Pension Benefit Guaranty Corporation, Procurement Department, 1200 K Street, NW, Suite 1090, Washington, DC 20005-4026

D -- PARAMETER -- DRIVEN BENEFIT CALCULATION SOFTWARE -- SOURCES SOUGHT POC Contact Contract Specialist Janice D. Johnson, 202-326-4160 X6859; Contracting Officer, Robert Herting 202-326-4160 The purpose of this synopsis is to obtain information about potential qualified sources capable of providing Parameter-driven Benefit Calculation Software. This request for information is for acquisition planning purposes only and is not a request for proposals. The Pension Benefit Guaranty Corporation (PBGC) seeks to identify and determine the availability of Parameter-driven Benefit Calculation Software. This software must be capable of valuing pension plans and calculating individual benefits in accordance with the Employee Retirement Income Security Act (ERISA) statute and PBGC regulations. Specifically the software must be capable of accommodating plan provisions such as complex eligibility requirements, accumulation of employee contributions, determination of contribution base benefit, death benefits, and top heavy provisions. The software must also be capable of accommodating unique PBGC processes such as calculating benefits for a terminated plan instead of an ongoing plan, adjusting benefits for prior distributions, limitations on benefits imposed by law and regulation, 4044 asset allocation and 4022(c) allocation. PBGC does not desire to acquire custom built software; but rather production proven software that has been modified to meet PBGC requirements. To be considered, software must have been in regular production use for at least three years, must be capable of being modified to meet PBGC needs without significant change to its architecture or core modules and must incorporate strong internal controls. PBGC's information technology environment requires a system which runs in a client/server environment, is capable of supporting 100 concurrent users accessing data for at least 1000 pension plans, and is capable of operating across a frame-relay Wide Area Network as well as across a switched Ethernet Local Area Network. Further, the clients must be Intel-based personal computers running the Windows 95 or Windows NT 4.0 operating system. Firms who are interested in providing this software should write to the PBGC describing their product, the details of its operations, the details and extent of modifications that would be required to satisfy PBGC's need, the specifics of the softwares operational history including a list of users who can be contacted for references and a description of the technical environment required for its operation. Firms should also provide a two page statement of their qualifications including 1) professional capabilities; 2) specialized experience and technical capabilities; 3) capacity to accomplish the work in less than 18 months; and 4) professional qualifications and experience of personnel who might be assigned to the effort. Also include in any response the company's name, address, telephone number and point of contact. Contact Janice D. Johnson at (202) 326-4160 for assistance. Responses are to be submitted in writing to the Pension Benefit Guaranty Corporation, Procurement Department, 1200 K Street, NW, Suite 1090, Washington, DC 20005-4026. Responses are due within fifteen (15) days from publication of this synopsis. Posted 05/27/99 (W-SN336295). (0147)

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