This is a stand-alone contract number 16PBGC24R0012. IT is a FFP contract with a period of performance from 4/1/2025-3/31/2030 replacing the existing FFP contract number 16PBGC20C0011 that expires…

Active Definitive Contract Awarded Last action

Contract number
16PBGC25C0053
Awardee
Awarding agency
Obligated
$7,037,949

Award facts

Opportunity
Contract value 32% obligated
  • $7,037,949.04 Current, with exercised options
  • $21,776,261.83 Potential, with all options
Completion date 32% 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
Washington, DC 20224, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00005 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00004 $0
Other Administrative Action P00003 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Exercise an Option P00002 · This modification exercises and fully funds option period 1 in the amount of $3,522,946.04 for the period of performance from april 1, 2026 through march 31,… $3,522,946
Supplemental Agreement for work within scope P00001 · The purpose of this modification is to incorporate the revised pricing schedule (section B) and performance work statement (section C) which together reflect… $0
Original award $3,515,003

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a $21.8 million definitive contract to BAE Systems Technology Solutions & Services Inc. on March 31, 2025, for premium operations support services under firm fixed price, replacing the prior contract expiring that same date. No set-aside was used.

The originating solicitation seeks professional services for PBGC's Financial Operations Department and Collection and Compliance Division, including technical, financial, accounting, and auditing support to sustain the premium enforcement and debt collection program, maintain unqualified audit opinion on annual financial statements, and support implementation and maintenance of PBGC's financial management and accounting systems. Performance of work is in Washington, DC 20224. The contract runs from April 1, 2025 through March 31, 2030, consisting of a one-year base period with four one-year option periods. Proposals were evaluated on technical approach, corporate experience, and price in full and open competition.

Description

As the agency reported it.

This is a stand-alone contract number 16PBGC24R0012. IT is a FFP contract with a period of performance from 4/1/2025-3/31/2030 replacing the existing FFP contract number 16PBGC20C0011 that expires on 03/31/2025. This purpose of this contract is

Quick answers

Who was awarded contract 16PBGC25C0053?

16PBGC25C0053 was awarded to BAE Systems Technology Solutions & Services Inc. by Pension Benefit Guaranty Corporation on March 31, 2025.

How much is contract 16PBGC25C0053 worth?

The government has obligated $7,037,949 on 16PBGC25C0053. Its potential value, with all options, is $21,776,262.

Was contract 16PBGC25C0053 competed?

The extent of competition for 16PBGC25C0053 was full and open competition. The government received 3 offers.

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