This Combined Synopsis/Solicitation opportunity from Department Of Labor was posted on August 29, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Longevity Risk Review Project
Contract Overview
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The Pension Benefit Guaranty Corporation, under the Department of Labor, is requesting quotations for the Longevity Risk Review Project, solicitation number 16PBGC24Q0050. This unrestricted procurement seeks a firm-fixed-price contract to analyze and assess longevity risk within the Single-Employer Insurance Program. The project requires the contractor to produce a comprehensive written report that benchmarks mortality data, assesses historical improvements, and quantifies how longevity changes impact the present value of future benefits liability. The estimated workload for the project includes hours for a Lead Consultant/Industry Expert, Senior Consultant, and Junior Consultant, with a total delivery schedule spanning ten months. The solicitation has undergone four amendments to refine the requirements and provide clarity to potential bidders. Key updates include the addition of an Estimated Workload attachment, the inclusion of multiple local PBGC clauses, and revisions to the Performance Work Statement regarding Government-furnished property. Notably, all deliverable due dates were extended by one month to accommodate the time required for contractor personnel to obtain necessary PIV credentials. The final response deadline for this effort was set for September 4, 2024, with performance taking place in Washington, DC, under NAICS code 541612.
General Info
Contract Value
$150,000Place of Performance
Washington, DC, 20024, USASet-Aside
Awardee
CLUB VITA US LLCAward Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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