Boil salted water in a large pot. Add pasta and cook according to package instructions for 8-10 minutes. Drain and rinse under cold water.

Thaw frozen peas. Cook bacon in a skillet over medium heat for 6-8 minutes until crispy. Crumble bacon into bite-sized pieces and grate Parmesan cheese.

In a medium bowl, whisk mayonnaise, olive oil, apple cider vinegar, and granulated sugar until smooth. Add salt, garlic powder, onion powder, and black pepper to taste.

In a large bowl, combine cooled pasta, peas, crumbled bacon, and grated Parmesan. Pour dressing over and stir until well coated.

Cover with plastic wrap and chill for 1-2 hours before serving. Stir gently before serving.