Provide securities and lending

Ended Definitive Contract Awarded Last action

Contract number
16PBGC22C0001
Awardee
Awarding agency
Obligated
$118,857

Award facts

Opportunity
Contract value 34% obligated
  • $118,857.00 Current, with exercised options
  • $345,100.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
523930 Investment Advice
Set-aside
No set-aside
Competition
Competed under SAP · 2 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20005, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00004 $0
Other Administrative Action P00003 · DE-obligate funding from 16PBGC22C0001 in the amount of $2,000.00 -$2,000
Funding Only Action P00002 · Cost incurred between november 16, 2023 through december 4, 2023 $2,857
Exercise an Option P00001 · Benchmarking services $58,000
Original award $60,000

About this award

This definitive, firm fixed-price federal contract was awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian government agency, to Finadium LLC, a for-profit limited liability company. The $345,100.00 contract is for Finadium to provide securities lending benchmarking services, including performance metric analysis, cash collateral reinvestment fund review, market commentary, and up to 10 hours of annual ad hoc advisory services. This contract was awarded on November 15, 2021 and has a base period of performance through November 14, 2022, with four optional one-year extensions. The original solicitation sought these services to compare the PBGC's custodian agent lending program performance to industry peers. There was no set-aside designation for this procurement.

Quick answers

Who was awarded contract 16PBGC22C0001?

16PBGC22C0001 was awarded to Finadium LLC by Pension Benefit Guaranty Corporation on November 15, 2021.

How much is contract 16PBGC22C0001 worth?

The government has obligated $118,857 on 16PBGC22C0001. Its potential value, with all options, is $345,100.

Was contract 16PBGC22C0001 competed?

The extent of competition for 16PBGC22C0001 was competed under sap. The government received 2 offers.

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