R -- PENSION BENEFIT PLAN, DELTA AIR LINES TRANSITION
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The Pension Benefit Guaranty Corporation (PBGC) plans to award a sole source contract to Delta Air Lines, Incorporated, specifically to their Benefits and Retirement Planning Department, for an initial six-month period with an option to extend for an additional six months. This contract, aligned with regulatory provisions under 41 U.S.C. 235(c)(1) and FAR 6.302-1(d)(1)(2), falls under NAICS code 524292. The primary scope includes providing consulting and actuarial services concerning the Delta Pilots Retirement Plan, focusing on data development and administration related to participants' employment status up to the plan termination date, Qualified Domestic Relations Order (QDRO) documentation, and actuarial analysis including benefit calculation explanations, coding, offset calculations, and plan interpretations. Additionally, the contract covers handling historical plan documents, managing participant data storage access, generating ad hoc management reports, and assisting with the plan transition process through various pension benefit and actuary-related activities. This solicitation is not a call for competitive proposals; however, interested parties with relevant experience may submit a concise capability statement of no more than three pages demonstrating their qualifications. These statements must be emailed to designated PBGC contacts by 12:00 PM EST on November 20, 2007. The contract specialist overseeing this procurement is Robert M. Price, who can be contacted via email for further information. The award aims to ensure continuity and accuracy in the administration and actuarial evaluation of the Delta Pilots Retirement Plan as it undergoes a transition.
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