The purpose of this contract is to provide pension benefit administration services.

Ended Definitive Contract Awarded Last action

Contract number
16PBGC20C0018
Awardee
Awarding agency
Obligated
$7,308,215

Award facts

Opportunity
Contract value 88% obligated
$8,323,271.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00017 · DE-obligate FY-23 and FY-24 funds in preparation for contract closeout. -$290,495
Funding Only Action P00016 · DE-obligate prior year funds. -$233,723
Other Administrative Action P00015 · The purpose of this contract is to provide the office of benefits administration with administration support services for members of the sears holdings… -$8,600
Other Administrative Action P00014 · Change COR. $0
Exercise an Option P00013 · The purpose of this modification is to exercise a 6-month extension in accordance with far 52.217-8, obligate additional funds, and increase the ceiling.… $111,280
Exercise an Option P00012 · Benefits administration contractor support services for participants of two sears holdings pension plans. The program office for this contract is the pbgc… $220,815
Exercise an Option P00011 · The purpose of this modification is to exercise and fully fund option period four (benefit connect access) and to add obligated funding to the contract as shown… $69,680
Supplemental Agreement for work within scope P00010 · Additional performance periods $69,200
Funding Only Action P00009 -$260,528
Supplemental Agreement for work within scope P00008 · Pension benefit administration support services $119,190
Other Administrative Action P00007 · Provide benefits administration support services for the members of the sears holdings pension plans 1 and 2. -$335,555
Supplemental Agreement for work within scope P00006 $225,200
Funding Only Action P00005 $495,688
Supplemental Agreement for work within scope P00004 · Pension benefit administration support services $326,063
Other Administrative Action P00003 $0
Other Administrative Action P00002 · Benefit administration support services. $0
Exercise an Option P00001 · Pension benefit administration services - option period 1 $2,800,000
Original award $4,000,000
Show all 18

About this award

Written by GovTribe AI ·

This is a definitive contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Willis Towers Watson US LLC, a global consulting firm, to provide pension benefit administration services. The contract has a ceiling value of $8,323,271.00 and is a firm-fixed-price contract with a performance period ending on May 31, 2025. The contract was awarded on June 5, 2020 and does not have a set-aside designation. Willis Towers Watson US LLC has been awarded numerous prime federal contracts and task orders to provide its services across various federal agencies, often leveraging GSA Schedule contract vehicles.

Quick answers

Who was awarded contract 16PBGC20C0018?

16PBGC20C0018 was awarded to Willis Towers Watson US LLC by Pension Benefit Guaranty Corporation on June 5, 2020.

How much is contract 16PBGC20C0018 worth?

The government has obligated $7,308,215 on 16PBGC20C0018. Its current value, with exercised options, is $8,323,271.

Was contract 16PBGC20C0018 competed?

The extent of competition for 16PBGC20C0018 was not competed. The government received 1 offer.

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