Federal Retirement Thrift Investment Board, 1250 H Street, NW, Washington, DC 20005

D -- AUTOMATIC DATA PROCESSING AND TELECOMMUNICATION SERVICES SOL TIB-96-01D. Due 071296. Contact Brett Wolfe, Contract Specialist, 202/942-1693. The Federal Retirement Thrift Investment Board (Board) administers the Thrift Savings Plan (TSP) for Federal Employees. The TSP is a retirement savings plan, with assets in excess of $38 billion, similar to private sector 401(k) plans. The current TSP Recordkeeping System is a large COBOL application using CA-IDMS in a shared IBM resource environment supporting over 2 million accounts. The system was designed and implemented incrementally over a 9-year period in response to changing program and statutory requirements. The Board has evaluated the current system's capacity for additional changes, including daily valuation of participant's assets and increasing the number of investment funds offered by the Plan. The Board has decided to replace the current system with a new integrated system to support TSP operations. The Board is developing a draft solicitation package which discusses the development and implementation of a replacement recordkeeping system. It is anticipated that there will be interest in this acquisition among developers of large, complex financial systems and among vendors expert in daily valued recordkeeping operations of very large 401(k) plans. Interested parties are invited to submit a request for the draft package which we expect to be available on or about May 31, 1996. This document package is not a request for proposals, but rather a request for review, analysis and comment. The comment period will remain open until July 12, 1996. We expect to use comments received to strengthen and improve the final solicitation package we plan to release later this summer. A separate synopsis will be issued announcing the availability of that final solicitation package. All parties responding with comments to the draft solicitation will be sent a copy of the final Request for Proposal package. (137)

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