SOLICITATION NOTICE
R -- FRTIB Life Annuity - Package #1 - Package #2 - Package #3 - Package #4 - Package #5 - Package #6 - Package #7 - Package #8 - Package #9 - Package #10 - Package #11 - Package #12 - Package #13
- Notice Date
- 12/19/2013
- Notice Type
- Combined Synopsis/Solicitation
- NAICS
- 524113
— Direct Life Insurance Carriers
- Contracting Office
- Federal Retirement Thrift Investment Board, Office of Financial Service, Office of Financial Service-Procurement and Contracts, 77 K Street NE, Suite 10000, Washington, District of Columbia, 20002, United States
- ZIP Code
- 20002
- Solicitation Number
- TIB-2014-RFP-0002
- Archive Date
- 2/18/2014
- Point of Contact
- Timothy B. Costas, Phone: 2029421689
- E-Mail Address
-
timothy.costas@tsp.gov
(timothy.costas@tsp.gov)
- Small Business Set-Aside
- N/A
- Description
- Attachment J.1.2 Attachment 1 - General Information Attachment 8.2 - Past Performance Package Standard Form 33 - Solicitation Cover Page Attachment 4 - FRTIB Financial Statements 2011/2012 Attachment 8.1 - Past Performance Consent Letter Solicitation Number TIB-2014-RFP-0002 - FRTIB Life Annuity Program Attachment 3 - Annuity Calculation Attachment J.1.1 Attachment 7 - Reports Attachment 6 - TSP Withdrawals Attachment 5 - TSP Plan Summary Attachment 2 - Factor Tables The Federal Retirement Thrift Investment Board (FRTIB) is soliciting a Request for Proposal (RFP) for the Thrift Savings Plan (TSP) annuity program. Federal Law sets forth five annuity methods that are required to be made available to eligible TSP participants and beneficiaries. The TSP is a retirement savings plan for Federal and Postal employees, and members of the Uniformed Services, similar to private sector 401k plans, with an approximate value of $375 billion. As of September 2013, the TSP had approximately 4,620,000 participants. As of September 2013, year-to-date post-separation withdrawals have included 1,183 annuities, totaling approximately $176.9 million. The Agency anticipates a performance period comprised of a three-year base period, along with one, two-year option period. The award will be made on a competitive basis utilizing a best value source selection procedure. Offerors will first have to demonstrate that they meet minimum Industry Financial Rating Standards compliance. The Technical Proposal contains the following evaluation factors: (1) Financial Responsibility and Solvency, (2) Administrative Capability, and (3) Business Plan. Evaluation of the pricing portion will be based upon the offeror's proposed Annuity Payment Rate. All information required for submission of a proposal is identified in the attached solicitation and attachments. The Agency anticipates award no later than April 30, 2014. All interested parties must be registered with the System for Award Management (SAM). SAM can be accessed at www.sam.gov, or by calling 1-888-606-8220. All prospective offerors interested in submitting a proposal must have a Commercial and Government Entity (CAGE) code. Questions regarding this solicitation are due by January 15, 2014, 3:30 PM (EDT), and should be sent to: frtibcontracting@tsp.gov (In the subject line please reference TIB-2014-RFP-0002 - Life Annuity/Attn: Mr. Tim Costas). All responses to questions will be posted on Fedbizopps (www.fbo.gov). Proposals are due by February 03, 2014, 3:30 PM (EDT). The FRTIB is an independent Federal agency in the Executive Branch created by the Federal Employees' Retirement System Act of 1986 (FERSA). The mission of the FRTIB is to administer the TSP solely in the interest of participants and beneficiaries. Some of the Federal Acquisition Regulation (FAR) language is applicable to this procurement; however, as a non-appropriated fund Agency, the Agency is not bound by all portions of the FAR.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/FRTIB/OA/WashingtonDC/TIB-2014-RFP-0002/listing.html)
- Record
- SN03255131-W 20131221/131219234548-686fcef301bca0c9ee02713013a617d6 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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