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FBO DAILY ISSUE OF MAY 28, 2009 FBO #2740
SOLICITATION NOTICE

R -- Synopsis-Investment Management Services

Notice Date
5/26/2009
 
Notice Type
Presolicitation
 
NAICS
523920 — Portfolio Management
 
Contracting Office
Pension Benefit Guaranty Corporation, Chief Management Officer, Procurement Department, Suite 1090, 1200 K Street, N.W., Washington, District of Columbia, 20005-4026
 
ZIP Code
20005-4026
 
Solicitation Number
PBGC01-RP-09-0021
 
Archive Date
6/30/2009
 
Point of Contact
Roland Thomas, Phone: 202-326-4160, Fiorela Kvalevog, Phone: 202-326-4160 x3981
 
E-Mail Address
Thomas.Roland@pbgc.gov, Kvalevog.Fiorela@pbgc.gov
(Thomas.Roland@pbgc.gov, Kvalevog.Fiorela@pbgc.gov)
 
Small Business Set-Aside
N/A
 
Description
SYNOPSIS The Pension Benefit Guaranty Corporation is a U.S. Government-owned corporation. PBGC was established to protect the retirement income of individuals and their beneficiaries who are covered under certain private sector, defined benefit pension plans as provided by Title IV of ERISA. It currently protects the pensions of 44.1 million American workers and retirees in 30,330 private single-employer and multi-employer defined benefit pension plans. PBGC's programs (a) encourage the continuation and maintenance of voluntary private pension plans for the benefit of the plan participants; (b) protect pension benefits in on-going pension plans; (c) ensure timely and uninterrupted pension benefit payments under Title IV-covered plans; and (d) maintain insurance premiums at the lowest level consistent with the PBGC Title IV obligations. The Pension Benefit Guaranty Corporation intends to procure on a full and open competitive basis, investment management services. The investment management organization retained under contract by PBGC must be responsible for providing investment management of an international equity portfolio that is 100% long only. The product must be benchmarked to the MSCI EAFE Index. PBGC anticipates hiring multiple managers. Award allocations will vary, based on the investment skill and ability of the managers to meet the needs of this contract. PBGC expects the allocation awards to range from US$200 million to US$1 billion for each manager, but makes no guarantees as to the size of any award. These allocations may change over time due to the investment results generated by the contractor and the needs of PBGC. Interested parties are responsible for monitoring the fbo.gov site to assure that they have the most up to date information about this acquisition. Paper copies of the solicitation and associated amendments will not be available.
 
Web Link
FBO.gov Permalink
(https://www.fbo.gov/spg/PBGC/CMO/PD/PBGC01-RP-09-0021/listing.html)
 
Place of Performance
Address: Pension Benefit Guaranty Corporation, 1200 K Street, NW, Suite 1090, Washington D.C., District of Columbia, 20005, United States
Zip Code: 20005
 
Record
SN01826815-W 20090528/090526234732-2909cd9017b6d98aec248df1f895fc58 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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