Bloomberg anywhere-pbgc encountered a funding obligation issue on contract 16PBGC24C0048. To correct this issue, pbgc performed a corrective action changing the contract from 16PBGC24C0048 to…

Active Definitive Contract Awarded Last action

Contract number
16PBGC25C0001
Awardee
Awarding agency
Obligated
$2,204,088

Award facts

Contract value 43% obligated
  • $2,204,087.81 Current, with exercised options
  • $5,133,699.81 Potential, with all options
Completion date 58% complete
  • Current, with exercised options
  • Potential, with all options
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
Exercise an Option P00009 · The purpose of this modification is to exercise option period 3 for the period of 10/25/26 - 10/24/27. $702,532
Supplemental Agreement for work within scope P00008 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00007 · The purposes of this unilateral administrative modification are to upload the clauses formerly as an attachment to the contract writing system and build out the… $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
Other Administrative Action P00005 · Change in contracting officer representative $0
Exercise an Option P00004 · Exercise option period 2 $508,415
Other Administrative Action P00003 · The purpose of this modification is to update the contracting officer's representative information in the conformed task order. $0
Exercise an Option P00002 · The purpose of this modification is to exercise option period one with a POP of october 25,2024 through october 24, 2025 of the conformed contract. $531,215
Supplemental Agreement for work within scope P00001 · The purpose of this modification is to RE-establish the POP to capture the GAP period of 10/25/23-3/2/24. The new total contract POP now runs 10/25/23-10/24/28. $0
Original award $461,926

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a $5.13 million ceiling, firm-fixed-price definitive contract to Bloomberg Finance LP for Bloomberg Anywhere subscriptions on March 4, 2024, with no set-aside used. The current action is a modification exercising option period 3, covering October 25, 2026 through October 24, 2027, with an ultimate completion date of October 24, 2028.

The modification also corrects a funding obligation issue by changing the contract number from 16PBGC24C0048 to 16PBGC25C0001. Place of performance is Washington, DC.

Description

As the agency reported it.

Bloomberg anywhere-pbgc encountered a funding obligation issue on contract 16PBGC24C0048. To correct this issue, pbgc performed a corrective action changing the contract from 16PBGC24C0048 to 16PBGC25C0001.

Quick answers

Who was awarded contract 16PBGC25C0001?

16PBGC25C0001 was awarded to Bloomberg Finance LP by Pension Benefit Guaranty Corporation on March 4, 2024.

How much is contract 16PBGC25C0001 worth?

The government has obligated $2,204,088 on 16PBGC25C0001. Its potential value, with all options, is $5,133,700.

Was contract 16PBGC25C0001 competed?

The extent of competition for 16PBGC25C0001 was not competed. The government received 1 offer.

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