SOURCES SOUGHT
R -- Request for Information-Financial Advisory Services Support: Transactions - IDIQ -- Draft Request for Proposal-Transactions Support
- Notice Date
- 4/11/2011
- Notice Type
- Sources Sought
- NAICS
- 541990
— All Other Professional, Scientific, and Technical Services
- Contracting Office
- Pension Benefit Guaranty Corporation, Chief Management Officer, Procurement Department, Suite 1090, 1200 K Street, N.W., Washington, District of Columbia, 20005-4026
- ZIP Code
- 20005-4026
- Solicitation Number
- PBGC01-RP-11-0012
- Archive Date
- 7/7/2011
- Point of Contact
- Fiorela Kvalevog, Phone: 202-326-4160 x3981, Roland Thomas, Phone: 202-326-4160 x3700
- E-Mail Address
-
Kvalevog.Fiorela@pbgc.gov, Thomas.Roland@pbgc.gov
(Kvalevog.Fiorela@pbgc.gov, Thomas.Roland@pbgc.gov)
- Small Business Set-Aside
- N/A
- Description
- IDIQ -- Draft Request for Proposal-Transactions Support PBGC: Financial Advisory Services Support: Transactions Agency: Pension Benefit Guaranty Corporation Synopsis The PBGC's Department of Insurance Supervision and Compliance (DISC) requires the services of financial advisory firms to support DISC in transactions involving pension plan sponsors and their controlled group members. The overall goal of the procurement is to provide PBGC with the following: 1. A reasonably-priced, flexible contract to acquire commercial financial advisory services. 2. High-quality financial advisory services. 3. The ability to issue task orders and begin work on those task orders in a very short time frame. 4. Access to financial advisory services during a base year and four option years (for a maximum of five possible years). The purpose of this RFI is to obtain feedback from interested firms as to the various pricing structures used in the financial advisory community. Background PBGC currently has multiple-award-schedule, indefinite delivery, indefinite quantity contracts (IDIQ) with seven firms to provide financial advisory services to DISC. Those contracts currently expire on 30 September 2011. Going forward, PBGC is considering replacing those contracts with two sets of IDIQ contracts, one for services in support of bankruptcy & restructuring activities and one in support of transactions. These contracts will be task order contracts, meaning that the firms selected for the new IDIQ contracts will then compete for awards of specific task orders whenever DISC determines it needs outside financial advisory services. Both sets of contracts are likely to be performance based, and will possibly provide incentives for selected firms to obtain certain results in either the bankruptcy/restructuring activities or the transactions. The same firms will be eligible to compete and receive awards for both the Bankruptcy/Restructuring and Transaction Support IDIQ contracts. Proposed Structure: Transaction Support The IDIQ contracts PBGC proposes to award will contain general requirements that each firm must be prepared to meet. Specific activities that the firms will have to undertake for each transaction will be set out in each task order. Because each transaction is unique, it is difficult to state in advance and with particularity what deliverable items the selected firm would have to provide in each task order. Thus a pricing arrangement providing for payment by deliverable item is probably not practical. Additionally, transactions are typically fixed in time and relatively short in duration, so PBGC is considering a flat rate for the entire transaction. PBGC is also considering ways in which to provide a monetary incentive arrangement based on targets that the firm would strive to meet. Request PBGC is aware that financial advisory firms use a variety of pricing structures in commercial activities and that those structures differ according to the types of firms involved (e.g., investment banks, financial consulting firms, and accounting firms). PBGC therefore requests that interested firms review the attached proposed Performance Work Statement for transactions and provide PBGC with feedback. Specifically, we would like to know (1) whether your firm would be interested in bidding on a contract for these services; (2) what types of pricing structures you have seen and used in similar situations; and (3) what ideas you have as to how PBGC might best structure the pricing component its procurement for transactional support (See attached Draft Request for Proposal). Responses Send your responses to Fiorela Kvalevog, contracts specialist, at Kvalevog.fiorela@pbgc.gov. We ask that you submit your responses no later than 2:00pmEaster Standard Time on April 18, 2011. Disclaimer and Important Information This Request for Information is for informational purposes only. Please be aware that any information posted to this notice is only a draft version. The official solicitation and any amendments will be available through the Federal Business Opportunities (FBO) website, www.fbo.gov. It is anticipated that the solicitation will be issued on or about May 6, 2011. Interested parties are responsible for monitoring the FBO website to ensure that the most up to date information is accessed. Paper copies of the solicitation and any amendments will not be distributed. Upon issuance of the solicitation, there will be an identified question and answer period. Further inquiries regarding this solicitation must be sent to Fiorela Kvalevog, Contract Specialist at kvalevog.fiorela@pbgc.gov. The anticipated IDIQ contract has a period of performance of a base period of twelve (12) months and Four (4) option periods consisting of twelve (12) months each. In order to be eligible for award, all responsible sources must be registered in the Central Contractor Registration (CCR) database. Contractors may register online at the website, www.ccr.gov.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/PBGC/CMO/PD/PBGC01-RP-11-0012/listing.html)
- Place of Performance
- Address: Pension Benefit Guaranty Corporation, 1200 K Street, NW, Suite 1090, Washington, District of Columbia, 20005, United States
- Zip Code: 20005
- Zip Code: 20005
- Record
- SN02421426-W 20110413/110411234129-186dd5dbb20cfd7557919a1174b15144 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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