Smaller asset managers pilot program
Ended Definitive Contract Awarded Last action
- Contract number
- 16PBGC22C0009
- Awardee
-
Pugh Capital Management Inc. UEI DQJ7MXRL9JC8
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $1,088,936
Award facts
- Opportunity
-
- 16PBGC22Q0012 Solicitation number
- Contract value 82% obligated
-
- $1,088,935.92 Current, with exercised options
- $1,327,500.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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
- Seattle, WA 98101, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | -$238,564 | |
| Exercise an Option | $400,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $602,500 | |
| Original award | $325,000 |
About this award
The Pension Benefit Guaranty Corporation awarded Pugh Capital Management Inc. a $1,327,500 firm fixed price definitive contract for the Smaller Asset Managers Pilot Program. The contract will run from December 23, 2021 through June 30, 2023 with all work to be performed in Seattle, Washington. Under this contract, Pugh Capital Management Inc. will provide asset management services to the Pension Benefit Guaranty Corporation as part of their pilot program to utilize smaller asset managers. No applicable subcontractors were identified in the award information provided.
Quick answers
Who was awarded contract 16PBGC22C0009?
16PBGC22C0009 was awarded to Pugh Capital Management Inc. by Pension Benefit Guaranty Corporation on December 23, 2021.
How much is contract 16PBGC22C0009 worth?
The government has obligated $1,088,936 on 16PBGC22C0009. Its potential value, with all options, is $1,327,500.
Was contract 16PBGC22C0009 competed?
The extent of competition for 16PBGC22C0009 was not competed. The government received 1 offer.
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