R -- Benefit Administration Services

The Pension Benefit Guaranty Corporation (PBGC) is seeking to increase the maximum labor hours under its existing contract with Benefit Services Unlimited for the administration of PBGC trusteed pension plans. This contract adjustment is intended to continue the ongoing work by the current provider, ensuring no disruption and maintaining consistency in the management of these pension plans. The increase in hours supports the smooth completion of tasks already underway without the need for a new competitive procurement. This action is not a new request for proposals but an extension of the existing agreement to accommodate the additional workload. The contract, titled "R -- Benefit Administration Services," was initially posted in March 2003. The Contracting Officer overseeing this modification is Kay M Rison, who can be contacted via the PBGC email provided. The adjustment serves the best interests of the PBGC by leveraging the current provider’s expertise and familiarity with the trusteed pension plans, thereby ensuring continuity and efficiency in service delivery.