New contract as a result of a name change to contract PBGC01-CT-17-0028

Ended Definitive Contract Awarded Last action

Contract number
16PBGC22C0015
Awardee
Awarding agency
Obligated
$11,356,565

Award facts

Contract value 16% obligated
  • $0.00 Current, with exercised options
  • $70,440,000.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
523920 Portfolio Management
Set-aside
No set-aside
Competition
Full and Open Competition · 20 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 · EST date completion modification $0
Exercise an Option P00001 · Financial management services $11,356,565
Original award $0

About this award

The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a $70,440,000.00 definitive, firm fixed-price contract to Marathon Asset Management LIMITED. This contract, which has no set-aside designation, is a result of a name change to the previous contract PBGC01-CT-17-0028 and has a completion date of March 30, 2023. The contract will be performed at Fort Lesley J. McNair in Washington, D.C.

Quick answers

Who was awarded contract 16PBGC22C0015?

16PBGC22C0015 was awarded to Marathon Asset Management LIMITED by Pension Benefit Guaranty Corporation on March 31, 2022.

How much is contract 16PBGC22C0015 worth?

The government has obligated $11,356,565 on 16PBGC22C0015. Its potential value, with all options, is $70,440,000.

Was contract 16PBGC22C0015 competed?

The extent of competition for 16PBGC22C0015 was full and open competition. The government received 20 offers.

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