Definitive Contract 16PBGC26C0002
- Not listed
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive, firm fixed-price contract to Ninety One North America, Inc. (UEI: NU1ZXK7GC3N3) on September 30, 2015, with a ceiling value of approximately $24.2 million. The contract is scheduled for ultimate completion on March 29, 2026, and will be performed in New York, NY. This award represents a deobligation of expired funds and was not designated under any set-aside program. As a civilian agency, the PBGC administers the nation's...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive contract to National Investment Services of America, LLC for portfolio management services on January 1, 2024. This contract represents the exercise of option period two under an existing agreement, with a ceiling value of $1.49M and a firm fixed price structure. The work will be performed in Washington, DC, with an ultimate completion date of December 31, 2034. No set-aside designation was applied to this award. National...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, exercised Option Period 9 under a firm fixed-price definitive contract with Neuberger Berman Investment Advisers LLC. This modification obligates $3.5 million in funding for the period extending from March 31, 2026 through March 30, 2027. The contract, originally awarded on March 31, 2017, carries a ceiling value of approximately $34.6 million and involves performance services in Washington, DC. No small business...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive firm fixed-price contract to PGIM, Inc., a division of Prudential Financial, for portfolio management services. The contract, awarded on April 1, 2016, carries a ceiling value of $310.9 million and is scheduled for ultimate completion on March 31, 2026. The work will be performed in Newark, New Jersey. As a civilian agency, PBGC utilizes external portfolio management expertise to support its core mission of protecting pension...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive contract to Ramirez Asset Management, Inc. on January 1, 2024, for portfolio management services. This firm fixed-price contract, valued at approximately $2.31 million, will extend through December 31, 2033, and will be performed in Washington, DC. The contract was competitively solicited through a special notice posted in October 2022 and carries no set-aside designation. The primary objective of this engagement is to...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a definitive firm fixed-price contract to Schroder Investment Management North America Inc. (doing business as Schroder Fund Advisors LLC) with a ceiling value of approximately $30.6 million. The contract, awarded on September 30, 2015, is scheduled for ultimate completion on March 29, 2026, and will be performed in New York, NY. This award involves the deobligation of expired fiscal year 2023/2024 funds and...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a $879.5K firm fixed-price definitive contract to S&P Global Market Intelligence LLC, a New York-based subsidiary of S&P Global Inc., on May 6, 2024, with performance completion targeted for May 5, 2029. The contract, which carries no set-aside designation, will be performed in Washington, DC and represents Option Year 2 of a multi-year financial services agreement. S&P Global Market Intelligence, operating through its S&P...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive contract to Invesco Trust Company for de-obligation of excess fiscal year 2023 and 2024 funds in preparation for contract closeout. The contract, awarded September 30, 2015, carries a ceiling value of $24.3 million and is structured as a firm fixed-price engagement. The place of performance is Washington, DC. No set-aside designation was utilized for this award. This de-obligation action represents the final administrative...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a $16.5M firm fixed-price definitive contract to Mercer Investments LLC for investment consulting services on September 1, 2022. The contract includes the exercise and full funding of optional CLINs 3005-3009 and runs through August 31, 2032, with performance taking place in Washington, DC. This award was not designated as a set-aside, indicating it was awarded through full and open competition. Mercer Investments LLC, a subsidiary of...
- Performance Equity Management, LLC, a subsidiary of General Motors Company, was awarded a definitive firm fixed-price contract by the Pension Benefit Guaranty Corporation (PBGC) on October 1, 2019, with a ceiling value of $4.45M and an ultimate completion date of October 31, 2029. The contract relates to Delphi Private Markets Assets and involves deobligation of expired funds and Contracting Officer Representative (COR) changes. The work will be performed in Greenwich, Connecticut. This contract...
The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive labor-hour contract valued at $3.34M to Corporate Repair And Growth Strategies, Inc. (UEI: X2NKH7K8Z1M7) on February 24, 2026, to provide Special Situation Investment Management Services (SSIMS) through February 29, 2036. The contract, which carries no set-aside designation, is performance-based at the contractor's facility in Montgomery, Ohio. Under this 10-year engagement, the contractor will manage and liquidate PBGC's portfolio of special situation assets, including illiquid and difficult-to-market investments such as private company equity, real estate limited partnerships, promissory notes, and bankruptcy claims that require specialized expertise to maximize recovery value. The selected contractor will be responsible for developing comprehensive liquidation strategies, executing asset sales, providing detailed reporting and analysis, maintaining proxy voting capabilities, and ensuring full compliance with federal data protection and records management requirements. This work directly supports the PBGC's mission to protect pension benefits by efficiently managing legacy and distressed assets within its portfolio. The contractor must maintain SEC registration or exemption, act as an ERISA fiduciary, and demonstrate positive net worth to fulfill the role's fiduciary responsibilities and regulatory requirements.
Name | Description | Solicitation Number | FederalAgency | Type | PostedDate |
|---|---|---|---|---|---|
Special Situation Investment Management Services - Draft RFP | Pension Benefit Guaranty Corporation | Special Notice 1/3 | 9/18/25, 2:55 PM | ||
Special Situation Investment Management Services | 16PBGC25R0061 | Pension Benefit Guaranty Corporation | Solicitation 2/3 | 11/18/25, 2:59 PM | |
Special Situation Investment Management Services | 16PBGC26C0002 | Pension Benefit Guaranty Corporation | Award Notice 3/3 | 2/24/26, 2:03 PM |
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | Not listed | $303.0k | 2/23/26 |