Investment risk management system (irms)

Ended Definitive Contract Awarded Last action

Contract number
16PBGC17C5002
Awardee
Awarding agency
Obligated
$7,628,372

Award facts

Opportunity
Contract value 100% obligated
$7,628,372.00 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 · 4 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
New York, NY 10022, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00015 -$3,608
Exercise an Option P00014 · Risk management services $693,750
Exercise an Option P00013 $1,387,500
Other Administrative Action P00012 $0
Exercise an Option P00010 $1,387,500
Funding Only Action P00011 -$31,851
Other Administrative Action P00008 $0
Exercise an Option P00007 $1,387,500
Funding Only Action P00006 -$1,121
Other Administrative Action P00005 $0
Funding Only Action P00004 $30,000
Other Administrative Action P00003 $0
Funding Only Action P00002 · Investment risk management systems (irms) $1,388,351
Exercise an Option P00001 $1,000
Original award $1,389,351
Show all 15

About this award

Blackrock Financial Management Inc., doing business as Blackrock Financial Mgmt, has been awarded a $7,628,372 firm fixed price definitive contract by the Pension Benefit Guaranty Corporation for the Investment Risk Management System (IRMS). Under this contract, Blackrock will deliver an investment risk management system to support the agency's analysis and oversight of risks for pension plan assets and investments. The contract is to be completed by March 27, 2023. No set-aside designation was applied to this award.

Quick answers

Who was awarded contract 16PBGC17C5002?

16PBGC17C5002 was awarded to Blackrock Financial Management Inc. by Pension Benefit Guaranty Corporation on September 28, 2017.

How much is contract 16PBGC17C5002 worth?

The government has obligated $7,628,372 on 16PBGC17C5002.

Was contract 16PBGC17C5002 competed?

The extent of competition for 16PBGC17C5002 was full and open competition. The government received 4 offers.

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