This Government Contract opportunity from Department Of Labor was posted on January 31, 2022. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Actuarial Support Services - Next Generation Contract Award Notice - 16PBGC-22-C-0003
Contract Overview
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The Pension Benefit Guaranty Corporation awarded contract 16BGC-22-C-0003 to Bolton Partners D.C., Inc. on January 31, 2022, for the provision of Next Generation Actuarial Support Services. Valued at 41,813,086.00 dollars, the agreement utilizes a hybrid structure of Firm Fixed Price and Time and Materials elements. The contract includes a twelve month base period followed by nine twelve month option periods, with performance taking place at the contractor site. The primary objective of this engagement is to provide specialized professional actuarial expertise to the Office of Benefits Administration to ensure the accurate and timely calculation of termination benefits under Title IV of ERISA. The contractor will support multiple divisions, including the Actuarial Services Division and the Technology Risk Management Division, focusing on the valuation of future liabilities and participant data reviews. All services must be performed in accordance with PBGC regulations, standards, and technical manuals.
General Info
Contract Value
$17,115,889.71Place of Performance
DC, USASet-Aside
Awardee
BOLTON PARTNERS D.C., INC.Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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