Asset management

Active Definitive Contract Awarded Last action

Contract number
PBGC01CT160035
Awardee
Awarding agency
Obligated
$23,188,064

Award facts

Opportunity
Contract value 100% obligated
$23,188,064.25 Current and potential, with all options
Completion date 98% complete
Current and potential, with all options
NAICS code
523920 Portfolio Management
Set-aside
No set-aside
Competition
Full and Open Competition · 12 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Des Moines, IA 50309, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00034 · The purpose of this modification is to update the designation of the COR and to appoint an acor. $0
Exercise an Option P00033 · The purpose of this modification is to exercise the six-month extension in accordance with far clause 52.217-8. The period of performance for the sixth-month… $1,350,000
Supplemental Agreement for work within scope P00032 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00031 $0
Other Administrative Action P00030 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Funding Only Action P00029 · The purpose of this bilateral modification is to deobligate unused FY 2023 and FY 2024 funding in the amount of $544,390.52. The deobligations are as follows:… -$544,391
Exercise an Option P00028 · Exercise and fund option period 9 $2,650,000
Funding Only Action P00027 · The purpose of this modification is to DE-obligate fund from the conformed contract. -$2,591,921
Exercise an Option P00026 · Exercise option period 8 $2,300,000
Other Administrative Action P00025 · The purpose of this modification is to include the required pbgc far supplemental clause for invoicing (IPP clause). $0
Exercise an Option P00024 · Option period 7 exercise $2,500,000
Funding Only Action P00023 · Real estate investment services $800,000
Other Administrative Action P00022 -$50,507
Exercise an Option P00021 $3,000,000
Other Administrative Action P00020 · Investment management services $316,000
Funding Only Action P00019 $1,502,000
Other Administrative Action P00018 $0
Exercise an Option P00017 $1,750,000
Supplemental Agreement for work within scope P00016 -$461,803
Other Administrative Action P00015 · Investment management services $0
Other Administrative Action P00014 · Asset management services $0
Funding Only Action P00013 $100,000
Exercise an Option P00012 $2,440,000
Funding Only Action P00003 -$26,033
Funding Only Action P00010 $500,000
Funding Only Action P00009 $160,000
Exercise an Option P00008 $2,240,000
Funding Only Action P00007 -$164,309
Funding Only Action P00006 $1,912,000
Funding Only Action P00005 · Investment management services -$542,973
Other Administrative Action P00004 $0
Exercise an Option 3 $2,000,000
Funding Only Action 2 $200,000
Funding Only Action 1 $1,600,000
Original award $250,000
Show all 35

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a definitive contract to Principal Real Estate Investors LLC for asset management on July 27, 2016, with a firm fixed price ceiling of $23,188,064.25 and ultimate completion date of January 26, 2027.

Place of performance is Des Moines, Iowa. The contract carries no set-aside designation.

Quick answers

Who was awarded contract PBGC01CT160035?

PBGC01CT160035 was awarded to Principal Real Estate Investors LLC by Pension Benefit Guaranty Corporation on July 27, 2016.

How much is contract PBGC01CT160035 worth?

The government has obligated $23,188,064 on PBGC01CT160035.

Was contract PBGC01CT160035 competed?

The extent of competition for PBGC01CT160035 was full and open competition. The government received 12 offers.

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