LDI fixed income investment management

Active Definitive Contract Awarded Last action

Contract number
16PBGC18C0005
Awardee
Awarding agency
Obligated
$35,147,136

Award facts

Opportunity
  • PBGC01RP170014 Solicitation number
Contract value 100% obligated
$35,147,135.80 Current and potential, with all options
Completion date 89% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 7 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Boston, MA 02210, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00037 · Establishment of contract line-item numbers (CLINS) within the contract price schedule in AMS. $0
Supplemental Agreement for work within scope P00036 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00035 $0
Other Administrative Action P00034 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Other Administrative Action P00033 · The purpose of this modification is to deobligate unused funding from FY23 and FY24. Additionally, this modification adds alexis flowers as an alternate COR. -$3,285,910
Exercise an Option P00032 · The purpose of this modification is to exercise option period 8 and add funds in the amount of $4,800,000. $4,800,000
Exercise an Option P00031 · The purpose of this modification is to exercise an option period seven and incrementally fund the conformed contract. $4,500,000
Other Administrative Action P00030 · Deobligation -$956,553
Exercise an Option P00029 · The purpose of this modification is to exercise option period five and fully fund the option period. $6,000,000
Supplemental Agreement for work within scope P00028 $0
Other Administrative Action P00027 · Financial management services $0
Funding Only Action P00026 · Investment management services -$581,111
Exercise an Option P00025 $7,000,000
Funding Only Action P00024 · Financial management services $1,000,000
Other Administrative Action P00023 -$538,377
Exercise an Option P00022 $6,000,000
Other Administrative Action P00020 · Investment management services $0
Funding Only Action P00019 $500,000
Funding Only Action P00018 $2,960,000
Funding Only Action P00017 $883,527
Funding Only Action P00016 -$411,674
Supplemental Agreement for work within scope P00015 $0
Exercise an Option P00014 $1,500,000
Supplemental Agreement for work within scope P00013 $0
Funding Only Action P00012 $321,600
Funding Only Action P00011 $880,000
Funding Only Action P00010 $1,000,000
Funding Only Action P00009 -$123,867
Exercise an Option P00008 $500,000
Funding Only Action P00007 -$20,000
Funding Only Action P00006 $500,000
Funding Only Action P00005 $100,000
Funding Only Action P00004 $1,200,000
Exercise an Option P00003 $500,000
Funding Only Action P00002 $330,000
Funding Only Action P00001 $389,500
Original award $200,000
Show all 37

About this award

The Pension Benefit Guaranty Corporation awarded a definitive contract to Wellington Management Company LLP for fixed income investment management services on December 19, 2017, with a ceiling value of $35.1 million.

The contract establishes contract line-item numbers within the contract price schedule in the Agency Management System. Place of performance is Boston, MA. The contract carries firm fixed pricing and runs through December 18, 2027.

Quick answers

Who was awarded contract 16PBGC18C0005?

16PBGC18C0005 was awarded to Wellington Management Company LLP by Pension Benefit Guaranty Corporation on December 19, 2017.

How much is contract 16PBGC18C0005 worth?

The government has obligated $35,147,136 on 16PBGC18C0005.

Was contract 16PBGC18C0005 competed?

The extent of competition for 16PBGC18C0005 was full and open competition. The government received 7 offers.

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