The purpose of this modification is to DE-obligate excess FY23 funds in the amount of $371,656.10, DE-obligate FY24 funds in the amount of $410,730.31 and FY25 funds in the amount of $188,190.20 prior…
Ended Definitive Contract Awarded Last action
- Contract number
- PBGC01CT160005
- Awardee
-
Blackrock Institutional Trust Company National Association UEI EEMWFERMT877
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $13,988,884
Award facts
- Opportunity
-
- PBGC01RP150013 Solicitation number
- Index Fund Investment Management Services Award Notice · Posted Feb 20, 2015
- Contract value 100% obligated
- $13,988,883.91 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 523920 Portfolio Management
- PSC
- R710 Support- Management: Financial
- 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 |
|---|---|---|
| Other Administrative Action | -$970,577 | |
| Funding Only Action | $675,470 | |
| Funding Only Action | $49,999 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $400,000 | |
| Funding Only Action | -$1,238,848 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,500,000 | |
| Funding Only Action | $1,200,000 | |
| Exercise an Option | $300,000 | |
| Funding Only Action | $1,000,000 | |
| Other Administrative Action | -$18,952 | |
| Funding Only Action | $103,949 | |
| Funding Only Action | $1,500,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $0 | |
| Funding Only Action | $25,000 | |
| Other Administrative Action | -$120,122 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,200,000 | |
| Funding Only Action | -$369,000 | |
| Funding Only Action | -$41,000 | |
| Other Administrative Action | $0 | |
| Change Order | $0 | |
| Exercise an Option | $1,100,000 | |
| Funding Only Action | $500,000 | |
| Funding Only Action | -$214,433 | |
| Funding Only Action | -$1,002,279 | |
| Funding Only Action | $1,450,000 | |
| Exercise an Option | $0 | |
| Funding Only Action | -$730,000 | |
| Funding Only Action | $3,046,096 | |
| Exercise an Option | $0 | |
| Funding Only Action | $100,000 | |
| Funding Only Action | -$1,056,419 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $2,400,000 | |
| Exercise an Option | $0 | |
| Funding Only Action | -$2,000,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $5,200,000 |
Show all 42
About this award
The Pension Benefit Guaranty Corporation (PBGC) has issued a contract modification to Blackrock Institutional Trust Company National Association (doing business as iShares) to de-obligate excess and unneeded funds prior to contract closeout. The modification removes $371,656.10 in fiscal year 2023 funds, $410,730.31 in fiscal year 2024 funds, and $188,190.20 in fiscal year 2025 funds from obligation, totaling approximately $970,576.61. The underlying contract, originally awarded on November 1, 2015, is a firm fixed-price definitive contract with a ceiling value of approximately $13.99 million and is scheduled for ultimate completion on December 15, 2025. Performance is based in San Francisco, California, and no set-aside designation was utilized for this award.
As a civilian agency, the PBGC engaged Blackrock's iShares division to support its mission of protecting pension benefits for American workers and retirees. The de-obligation of funds indicates the conclusion of work under this long-standing agreement and represents standard contract administration procedures to return unspent appropriations to the federal government prior to final closeout.
Description
The purpose of this modification is to DE-obligate excess FY23 funds in the amount of $371,656.10, DE-obligate FY24 funds in the amount of $410,730.31 and FY25 funds in the amount of $188,190.20 prior to contract closeout.
Quick answers
Who was awarded contract PBGC01CT160005?
PBGC01CT160005 was awarded to Blackrock Institutional Trust Company National Association by Pension Benefit Guaranty Corporation on November 1, 2015.
How much is contract PBGC01CT160005 worth?
The government has obligated $13,988,884 on PBGC01CT160005.
Was contract PBGC01CT160005 competed?
The extent of competition for PBGC01CT160005 was full and open competition. The government received 3 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award