Expert financial advisory services for prospect medical bankruptcy.

Ended Definitive Contract Awarded Last action

Contract number
16PBGC25C0055
Awardee
Awarding agency
Obligated
$1,505,000

Award facts

Opportunity
Contract value 61% obligated
  • $1,505,000.00 Current, with exercised options
  • $2,472,500.00 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Competed under SAP · 4 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
New York, NY 10019, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00003 $0
Other Administrative Action P00002 · Modification to correct option line items and total contract value. $0
Other Administrative Action P00001 $0
Original award $1,505,000

About this award

The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a $2,472,500.00 firm-fixed-price definitive contract to Stifel, Nicolaus & Co, Incorporated for expert financial advisory services related to the bankruptcy of Prospect Medical Holdings, Inc. The contract has a period of performance from March 7, 2025, to March 6, 2027, with a potential six-month extension. This unset-aside contract was awarded under NAICS code 541611 with a $24.5 million size standard. The contractor will provide comprehensive financial analysis, valuation, and strategic recommendations to PBGC's Corporate Finance and Restructuring Department for managing the pension plan risks associated with the Prospect Medical bankruptcy.

Quick answers

Who was awarded contract 16PBGC25C0055?

16PBGC25C0055 was awarded to Stifel, Nicolaus & Co, Incorporated by Pension Benefit Guaranty Corporation on March 5, 2025.

How much is contract 16PBGC25C0055 worth?

The government has obligated $1,505,000 on 16PBGC25C0055. Its potential value, with all options, is $2,472,500.

Was contract 16PBGC25C0055 competed?

The extent of competition for 16PBGC25C0055 was competed under sap. The government received 4 offers.

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