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Premium Operations Support Services

ID: 16PBGC24R0012 • Type: Solicitation
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Description

This purpose of this contract is to provide the PBGC's Financial Operations Department (FOD)/Collection and Compliance Division (CCD), with professional services in support of its premium operations programs including technical, financial, accounting, and auditing support. These support services are required to enable PBGC to: ensure an unqualified audit opinion is received for the Corporation's annual financial statements; maintain PBGC's premium enforcement and debt collection program activities; to maintain critical accounting programs that include: i) financial reporting, ii) premium operations, iii) accounts receivable (AR), iv) accounts payable (AP), v) PBGC's premium enforcement activities and vi) debt collection programs. Support services will strive to sustain the implementation, integration and maintenance of all current and new financial management and accounting systems, and ii) to provide quality customer service to premium payers and plan practitioners by providing prompt, accurate up to date and reliable premium information and account status.

Background
The Pension Benefit Guaranty Corporation (PBGC) is issuing this Request for Proposal (RFP) to obtain contractor support for its Premium Operations Support Services.

The mission of PBGC is to protect the retirement incomes of over 35 million American workers in private-sector defined benefit pension plans. The goal of this contract is to provide professional services that support PBGC's premium operations programs, ensuring compliance with financial reporting and debt collection requirements.

Work Details
The contractor will provide professional services in support of PBGC's Financial Operations Department (FOD) and Collection and Compliance Division (CCD). Key tasks include:
- Ensuring an unqualified audit opinion for the Corporation’s annual financial statements.
- Maintaining PBGC's premium enforcement and debt collection program activities.
- Supporting critical accounting programs, including:
i) Financial reporting,
ii) Premium operations,
iii) Accounts receivable (AR),
iv) Accounts payable (AP),
v) Premium enforcement activities, and
vi) Debt collection programs.
- Sustaining the implementation, integration, and maintenance of all current and new financial management and accounting systems.
- Providing quality customer service to premium payers and plan practitioners by delivering prompt, accurate, up-to-date, and reliable premium information and account status.

Place of Performance
The work will be performed at the Pension Benefit Guaranty Corporation located at 445 12th Street, SW, Washington, D.C., 20024-2101.

Overview

Response Deadline
Nov. 4, 2024, 11:00 a.m. EST Past Due
Posted
Oct. 3, 2024, 2:12 p.m. EDT (updated: Oct. 22, 2024, 12:32 p.m. EDT)
Set Aside
None
Place of Performance
Washington, DC United States
Source
SAM

Current SBA Size Standard
$25 Million
Pricing
Likely Fixed Price
Est. Level of Competition
High
On 10/3/24 Pension Benefit Guaranty Corporation issued Solicitation 16PBGC24R0012 for Premium Operations Support Services due 11/4/24. The opportunity was issued full & open with NAICS 541219 and PSC R703.
Primary Contact
Name
Dennis Johnson   Profile
Phone
None

Secondary Contact

Name
Don Sittman   Profile
Phone
None

Documents

Posted documents for Solicitation 16PBGC24R0012

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Additional Details

Source Agency Hierarchy
PENSION BENEFIT GUARANTY CORPORATION > PENSION BENEFIT GUARANTY CORPORATION > PENSION BENEFIT GUARANTY CORP
FPDS Organization Code
1665-16PBGC
Source Organization Code
100188339
Last Updated
Nov. 19, 2024
Last Updated By
sittman.donald@pbgc.gov
Archive Date
Nov. 19, 2024