Smaller asset managers pilot program
Ended Definitive Contract Awarded Last action
- Contract number
- 16PBGC22C0007
- Awardee
-
LM Capital Group, LLC UEI SCKBBYQ4G631
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $323,039
Award facts
- Opportunity
-
- 16PBGC22Q0011 Solicitation number
- Contract value 100% obligated
- $323,038.75 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 523920 Portfolio Management
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20005, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$141,961 | |
| Exercise an Option | $200,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $70,000 | |
| Original award | $195,000 |
About this award
The Pension Benefit Guaranty Corporation awarded L M Capital Group LLC a $323,038.75 Firm Fixed Price Definitive Contract for the Smaller Asset Managers Pilot Program. The contract has a period of performance from December 23, 2021 through June 30, 2023 and will be performed in Washington, D.C. 20005. Under this contract, L M Capital Group LLC will provide asset management services to smaller pension plans as part of the Pension Benefit Guaranty Corporation's pilot program to help expand retirement plan options for small- and medium-sized businesses. No applicable subcontractors were identified in the award information.
Quick answers
Who was awarded contract 16PBGC22C0007?
16PBGC22C0007 was awarded to LM Capital Group, LLC by Pension Benefit Guaranty Corporation on December 23, 2021.
How much is contract 16PBGC22C0007 worth?
The government has obligated $323,039 on 16PBGC22C0007.
Was contract 16PBGC22C0007 competed?
The extent of competition for 16PBGC22C0007 was not competed. The government received 1 offer.
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