Investment Portfolio Accounting Managed Service for Trust Accounting System

The Pension Benefit Guaranty Corporation (PBGC) intends to award a firm-fixed price sole source contract to Eagle Investment Systems, LLC, 65 Lasalle Rd, West Hartford, CT 06107, for the purpose of acquiring an investment portfolio accounting managed service of a Commercial-Off-The-Shelf solution that meets PBGC’s functional, reporting, and integration requirements to manage pension plan liabilities.

This acquisition is being pursued on a sole source basis in accordance with statutory authority 41 U.S.C. 3304(a)(1) as implemented by FAR 6.302-1, other than full and open competition is authorized when there is only one responsible source and no other supplies and services will satisfy agency requirements.

Eagle Investment Systems is the only source with all the required capabilities required to provide the Investment Portfolio Accounting Managed Service for the Trust Accounting System (TAS).

The minimum capabilities within the analyses are as follows:

1. Establish, maintain and distinguish between inception and non-inception accounting transactions by PBGC case number (portfolio) via interface, upload or entering directly;
2. Create customized and ad hoc reports that capture inception and non-inception entries and/or balances;
3. Ability to interface with four of PBGC’s systems;
4. Perform specialized accounting for mass change. Accounting treatment for when a pension plan is finally trusteed (mass change) required sophisticated custom logic within the data warehouse.
5. Perform investment accounting (buys/sells, calculation of gains and losses, interface with separate pricing vendor, maintain a security master file portfolio, calculation of accrued investment income); and
6. Must comply with Federal government specific requirements such as Section 508, and FedRamp Authorized (or NIST 800-53 and/or ISO 27000 compliant or standards/controls implemented).

The NAICS code for this acquisition is 513210 – Software Publishers with a size standard of $41,500,000.00.

A determination by the Government not to open the requirement to competition based on the response to this notice is solely within the discretion of the Government. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. This notice of intent is NOT a request for proposal. However, all capability statements received by the closing of this announcement will be considered by the Government. Any source capable of providing the services and is interested in submitting a capabilities statement may do so electronically to Amanda VanderVeen at VanderVeen.Amanda@pbgc.gov and Tia Ragsdale at Ragsdale.Tia@pbgc.gov.