Portfolio management & investment advice

Active Definitive Contract Awarded Last action

Contract number
16PBGC24C0034
Awardee
Awarding agency
Obligated
$3,043,474

Award facts

Opportunity
  • 16PBGC24R0001 Solicitation number
Contract value 100% obligated
$3,043,474.38 Current and potential, with all options
Completion date 28% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 26 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Seattle, WA 98101, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00009 · The purpose of this modification is to increase aums to exceed $1B, update the tiered fee schedules to account for increases in aums to exceed $1B, and increase… $0
Other Administrative Action P00008 · Alignment of AMS clins with the contract's price schedule. $0
Supplemental Agreement for work within scope P00007 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00006 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Funding Only Action P00005 · Deobligate expired funds from previous FY and add an alternate COR -$11,526
Exercise an Option P00004 · Exercise and fund option period 2 description: provide active investment management and related services for a U.S. Core fixed income portfolio. Construct a… $1,100,000
Exercise an Option P00003 · The purpose of this modification is to exercise option period 1. $1,025,000
Funding Only Action P00002 · The purpose of this modification is to increase base period funding by $80,000 from $850,000 to $930,000. $80,000
Funding Only Action P00001 · The purpose of this modification is to add incremental funding and increase the ceiling of the contract. $750,000
Original award $100,000

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a definitive contract to Pugh Capital Management Inc. for portfolio management and investment advice on January 1, 2024, with a ceiling value of $3,043,474.38 and performance through December 31, 2033.

The modification increases assets under management to exceed $1 billion, updates tiered fee schedules to reflect the higher AUM level, and increases minimum insurance requirements. All other terms and conditions remain unchanged. Pugh Capital Management Inc. is a minority-owned, woman-owned small business and self-certified small disadvantaged business. Place of performance is Seattle, WA. The contract is firm fixed price with no set-aside applied.

Quick answers

Who was awarded contract 16PBGC24C0034?

16PBGC24C0034 was awarded to Pugh Capital Management Inc. by Pension Benefit Guaranty Corporation on January 1, 2024.

How much is contract 16PBGC24C0034 worth?

The government has obligated $3,043,474 on 16PBGC24C0034.

Was contract 16PBGC24C0034 competed?

The extent of competition for 16PBGC24C0034 was full and open competition. The government received 26 offers.

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