Legacy PIMS Actuarial and IT Support Services

The contract, titled "Legacy PIMS Actuarial and IT Support Services," involves the recompete of a previous agreement to provide information technology and actuarial support for the Pension Benefit Guaranty Corporation’s (PBGC) Legacy Pension Insurance Modeling System (PIMS). This system is essential for modeling both Single-Employer and Multi-Employer pension plans, supporting the agency's actuarial and risk assessment functions under the Policy, Research, and Analysis Department (PRAD). The contract is structured as a Total Small Business Set-Aside under NAICS code 541511 and carries the solicitation number 16PBGC25C0062. Awarded to Lynchval Systems Worldwide Inc., headquartered in Herndon, Virginia, the contract was issued in the amount of $7,399,809.00 on July 22, 2025, with performance taking place in Washington, DC. The agency’s main office address is in Washington, DC, and the contract remains active as of posting. Key points of contact for inquiries include Joseph Brummell and Frank Argenziano from PBGC. This award sustains the IT infrastructure and actuarial modeling capabilities critical to PBGC’s mission, ensuring ongoing analytical support for its insurance programs.