This contract expires in 253 days (Jun 30, 2027).

BOLTON PARTNERS, INC. - INITIAL AWARD OF THE NRAD LARGE PLAN ACTUARIAL SUPPORT SERVICES

PIID: 16PBGC24F0054Solicitation ID: 16PBGC24Q0023

Signed Date: Jun 27, 2024Effective Date: Jul 1, 2024End Date: Closes in 253 days

Award $

$14.9M

Vendor

BOLTON PARTNERS, INC.

NAICS

541611

Signed Date

Jun 27, 2024

Key Details

Dollars Obligated

$14.9M

Base & All Options

$43.3M

Awarding Agency

Pension Benefit Guaranty Corporation

Awarding Sub-Agency

Pension Benefit Guaranty Corporation

NAICS Code

541611 - ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES

Parent IDIQ (PIID)

GS23F0019X

Product Service Code

R710 - SUPPORT- MANAGEMENT: FINANCIAL

Extent Competed

FULL AND OPEN COMPETITION

Number of Offers

Place of Performance

WASHINGTON, DC

Description

INITIAL AWARD OF THE NRAD LARGE PLAN ACTUARIAL SUPPORT SERVICES

Context & Analysis

On Jun 27, 2024, Pension Benefit Guaranty Corporation obligated $14,863,806.2 to BOLTON PARTNERS, INC. for initial award of the nrad large plan actuarial support services. The award is classified under NAICS 541611 — ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES. Competition extent: full and open competition with 3 offers received. Performance is located in WASHINGTON, DC. The contract is scheduled through Jun 30, 2027 — approximately 8 months remaining. This award is one of several similar procurements from Pension Benefit Guaranty Corporation under NAICS 541611 — related awards are listed below.

Market context

Recompete outlook: Ends Jun 30, 2027, in 8 months. Recompete signal as of Oct 11, 2026: 52/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Competed, with 3 offers. 87% of 52 awards in this market (Pension Benefit Guaranty Corporation awards in NAICS 541611 over the last 3 years) were competed; median 3 offers.
Award size: At $14.9M, this award is larger than 19 in 20 of the 45 priced Pension Benefit Guaranty Corporation awards in NAICS 541611 over the last 3 years (median $1.4M).
Incumbent at this agency: BOLTON PARTNERS, INC. has 8 other awards from Pension Benefit Guaranty Corporation, totalling $34.2M, 2022–2025.
Largest vendors in this market: By obligations, Pension Benefit Guaranty Corporation awards in NAICS 541611 over the last 3 years.
SALIENT CRGT, INC. — 7 awards, $43.4M
DELOITTE CONSULTING LLP — 5 awards, $34.0M
MILLIMAN, INC. — 1 award, $14.6M
GRANT THORNTON LLP — 3 awards, $12.7M
LYNCHVAL SYSTEMS WORLDWIDE, INC. — 1 award, $11.3M