Notice of Intent to Sole Source 16PBGC25R00XX
Summary
AI-generated · Sep 06, 2025Sole-source contract to provide cash flow tracking, performance measurement, reporting, collection of limited partnership (LP) documentation, and fiduciary recommendations for changes to LP documents on an ongoing basis. The minimum requirement includes cash flow tracking, performance measurement, reporting, LP documentation collection, and fiduciary advice for LP document changes; discussions with potential vendors indicate that firms focused on these tasks do not provide fiduciary guidance on LP partnerships and are not interested in offering such fiduciary services. The work must be performed continuously and begin immediately after the current contract ends, for a period of about five years.
This is a sole-source action under FAR 13.106-1(b)(1). The service is planned to commence right after the existing contract concludes and run for approximately five years.
This is a notice of intent to award a sole-source contract and is not a request for competitive quotes. The Pension Benefit Guaranty Corporation (PBGC) intends to award a sole-source purchase order using the procedures at FAR 13.106-1(b)(1), as it has been deemed that only one source is available to meet this specific requirement due to only one responsible source, and no other supplies or services will satisfy agency requirements. Based on discussions with potential vendors, firms that focus on cash flow tracking, performance measurement, reporting, gathering of LP documentation do not provide fiduciary advice on LP partnership changes and are not interested in doing so. The verified minimum requirement for this service is cash flow tracking, performance measurement, reporting and collection of LP documentation and fiduciary recommendations for changes to LP documents. The service needs to be provided continuously and should commence immediately after the current contract expires on 8/31/2025. The period of performance will be from 9/1/2025 8/31/2030.
From Presolicitation posted on Sep 04, 2025Notice history
1Details
Award Information
Not yet awarded
Contacts
Phone
Agency
Place of Performance
USA