Transformational Pension Insurance Modeling System (T-PIMS)
Closed Solicitation Posted
A newer special notice was posted. See the latest special notice from .
- Solicitation number
- 16PBGC21R0010
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- B599 Special Studies/Analysis- Other
- Place of performance
- United States
Notice details come from SAM.gov. Updated .
About this opportunity
The Pension Benefit Guaranty Corporation seeks to award a single-source Indefinite Delivery Indefinite Quantity contract with task orders for actuarial, economic, and information technology services to modernize, enhance, operate, and maintain its Transformational Pension Insurance Modeling System over ten years. Under the first task order, the selected contractor must modernize T-PIMS for Single-Employer pension plans as a cloud-hosted system meeting the provided business and technical blueprint, delivering it within 27 months per the evaluation criteria. Proposals are due by June 15, 2021 as specified in solicitation number 16PBGC21R0010.
There is no set-aside designation applied. The project's NAICS code is 541511 and PSC code is D302. The potential total contract value is $75 million over ten years to be awarded competitively, with the first task order requiring modernization of T-PIMS to allow faster simulations handling larger data volumes for the Pension Benefit Guaranty Corporation across the United States.
Notice text
2 versions
Update #2 · Latest ·
PBGC is looking to establish a 10-year (one base with nine option periods) single award Indefinite Delivery Indefinite Quantity (IDIQ) with task orders to cover the full life cycle of Modernization, Enhancement, Operations and Maintenance, and Actuarial Support services. The first task order requires Modernization of a new Transformational Pension Insurance Modeling System (T-PIMS) and is expected to be competed at the same time as the IDIQ Contract. This contract is a joint effort between the Office of Information Technology (OIT) and Policy, Research and Analysis Department (PRAD) to implement the new T-PIMS with a focus on Single-Employer (SE) plans, with plans to enhance and address Multiemployer plans capabilities in future years. The initial implementation of the T-PIMS for SE Plans shall be built to PBGC provided business and technology Blueprint (cloud-hosted) with a delivery timeline of earlier than 27 months from contract award. The PBGC requires a combination of actuarial, economic, and IT proficiency to build and sustain T-PIMS over the duration of this contract. The target is for a T-PIMS model that is faster, while running more simulations, and taking a larger footprint of input data then the system currently used. The model should also be able to be adjusted to meet any Technical Assistance requests that come in from Congress or other government agencies. A single contractor responsible for systems modernization, and ongoing enhancement, operations, maintenance efforts will bring a synergistic approach that will increase efficiencies and management effectiveness, which should correlate to reduced long-term costs to PBGC. Please view the attached Request for Proposals (RFP) number 16PBGC21R0010 for more detailed information.
On May 27, 2021, Amendment 0001 was issued and uploaded to this solicitation as an attachment. The purpose of Amendment 0001 is to release Questions & Answers (Q&As). For more detailed information please view the attached RFP Amendment 0001.
Update #1 ·
PBGC is looking to establish a 10-year (one base with nine option periods) single award Indefinite Delivery Indefinite Quantity (IDIQ) with task orders to cover the full life cycle of Modernization, Enhancement, Operations and Maintenance, and Actuarial Support services. The first task order requires Modernization of a new Transformational Pension Insurance Modeling System (T-PIMS) and is expected to be competed at the same time as the IDIQ Contract. This contract is a joint effort between the Office of Information Technology (OIT) and Policy, Research and Analysis Department (PRAD) to implement the new T-PIMS with a focus on Single-Employer (SE) plans, with plans to enhance and address Multiemployer plans capabilities in future years. The initial implementation of the T-PIMS for SE Plans shall be built to PBGC provided business and technology Blueprint (cloud-hosted) with a delivery timeline of earlier than 27 months from contract award. The PBGC requires a combination of actuarial, economic, and IT proficiency to build and sustain T-PIMS over the duration of this contract. The target is for a T-PIMS model that is faster, while running more simulations, and taking a larger footprint of input data then the system currently used. The model should also be able to be adjusted to meet any Technical Assistance requests that come in from Congress or other government agencies. A single contractor responsible for systems modernization, and ongoing enhancement, operations, maintenance efforts will bring a synergistic approach that will increase efficiencies and management effectiveness, which should correlate to reduced long-term costs to PBGC. Please view the attached Request for Proposals (RFP) number 16PBGC21R0010 for more detailed information.
Attachments
Show all 16
Notice history
| Notice | Type | Posted |
|---|---|---|
| Transformational Pension Insurance Modeling System (T-PIMS) | Special Notice | |
| Transformational Pension Insurance Modeling System (T-PIMS) | Solicitation | |
| Transformational Pension Insurance Modeling System (T-PIMS) | Pre-Solicitation |
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