Trusted accounting system application support
Active Definitive Contract Awarded Last action
- Contract number
- 16PBGC24C0031
- Awardee
-
Eagle Investment Systems LLC UEI PLPNM78S1E62 Part of The Bank Of New York Mellon Corporation
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $4,971,516
Award facts
- Opportunity
-
- RFI – Investment Portfolio Accounting Managed Service for PBGC’s Trust Accounting System (TAS) Pre-Solicitation · 16PBGC23Q0030 · Posted Nov 2, 2022
- Contract value 23% obligated
-
- $4,971,516.00 Current, with exercised options
- $21,357,604.00 Potential, with all options
- Completion date 28% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20024, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,732,632 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,656,012 | |
| Other Administrative Action | $0 | |
| Original award | $1,582,872 |
About this award
The Pension Benefit Guaranty Corporation awarded a definitive contract to Eagle Investment Systems LLC for trusted accounting system application support on January 1, 2024, with a ceiling value of $21,357,604 and no set-aside.
Place of performance is Washington, DC. The originating solicitation, posted as a pre-solicitation request for information in November 2022, sought investment portfolio accounting solutions deployable as a secure hosted managed service through commercial off-the-shelf product. PBGC indicated preference for solutions with demonstrated federal implementation experience to support its investment portfolio accounting needs. The contract carries a firm fixed price structure and ultimate completion date of December 31, 2033.
Quick answers
Who was awarded contract 16PBGC24C0031?
16PBGC24C0031 was awarded to Eagle Investment Systems LLC by Pension Benefit Guaranty Corporation on January 1, 2024.
How much is contract 16PBGC24C0031 worth?
The government has obligated $4,971,516 on 16PBGC24C0031. Its potential value, with all options, is $21,357,604.
Was contract 16PBGC24C0031 competed?
The extent of competition for 16PBGC24C0031 was not competed. The government received 1 offer.
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