This Government Contract opportunity was posted on August 20, 2013. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Trust Accounting System Bank Data Aggregation Services

Awarded

PBGC01-RP-13-0023Federal

Submission Closed08/20/2013, 12:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 518210

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AI Contract Overview

This Firm Fixed Price, sole source contract was awarded to Electra Information Systems to provide bank data aggregation services for the Pension Benefit Guaranty Board's Trust Accounting System. Managed by the Financial Operations Department, the system serves as an investment portfolio and accounting solution used to track investment assets, plan receivables, and liabilities for terminated pension plans and commingled portfolios via an application service provider model. A critical requirement of the system is the acquisition of transactional data from interim custodians. Electra Information Systems was selected as the sole provider because they offer the proprietary RecCollect commercial off the shelf service, which leverages existing bank custodian relationships to deliver the necessary data to the Trust Accounting System.

General Info

Agency

N/A

Contract Value

$4,247.19

NAICS

518210 - Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

Place of Performance

DC, USA

Set-Aside

NONE

Awardee

ELECTRA INFORMATION SYSTEMS, INC.

Award Issued Date

09/01/2013, 12:00:00 AM UTC

Documents

No documents available

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Uniform Contract Format

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Timeline

1 update

PhaseAwarded

PostedApr 24

special-notice

Notice updatedMay 22

Response deadline changed from May 10, 2013 to Jun 6, 2013. The notice description changed.

AwardedSep 1

Contract was awarded

Submission Closed

08/20/2013, 12:00:00 PM UTC

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Organization & Contact Information

AgencyN/A

Contacts2 people available

OfficeN/A

Organization / Agency

N/A

Office AddressN/A

Contacts

Teesa RobertsContract Specialist

contact@example.gov

+1 (555) 000-0000

Mark MillerContract Specialist

contact@example.gov

Full Description

This contract was awarded as Firm Fixed Price (FFP), Sole Source for the PBGC's Trust Accounting System (TAS). TAS is an investment portfolio and accounting solution managed by the Financial Operations Department (FOD) to support the accounting and financial reporting of investment assets, plan receivables, and liabilities related to terminated pension plans and the commingled investment portfolio through an application service provider model. One core component of this solution is the ability to obtain transactional data from the Interim Custodian's of the terminated pension plans. Electra leverages their existing relationships with bank custodians and provides TAS with required custodian data. The only company able to provide Electra Information Systems RecCollect Products is Electra Information Systems. The Electra RecCollect Service is a commercial off the shelf (COTS) service developed and supported exclusively by Electra Information Systems.