Pension Benefit Guaranty Corporation, Procurement Department (PD), 1200 K Street, N.W., Suite 1090, Washington, DC 20005-4026

R -- TO PROVIDE HIGHLY QUALIFIED PROFESSIONAL PERSONNEL TO PERFORM ACTUARIAL CALCULATIONS AND ANALYSIS OF THE UNDERFUNDING OF PENSION PLANS SOL PBGC-RP-97-0029 POC Point of Contact -- Contact Glenn Carter 202/326-4160, ext. 3792, or Janice Johnson 202/326-4160 ext. 6859; Contracting Officer, Robert W. Herting E-MAIL: Pension Benefit Guaranty Corporation, Washington, DC, 62174800@eln.attmail.com. The Pension Benefit Guaranty Corporation (PBGC) is seeking to award a contract to provide actuarial calculations and analyses of the underfunding of pension plans on a plan termination basis, the PBGC's claims for a plan's failure to make minimum funding contributions and, in some cases, allocation of the calculated amounts into bankruptcy priority categories as specified by the PBGC. Determination of IRC Section 412(n) lien amounts, employer liability under ERISA Section 4062(e), projections of future years'unfunded status and minimum funding contributions, litigation support and other actuarial calculations for pension plans may also be required. The Contractor will be asked to certify its calculations. The Contractor may be required to use existing software or to develop additional software for this purpose. In 1991 the PBGC formed the Corporate Finance and Negotiation Department (CFND), whose mission is to support negotiation and litigation efforts associated with PBGC's largest exposures to losses(i.e. controlled groups sponsoring plans with over 5,000 participants and $25 million in unfunded benefit liabilities). CFND participates in these efforts when various situations arise, including: bankruptcy of a plan sponsor or member of a plan sponsor's controlled group; failure to make required minimum funding payments; corporate transactions affecting the controlled group, potentially putting PBGC at increased risk of loss; significant reduction in plan participation; other activities that could jeopardize pension benefits. Because of the nature of these situations, CFND operates under tight deadlines, and requires comprehensive (and frequently complex) analysis of and creative solutions to actuarial issues. Consequently, CFND must have quick and thorough actuarial analyses from its Contractor. The Contractor must be able to travel to Washington, D.C. given twenty-four notice. Request for copies of the solicitation must be in writing and reference RFP 97-0029. No telephone requests will be honored. The closing date for receipt of requests is fifteen (15) days from date of publication of this announcment (AC0819034-06) (0231)

Loren Data Corp. http://www.ld.com (SYN# 0099 19970821\R-0018.SOL)