect to the participants in defined benefit pension plans for which PBGC has assumed benefit administration responsibility. The NAICS code is 541214 (Payroll Services) with a small business standard size of $20.5 million. 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 in the System for Award Management (SAM) database. 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, www.fbo.gov. PBGC anticipates issuing the solicitation on or about May 05, 2017 and making an award on or about September 30, 2017. 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, Fiorela Kvalevog, Contracting Officer at Kvalevog.fiorela@pbgc.gov, and Norman Cofer, Contracting Officer at cofer.norman@pbgc.gov.