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FBO DAILY ISSUE OF JANUARY 12, 2002 FBO #0041
PRESOLICITATION NOTICE

R -- Premium Compliance Audit Services

Notice Date
1/10/2002
 
Notice Type
Presolicitation Notice
 
Contracting Office
Pension Benefit Guaranty Corporation, Deputy Executive Director and Chief Management Officer, Procurement Department, Suite 1090, 1200 K Street, N.W., Washington, DC, 20005-4026
 
ZIP Code
20005-4026
 
Solicitation Number
PBGC01-RP-02-0002
 
Response Due
3/13/2002
 
Archive Date
9/30/2002
 
Point of Contact
Gregory Smith, Contract Specialist, Phone (202) 326-4160 xt 3268, Fax (202) 326-4162,
 
E-Mail Address
smith.gregory@pbgc.gov
 
Description
The Pension Benefit Guaranty Corporation (PBGC) Contracts and Controls Review Department (CCRD) has a requirement for professional audit services in support its Premium Compliance program. It is anticipated that the PBGC may award one or more contracts on a labor-hour basis in support of this program. There is an estimated 9,225 hours of effort to be performed in the base year and similar quantities in each of four option years. The primary objective of the Premium Compliance program is to assess compliance with PBGC premium regulations and filing requirements. Reports issued by contractors will provide input as to whether plan sponsors have paid PBGC the appropriate amount of premiums and met other filing requirements. In doing so, the contractor will be responsible for complying with standards established by the American Institute of Certified Public Accountants and Government Auditing Standards as they relate to application of agreed-upon procedures and examinations, as appropriate. As PBGC has the burden of proving that plan sponsors did not pay the appropriate amount of premiums and the work of the contractor may be subject to review in court proceedings, it is critical that all work be performed in accordance with the referenced auditing standards. Firms interested in this requirement may view additional information regarding the PBGC at its web site: www.pbgc.gov. The solicitation will be made available through the FedBizOps.gov web site. The estimated release date of the solicitation is February 8, 2002. All responsible sources may submit a proposal for consideration by the agency.
 
Record
SN20020112/00013629-020111090907 (fbodaily.com)
 
Source
FedBizOpps.gov Link to This Notice
(will not be valid after Archive Date)

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