SOLICITATION NOTICE
R -- Immediate Annuity
- Notice Date
- 9/14/2005
- Notice Type
- Solicitation Notice
- NAICS
- 525990
— Other Financial Vehicles
- Contracting Office
- Department of Education, Contracts & Acquisitions Management, Contracts (All ED Components), 550 12th Street, SW, 7th Floor, Washington, DC, 20202
- ZIP Code
- 20202
- Solicitation Number
- ED-05-AM-0020
- Response Due
- 9/21/2005
- Archive Date
- 10/6/2005
- Description
- This is a combined synopsis/solicitation for commercial items prepared in accordance with the format in Subpart 12.6, as supplemented with additional information included in this notice. This announcement constitutes the only solicitation; proposals are being requested and a written solicitation will not be issued. The U.S. Department of Education (Department) seeks to buy a non-qualified tax-deferred annuity for a settlement of an employment-related claim. The beneficiary is a 48-year-old (DOB 2/24/57) female, and her state of issue would be Maryland. The Department solicits from brokers who will provide no fewer than three price quotes of annuity products with a guaranteed income for a 5-year period, paid monthly, and funded with a single deposit of $110,000. Annuity payments to the beneficiary commence not later than one month from the Department's purchase. Any proposed insurer should be rated at least A.M. Best A+ or higher, S&P AA+ or higher, or Moody's Aa2 or higher. All bids accepted for consideration must be submitted by 5:00 pm, EST on Thursday, September 15, 2005. This request for quotation is being issued in accordance with FAR Part 12. Please submit an electronic quote to mail to: Alice.Mihill@ed.gov for a non-qualified tax-deferred annuity by the closing date of this request for quotation. The following Clauses are applicable to this procurement: 52.212-1, Instructions to Offerors - Commercial Items 52.212-2, Evaluation - Commercial Items 52.212-3, Offeror Representations and Certifications - Commercial Items 52.212-4, Contract Terms and Conditions - Commercial Items 52.212-5, Contract Terms and Conditions Required to Implement Statutes or Executive Orders - Commercial Items 52.222-3, Convict Labor (JUNE 2003) (E.O. 11755) 52.222-19, Child Labor-Cooperation with Authorities and Remedies (SEP 2002) (E.O. 13126) 52.222-21, Prohibition of Segregated Facilities (FEB 1999) 52.222-26, Equal Opportunity (APR 2002) (E.O. 11246) 52.222-35, Equal Opportunity for Special Disabled Veterans, Veterans of the Vietnam Era, and Other Eligible Veterans (DEC 2001) (38 U.S.C. 4212) 52.222-36, Affirmative Action for Workers with Disabilities (JUN 1998) (29 U.S.C. 793) 52.222-37, Employment Reports on Special Disabled Veterans, Veterans of the Vietnam Era, and Other Eligible Veterans (DEC 2001) (38 U.S.C. 4212) 52.232-33, Payment by Electronic Funds Transfer - Central Contractor Registration (OCT 2003) (31 U.S.C. 3332) 52.239-1, Privacy or Security Safeguards (AUG 1996) (5 U.S.C. 552a) The Contractor shall comply with the FAR clauses in this solicitation, applicable to commercial services, that the Contracting Officer has indicated as being incorporated in this contract by reference to implement provisions of law or Executive Orders applicable to acquisitions of commercial items. Please provide a firm-fixed price quote for the following: 1. The United States Department of Education (Department) seeks to buy a non-qualified tax-deferred annuity for a settlement of an employment-related claim. The beneficiary is a 48-year old (DOB 2/24/57) female, and her state of issue would be Maryland. The Department solicits from brokers who will provide no fewer than three price quotes of annuity products with a guaranteed income for a five-year period, paid monthly, and funded with a single deposit of $110,000. Annuity payments to the beneficiary commence not later than one month from the Department's purchase. Any proposed insurer should be rated at least A.M. Best A+ or higher, S&P AA+ or higher, or Moody's Aa2 or higher. All bids accepted for consideration must be submitted by 5:00 pm, on Thursday, September 15, 2005. EVALUATION FACTORS FOR AWARD The basis for award is best value to the Government considering the ability to provide the required financial and legal information, rating, and amount of monthly payment.
- Record
- SN00894738-W 20050916/050914211743 (fbodaily.com)
- Source
-
FedBizOpps.gov Link to This Notice
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