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COMMERCE BUSINESS DAILY ISSUE OF JUNE 28,1995 PSA#1377Federal Retirement Thrift Investment Board, 1250 H St. NW, Washington,
DC 20005 R -- FEDERAL RETIREE ANNUITIES. SOL TIB-95-02. DUE 082595. Contact
Brett Wolfe, Contract Specialist, 202/942-1693. The Federal Retirement
Thrift Investment Board (Board) administers the Thrift Savings Plan
(TSP) for Federal and Postal employees. The TSP is a retirement savings
plan, with assets in excess of $30 billion, similar to private sector
401(K) plans. The Board has a requirement for a single-premium,
immediate annuity master agreement. This agreement will allow Federal
and Postal retirees to utilize their TSP funds for the purchase of an
annuity. Prospective offerors must meet the following minimum
qualifications: (1) an A.M. Best Company, Inc. rating of A++ or A+ for
each of the past ten (10) years as published in ``Best's Insurance
Reports'' from 1985 through 1994; (2) a current average rating
equivalent to AA or higher on the Standard & Poor's and Duff & Phelps
rating scales and Aa2 on the Moody's rating scale, with no individual
rating lower than AA- from Standard & Poor's or Duff & Phelps, or lower
than Aa3 from Moody's; (3) licensure as a direct writer and ability to
do business in all 50 states and the District of Columbia through one
company or through subsidiaries and/or affiliated companies; (4) a
demonstrated capability to administer large master annuity agreements
or contracts; and, (5) agreement to comply with the minimum statutory
requirements specified in the Federal Acquisition Regulation.
Interested parties are invited to submit a written request for the
solicitation within fifteen (15) days of the appearance of this notice.
The solicitation package is expected to be available on or about July
15, 1995. For additional information contact the Contracting Office at
(202) 942-1673; collect calls will not be accepted. All responsible
sources may submit an offer which will be considered. (172) Loren Data Corp. http://www.ld.com (SYN# 0077 19950627\R-0010.SOL)
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