Notice of Intent to Sole Source
Overview
Buyer
Place of Performance
NAICS
PSC
Set Aside
Original Source
Timeline
Qualification Details
Fit reasons
- NAICS alignment with historical contract wins in similar service areas.
- Scope strongly matches core technical capabilities and delivery model.
Risks
- Past performance thresholds may require one additional teaming partner.
- Potential clarification needed on staffing minimums before bid/no-bid.
Next steps
Validate eligibility requirements, assign capture owner, and schedule partner outreach to confirm teaming strategy before submission planning.
Quick Summary
The Pension Benefit Guaranty Corporation (PBGC) has issued a Notice of Intent to Sole Source a bridge contract to Schroder Investment Management North American Inc. for emerging market investment management services. This Special Notice is not a Request for Proposal (RFP) but aims to ensure continuity of services while the recompete for long-term contracts is under evaluation. Interested parties may request further information by March 10, 2026, 5:00 PM ET.
Purpose & Scope
The PBGC intends to award a bridge contract to provide essential investment management services for its Emerging Markets Equity (EME) sleeve. This includes daily oversight, trading, risk management, and compliance monitoring. The primary purpose is to ensure uninterrupted service delivery and avoid operational inefficiencies, financial detriment, and market risks during the transition period until new competitive long-term contracts are awarded.
Contract Details
- Opportunity Type: Special Notice / Notice of Intent to Sole Source
- Intended Awardee: Schroder Investment Management North American Inc.
- Duration: A base period of five months (March 30, 2026 – August 29, 2026) with a three-month option period (August 30, 2026 – November 29, 2026).
- Current Contract: PBGC01-CT-15-0043 with Schroder, expiring March 29, 2026.
- Place of Performance: Washington, DC, United States.
- Set-Aside: Not applicable, as this is a justification for other than full and open competition.
Context & Justification
The recompete for the next iteration of fundamental emerging market investment management services (solicitation 16PBGC25R0052) is currently in proposal evaluations, with awards expected by July 2026. This bridge contract is deemed necessary as a logical follow-on, leveraging Schroder's continuous provision of these specialized services since 2015, to maintain critical investment management functions without disruption.
Response & Deadlines
This is not a solicitation for proposals. Interested parties may request further information no later than March 10, 2026, 5:00 PM (Eastern Time). Requests should be sent via email to Rudy Baldus (Baldus.Carl@pbgc.gov) and Marius Morgan (Morgan.Marius@pbgc.gov). The Government retains sole discretion to determine if the proposed procurement will be competed based on responses to this notice.
- Information Request Deadline: March 10, 2026, 5:00 PM ET
- Published Date: March 9, 2026