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Pension Benefit Guaranty Corporation Custodian Banking Services   10

ID: 2024 • Type: Presolicitation

Description

The Pension Benefit Guaranty Corporation (PBGC) intends to reissue solicitation 16PBGC24R0010 for the custodian banking services requirement. This is a Synopsis/Pre-solicitation notice for the reissuance. The original solicitation was issued on October 21, 2024 under SAM notice ID 1554.

Requirement Description

PBGC is seeking to award one contract for custodian banking services. Custodian banking services provide global master custody services for the safekeeping and asset servicing of plan assets. The anticipated period of performance is one (1) twelve-month base period and nine (9) twelve-month option periods. A firm fixed price (FFP) and fixed rate variable quantity (FRVQ) contract is anticipated.

RFP Release Information

The purpose of this Synopsis/Pre-Solicitation is to notify potential Offerors that PBGC intends to solicit proposals via a Request for Proposal (RFP) to select a single contractor to provide custodian banking services. PBGC anticipates issuing the solicitation within the next month and no sooner than 12/3/24. The RFP is anticipated to be issuied via full and open competition.

This synopsis/pre-solicitation notice is NOT a solicitation for proposals, proposal abstracts, or quotations and in no way obligates the Government to issue a request for proposals (RFP) and/or award a contract. This notice satisfies the synopsis requirement in FAR 5.2. If a solicitation is issued, all necessary information will be supplied at the time it is posted at https://sam.gov. Questions/requests for information will not be responded to until RFP issuance. Interested parties are responsible for monitoring SAM for the most up-to-date information concerning the forthcoming solicitation. Paper copies of the solicitation and its amendments will not be distributed.

Overview

Response Deadline
Dec. 4, 2024, 10:00 a.m. EST Past Due
Posted
Nov. 27, 2024, 5:25 p.m. EST
Set Aside
None
Place of Performance
Washington, DC 20024 United States
Source
SAM

Current SBA Size Standard
$47 Million
Pricing
Fixed Price
Est. Level of Competition
Low
Est. Value Range
Experimental
$50,000,000 - $150,000,000 (AI estimate)
Odds of Award
50%
Signs of Shaping
The solicitation is open for 6 days, below average for the Pension Benefit Guaranty Corporation.
On 11/27/24 Pension Benefit Guaranty Corporation issued Presolicitation 2024 for Pension Benefit Guaranty Corporation Custodian Banking Services due 12/4/24. The opportunity was issued full & open with NAICS 523991 and PSC R703.
Primary Contact
Name
Diahanna A. Bradley   Profile
Phone
None

Secondary Contact

Name
Au Nguyen   Profile
Phone
None

Documents

Posted documents for Presolicitation 2024

Question & Answer

Opportunity Lifecycle

Procurement notices related to Presolicitation 2024

Award Notifications

Agency published notification of awards for Presolicitation 2024

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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
Dec. 20, 2024
Last Updated By
baldus.carl@pbgc.gov
Archive Date
Dec. 19, 2024