On July 6, 2012, President Obama signed the Moving Ahead for Progress in the 21st Century Act (MAP-21, Pub. L. No. 112-141). Section 40233(a) of MAP-21 requires the PBGC to contract with a capable agency or organization that is independent of the PBGC to conduct annual peer reviews of SE PIMS and ME PIMS.
The objectives of the current peer review are to provide a targeted peer review of the current modeling of bankruptcy and industry-wide clusters of bankruptcies (in the single-employer context) and contagion effects within the PIMS models. PBGC will update this page with the results of the peer review when finalized.
PBGC PIMS Peer Review Request For Information (RFI)
PBGC is issuing this Request For Information (RFI) to request responses from qualified businesses with expert knowledge and a comprehensive understanding of financial simulations and modeling, which are capable of meeting the requirements below. The responses to this RFI will contribute to determining the method of procurement and contract type, identify the basic review approach, and identify parties having an interest in and the resources to support this requirement. PBGC intends to award a contract in FY 2018 with a six to nine month period of performance, including major deliverables.