Bid guide
How to bid on FY26 PIMS Peer Review on Plan Sponsor Health for PBGC
What the agency is buying and why it matters
The Pension Benefit Guaranty Corporation (PBGC) needs an independent contractor to perform a targeted peer review of its Single-Employer (SE) and Multiemployer (ME) Pension Insurance Modeling System (PIMS) models for 2026–2027. This review will specifically focus on how these models use assumptions and methods to reflect the financial health of pension plan sponsors.
The PIMS models are crucial for PBGC's annual Projections Report, which forecasts the financial position of its insurance programs, and for analyzing legislative proposals. This opportunity is for firms with expertise in defined benefit pension plan modeling.
Key dates and what happens at the deadline
This Request for Proposal (RFP) was published on August 06, 2026. The deadline for submitting your proposal is August 20, 2026, at 2:00 PM ET. All proposals must be submitted by this time.
It is important to submit your response well before the deadline to avoid any last-minute technical issues.
Who this opportunity suits
This opportunity is best suited for independent agencies or organizations with significant experience and expertise in modeling defined benefit pension plans. The review requires a deep understanding of the assumptions and methods used to assess the financial health of plan sponsors. Subcontracting is permitted if it helps accomplish the review.
The work falls under the professional services category, specifically for firms capable of conducting detailed financial and actuarial model reviews.
How to respond
To access the full solicitation documents, you will need to go to the original source portal. Click the 'View original source' link. If the first click takes you to the portal's homepage, click the link again to go directly to the bid.
You may need to create a free account on the portal to view all documents, though for some bids, this is not required.
Practical tips for a competitive response
When preparing your proposal, clearly demonstrate your firm's expertise in defined benefit pension plan modeling. Highlight specific experience with peer reviews or similar analytical work involving complex financial models. Emphasize your understanding of pension plan sponsor financial health assessment.
Address how your proposed approach aligns with PBGC's objectives for a targeted review, and consider suggesting refinements based on your firm's experience. If you plan to use subcontractors, clearly outline their roles and qualifications to show how they will contribute to the review's success.
See the live bid — deadline, agency details, and how to respond
Dates and requirements can change via addenda; always verify on the bid page and at the original source before responding.
View this bid on BiddingSimpleThis guide was prepared by BiddingSimple from the solicitation’s public posting. It is not official guidance from Pension Benefit Guaranty Corporation; the original posting controls.