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COMMERCE BUSINESS DAILY ISSUE OF DECEMBER 6,1999 PSA#2489Social Security Administration, Deputy Commissioner for Finance,
Assessment and Management, Office of Acquisition and Grants, 1710 Gwynn
Oak Avenue, Baltimore, MD, 21207-5279 70 -- SOFTWARE TO BUILD STATISTICAL MODELS SOL
Reference-Number-00-1201 POC Jerry Burton, Contract Specialist, Phone
4109659487, Fax 4109659560, Email jerry.burton@ssa.gov -- Jerry Burton,
Contract Specialist, Phone 4109659487, Fax 4109659560, Email
jerry.burton@ssa.gov WEB: Visit this URL for the latest information
about this,
http://www.eps.gov/cgi-bin/WebObjects/EPS?ACode=R&ProjID=Reference-Num
ber-00-1201&LocID=2422. E-MAIL: Jerry Burton, jerry.burton@ssa.gov. The
Social Security Administration (SSA) intends to procure modifications
of a statistical model software package that was acquired through
license from the Employee Benefit Research Institute (EBRI). The
license authorizes use of the EBRI/SSASIM2/Simulation Software
(hereinafter referred to as the "software") to produce a macroeconomic
policy simulation model of SSA's Old Age and Survivors Insurance
(OASI) and Disability Insurance (DI) programs. Policy Simulation Group,
Inc., Washington, DC, is the only known source with authority and
expertise to modify the "software" as SSA requires. Any other vendor
claiming to have requisite authority and expertise to modify the
"software" must submit verifiable information that supports such
assertion. Conversely, any other vendor that can provide comparable
commercial off-the-shelf-(COTS) software must submit verifiable
information (i.e., product literature, customer references, and product
price) on the relevant capabilities and support for such COTS software.
Any suggested COTS software package must be accessible to SSA for at
least five (5) years, cost less than $90,000, and satisfy the following
requirements: A. Simulate the impact of policy changes to SSA's Trust
Funds, particularly projecting actuarial balances using a similar
methodology to that used by the Office of the Chief Actuary. The model
will be used to estimate the effects of policy changes on individuals
and the economy and as a comparison for program cost projections made
by the Office of the Chief Actuary. Below are listed the various
elements we require. 1. Activity One: We need a model that can produce
75-year actuarial cost projections (from baseline data _such as
age-gender earnings and gross domestic product -- - that is obtained
for year 1998) under alternative calculations. First, the 75-year
summarized cost and income rates of the OASI and DI trust funds should
be able to be added in the model to produce 75-year OASDI actuarial
balances. Second, an alternative calculation should be available that
literally combines the two Trust Funds (OASI and DI) into a third,
theoretical OASDI Trust Fund to produce 75-year actuarial balances. In
addition, upon trust fund exhaustion, two alternative discount rate
assumptions should be available: (1) rates based on the return that
would be realized given the Trust Fund asset allocation policy for that
year and (2) rates based on the assumption that an exhausted Trust Fund
will simply borrow at the Treasury bond rate from the Treasury's
general fund. 2. Activity Two: The recent conference held jointly by
the Boston College Center for Retirement Research and the Michigan
Retirement Research Center (both funded by the Social Security
Administration) discussed the Modeling in the Near-Term (MINT) model_s
stylized lifetime earnings profiles for nine men and nine women, which
were developed by Barry Bosworth of the Brookings Institution. We are
seeking a model that can be used to specify these eighteen individuals
by birth cohort and to simulate a wide variety of OASI program
experience statistics for each of them (including the effects of their
being married under different policies). The COTS package must allow
model to accept a weighting probability for each individual and combine
the eighteen individual statistics into an overall (population-like)
statistic. The COTS model must be able to run in a
stochastic-assumption mode and/or an endogenous-growth mode. The
macrosimulation model will also need an embedded cohort model, which
uses standard dynamic microsimulation methods with a small,
unrepresentative sample of individuals. The cohort model should be
embedded inside the macroeconomic model in the sense that the
macroeconomic model determines the macroeconomic and demographic
environment within which individual lives are simulated. 3. Activity
Three: The COTS macroeconomic model must produce estimates of program
income and cost for both OASI and DI and must be able to simulate OASI
and DI benefits for individuals and families. Responses to this
announcement must be received within fifteen (15) days after this
publication date and should refer to synopsis number Posted 12/02/99
(D-SN405088). (0336) Loren Data Corp. http://www.ld.com (SYN# 0248 19991206\70-0009.SOL)
70 - General Purpose ADP Equipment Software, Supplies and Support Eq. Index Page
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