Recompete of PBGC01CT160005

Active Definitive Contract Awarded Last action

Contract number
16PBGC25C0051
Awardee
Awarding agency
Obligated
$2,855,100

Award facts

Opportunity
  • 16PBGC24R0008 Solicitation number
Contract value 100% obligated
$2,855,100.00 Current and potential, with all options
Completion date 14% complete
  • Current, with exercised options
  • Potential, with all options
NAICS code
541219 Other Accounting Services
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
San Francisco, CA 94105, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00008 · The purpose of this modification is to incorporate a revised investment management addendum and add a trading annex to support derivatives use. This is a… $0
Funding Only Action P00007 · Obligate FY25 funding $15,000
Exercise an Option P00006 · The purpose of this modification is to exercise and fund option period 1 and to incorporate far clause 52.222-90 to comply with executive order 14398,… $1,295,100
Other Administrative Action P00005 $0
Other Administrative Action P00004 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Funding Only Action P00003 · Add additional funding to base clins on index portfolio management and transition management services (IPM & TM) contract $645,000
Supplemental Agreement for work within scope P00002 · The purpose of this modification is to add two index funds at no additional cost to the government. $0
Other Administrative Action P00001 · The purpose of this modification is to add fixed income ETF portfolios at no additional cost to the government. $0
Original award $900,000

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a definitive contract to Blackrock Institutional Trust Company National Association for investment management services on May 15, 2025, with a ceiling value of $2,855,100.

This is a recompete of a prior contract and incorporates a revised investment management addendum and trading annex to support derivatives use via a no-cost modification. Place of performance is San Francisco, CA 94105. The contract extends through June 30, 2035, under firm fixed-price terms with no set-aside applied.

Quick answers

Who was awarded contract 16PBGC25C0051?

16PBGC25C0051 was awarded to Blackrock Institutional Trust Company National Association by Pension Benefit Guaranty Corporation on May 15, 2025.

How much is contract 16PBGC25C0051 worth?

The government has obligated $2,855,100 on 16PBGC25C0051.

Was contract 16PBGC25C0051 competed?

The extent of competition for 16PBGC25C0051 was full and open competition. The government received 3 offers.

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