Portfolio management services

Ended Definitive Contract Awarded Last action

Contract number
16PBGC24C0037
Awardee
Awarding agency
Obligated
$2,140,516

Award facts

Contract value 100% obligated
$2,140,515.84 Current and potential, with all options
Completion date 100% complete
Current and 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
Washington, DC 20024, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00008 · DE-obligation of excess FY-25 and FY-26 funds in preparation for contract closeout. -$411,481
Terminate for Convenience P00007 · The purpose of this modification is to fully terminate the contract for the government's convenience. This termination is in accordance with far 52.212-4(l)… $0
Other Administrative Action P00005 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Funding Only Action P00004 · Deobligate expired funds -$98,003
Exercise an Option P00003 · Exercise and fund option period 2 description: provide active investment management and related services for a U.S. Core fixed income portfolio. Construct a… $900,000
Exercise an Option P00002 · The purpose of this modification is to exercise option period 1 of the conformed contract. $850,000
Funding Only Action P00001 · The purpose of this modification is to add funding to the contract. $800,000
Original award $100,000

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a $2.14 million definitive firm fixed price contract to New Century Advisors LLC for portfolio management services on January 1, 2024, with no set-aside used.

The contract addresses de-obligation of excess FY-25 and FY-26 funds in preparation for contract closeout. Place of performance is Washington, DC 20024. The ultimate completion date is July 29, 2026. New Century Advisors LLC is a self-certified small disadvantaged, woman-owned limited liability company.

Quick answers

Who was awarded contract 16PBGC24C0037?

16PBGC24C0037 was awarded to New Century Advisors LLC by Pension Benefit Guaranty Corporation on January 1, 2024.

How much is contract 16PBGC24C0037 worth?

The government has obligated $2,140,516 on 16PBGC24C0037.

Was contract 16PBGC24C0037 competed?

The extent of competition for 16PBGC24C0037 was full and open competition. The government received 26 offers.

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