Investment consulting services
Active Definitive Contract Awarded Last action
- Contract number
- 16PBGC22C0026
- Awardee
-
Mercer Investments LLC UEI KWBKB1XAX2M5 Part of Marsh & Mclennan Companies Inc.
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $5,956,592
Award facts
- Contract value 24% obligated
-
- $5,956,592.00 Current, with exercised options
- $24,574,900.00 Potential, with all options
- Completion date 41% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 523930 Investment Advice
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20024, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $1,239,784 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $78,000 | |
| Exercise an Option | $1,147,363 | |
| Exercise an Option | $1,199,945 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $70,000 | |
| Exercise an Option | $1,081,500 | |
| Supplemental Agreement for work within scope | $70,000 | |
| Supplemental Agreement for work within scope | $20,000 | |
| Original award | $1,050,000 |
Show all 13
About this award
The Pension Benefit Guaranty Corporation awarded a definitive contract to Mercer Investments LLC for investment consulting services on September 1, 2022, with a ceiling value of $24.57 million and no set-aside used.
This modification exercises option period four, with a period of performance running September 1, 2026 through August 31, 2027. The contract carries an ultimate completion date of August 31, 2032. Place of performance is Washington, DC 20024. The contract is priced on a firm fixed-price basis.
Quick answers
Who was awarded contract 16PBGC22C0026?
16PBGC22C0026 was awarded to Mercer Investments LLC by Pension Benefit Guaranty Corporation on September 1, 2022.
How much is contract 16PBGC22C0026 worth?
The government has obligated $5,956,592 on 16PBGC22C0026. Its potential value, with all options, is $24,574,900.
Was contract 16PBGC22C0026 competed?
The extent of competition for 16PBGC22C0026 was full and open competition. The government received 3 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award