SPECIAL NOTICE
99 -- Notice of Intent to Award Sole Source
- Notice Date
- 7/9/2021 6:57:43 AM
- Notice Type
- Special Notice
- NAICS
- 523920
— Portfolio Management
- Contracting Office
- PENSION BENEFIT GUARANTY CORP WASHINGTON DC 20005 USA
- ZIP Code
- 20005
- Solicitation Number
- 16PBGC21Q0071
- Response Due
- 7/29/2021 12:00:00 PM
- Archive Date
- 08/13/2021
- Point of Contact
- Heather Poindexter, Frederick Thompson
- E-Mail Address
-
poindexter.heather@pbgc.gov, thompson.frederick@pbgc.gov
(poindexter.heather@pbgc.gov, thompson.frederick@pbgc.gov)
- Description
- This notice is in accordance with FAR Subpart 5.2, Synopses of Proposed Contract Actions. The Pension Benefit Guaranty Corporation (PBGC), Procurement Division is the contracting office for this procurement. The purpose of this notice is to announce the intent to award a firm-fixed-price contract on a sole source basis to WhiteStar Advisors, LLC (DUNS: 154245943) in accordance with FAR Part 12 and FAR Subpart 13.501. �As a result of the trusteeship of the plan, the PBGC inherited a number of direct real estate properties that were assets of the plan. Several properties have already been sold, however there remains three properties at the time of this submission. All are currently for sale and are managed by WhiteStar Advisors, LLC (�WhiteStar�). The existing contract with the former plan sponsor has been assigned to the PBGC. �Please note the Non-FAR based contract between Whitestar and McClatchy will expire as of August 31, 2021. �Pension Benefit Guaranty Corporation anticipates a FAR based contract award to Whitestar as of September 1, 2021. � Should the properties still be unsold or unotherwise not fully closed out prior to August 31, 2021, WhiteStar will be required to continue to manage the properties under a Firm-Fixed-Price contract with PBGC as of September 1, 2021.The contactor will have full discretion and authority to separately manage the remaining real estate assets, including attending to all matters in connection with the management, operations, financing, and disposition of the assets. It must maintain accurate books and records, delivering status reports periodically, selecting and retaining independent professionals as necessary to carry out its duties, amongst other responsibilities. �It is anticipated that contract award will be issued on or before September 1, 2021, with a one (1) year base period and one (1) year option periods of performance from September 1, 2021 through August 31, 2023, if option is exercised. The applicable NAICS Code is 523920 (Portfolio Management). This is NOT a request for competitive quotes. This notice of intent is for informational purposes only. However, all interested parties may submit their capability statements for the required services, which shall be considered by the agency if received by the Points of Contact (POC) listed below by 3:00 PM, EDT, July 29, 2021 (reference Solicitation No16PBGC21Q0071.). A determination to compete the proposed procurement based upon responses to this notice is solely with the discretion of the Government. POCs: Heather Poindexter, Contracting Officer at poindexter.heather@pbgc.gov and Frederick Thompson, Contract Specialist, at thompson.frederick@pbgc.gov. �Oral communications will not be accepted in response to this notice. �
- Web Link
-
SAM.gov Permalink
(https://beta.sam.gov/opp/05db041feb7e4f739d1958752258cebd/view)
- Record
- SN06056344-F 20210711/210709230114 (samdaily.us)
- Source
-
SAM.gov Link to This Notice
(may not be valid after Archive Date)
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