In a large pot of salted boiling water, add the pasta. Cook according to package instructions. Drain and rinse the pasta with cold water. Drain the pasta well after rinsing.
In a large bowl, combine the pasta, bell peppers, tomatoes, and olives. Add the dressing and stir until pasta noodles and vegetables are well coated.
Stir in the basil and Parmesan cheese. Season with salt and black pepper, to taste. Serve at room temperature or cold.
Notes
Store the salad in an airtight container in the fridge for 3 to 5 days. Toss with extra dressing before serving, if necessary.