Fy26 Pims Peer Review on Plan Sponsor Health Tender - 146757484

Procurement Summary

Country: USA

Summary: Fy26 Pims Peer Review on Plan Sponsor Health

Deadline: 20 Aug 2026

Posting Date: 07 Aug 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 146757484

Document Ref. No.: 16PBGC26Q0037

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

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Tender Details

The Moving Ahead for Progress in the 21st Century Act (MAP-21, Pub. L. No. 112-141) was enacted on July 6, 2012. Section 40233(a) of MAP-21 requires the Pension Benefit Guaranty Corporation (PBGC) to contract with a capable agency or organization that is independent of PBGC, to conduct annual peer reviews of the Single-Employer (SE) Pension Insurance Modeling System (PIMS) and Multiemployer (ME) PIMS. In practice, comprehensive reviews are conducted at least once every 5 years with targeted, more limited, reviews conducted in interim years. The focus of this Statement of Objectives (SOO) is a targeted review of SE PIMS and ME PIMS to be conducted in 2026-2027.
The PIMS models are used to develop PBGC-s annual Projections Report, a 10-year projection of the financial position of each of PBGC-s two insurance programs - the Single-Employer Program and the Multiemployer Program, and a long-term (40-year) evaluation of the solvency of the Multiemployer Program. PBGC also uses these forecasting models to analyze the potential effects of legislative proposals that impact private sector defined benefit plans and the insurance programs, as well as for additional budgeting and analysis internal to PBGC.
PBGC has deployed a new, modernized version of the SE PIMS model, which utilizes some alternative modeling assumptions and methods. As part of this deployment, PBGC constructed a new economic scenario generator; the resulting economic scenarios are used in both the SE PIMS and ME PIMS models. This targeted review covers the current versions of the SE PIMS model and the ME PIMS model; it does not cover the prior Legacy version of SE PIMS.
PBGC-s Board is seeking a qualified Contractor to perform a targeted peer review of the assumptions and methods used by the PIMS models to incorporate the financial health of plan sponsors in the projections. The remainder of this document sets forth PBGC-s specific expectations, while noting that PBGC would also welcome suggested ref...
Notice ID: 16pbgc26q0037

Department/Ind. Agency: pension benefit guaranty corporation

Sub-tier: pension benefit guaranty corporation

Office: pension benefit guaranty corp

Product Service Code: b599 - special studies/analysis- other

NAICS Code: 541990 - All Other Professional, Scientific, and Technical Services

Inactive Dates: sep 04, 2026

Inactive Policy: 15 days after date offers due

Documents

 Tender Notice

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