Plan asset evaluation professional services

Ended Awarded Last action

Contract number
16PBGC20M0017
Awardee
Awarding agency
Obligated
$2,510,388

Award facts

Opportunity
  • 16PBGC20Q0065 Solicitation number
Contract value 59% obligated
$4,231,423.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Time and Materials
Place of performance
Washington, DC 20005, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00010 -$1,680,160
Funding Only Action P00009 · Plan asset evaluation. $230,126
Funding Only Action P00008 -$40,875
Supplemental Agreement for work within scope P00007 · Fully fund OY1 $25,793
Supplemental Agreement for work within scope P00006 $0
Supplemental Agreement for work within scope P00005 $431,128
Supplemental Agreement for work within scope P00004 -$33
Supplemental Agreement for work within scope P00003 · Plan asset evaluation professional support services $4,000
Exercise an Option P00002 $1,785,135
Supplemental Agreement for work within scope P00001 $0
Original award $1,755,274
Show all 11

About this award

Kpmg LLP - doing business as Kpmg LLP Federal Services - has been awarded a $4.2 million contract by the Pension Benefit Guaranty Corporation to provide professional asset evaluation services. Under the terms of the time and materials contract, which utilizes the Multiple Award Schedule contracting vehicle, Kpmg will support the agency's evaluation of pension plan assets through December 2022. No subcontractors or set aside designations were indicated. The contract award is consistent with the PBGC's mission to protect the retirement benefits of nearly 40 million American workers through oversight of defined benefit pension plans.

Quick answers

Who was awarded contract 16PBGC20M0017?

16PBGC20M0017 was awarded to Kpmg LLP by Pension Benefit Guaranty Corporation on September 30, 2020.

How much is contract 16PBGC20M0017 worth?

The government has obligated $2,510,388 on 16PBGC20M0017. Its current value, with exercised options, is $4,231,423.

Is contract 16PBGC20M0017 an order under another contract?

Yes. 16PBGC20M0017 is a BPA call under GS00F275CA-PBGC01BP160010, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 16PBGC20M0017 competed?

The extent of competition for 16PBGC20M0017 was full and open competition. The government received 3 offers.

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