Definitive Contract PBGC01CT160036
- Not listed
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a definitive firm fixed-price contract to PGIM, Inc. (a division of Prudential Financial) for portfolio management services. The contract, with an ultimate completion date of September 30, 2026, carries a ceiling value of approximately $315.8 million. The work will be performed in Newark, New Jersey. This modification to the existing contract implements Executive Order 14173 regarding merit-based opportunity...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive firm fixed-price contract to TCW Asset Management Company LLC for portfolio management services, with an effective award date of April 1, 2016, and an ultimate completion date of September 30, 2026. The contract has a ceiling value of approximately $45.1 million and involves performance work in Los Angeles, California. No small business set-aside was utilized for this award. This modification to the existing contract was...
- 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...
- <p>This is a $2,035,093.21 firm fixed-price definitive contract awarded by the Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, to Neuberger Berman Investment Advisers LLC for investment management services. The contract has an ultimate completion date of March 30, 2017 and was awarded on October 1, 2016. This contract award was not set aside for any specific business type. The place of performance is in Washington, DC.</p>
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive firm fixed-price contract modification to Schroder Investment Management North America Inc. (doing business as Schroder Fund Advisors LLC) valued at $2.21 million, with a completion date of November 29, 2026. The contract modification implements Executive Order 14173, "Ending Illegal Discrimination and Restoring Merit-Based Opportunity," and pertains to emerging markets equity bridge services. The work will be...
- The Pension Benefit Guaranty Corporation (PBGC) awarded a definitive contract with a ceiling value of $611.6 million to Western Asset Management Co, LLC for portfolio management services. The award, dated April 1, 2016, carries an ultimate completion date of March 31, 2025, and is structured as a firm fixed-price engagement performed in Washington, DC. No small business set-aside was utilized for this contract award. The contract is currently undergoing de-obligation of excess funds from...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a definitive firm fixed-price contract to Goldman Sachs Asset Management, L.P. for portfolio management services. This modification to an existing contract, issued on April 1, 2016, implements Executive Order 14173 regarding merit-based opportunity and non-discrimination. The contract carries a ceiling value of approximately $34.4 million with an ultimate completion date of September 28, 2026. The work will be...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a definitive firm fixed-price contract to Marathon Asset Management LIMITED (UEI: GPLJXSLHXNP9) for financial management services. This modification implements Executive Order 14173, "Ending Illegal Discrimination and Restoring Merit-Based Opportunity," with a ceiling value of approximately $29.7 million. The contract was awarded on March 31, 2022, with an ultimate completion date of March 30, 2027, and...
- The Pension Benefit Guaranty Corporation (PBGC), a civilian federal agency, awarded a $225,000 firm fixed-price purchase order to FX Transparency, LLC (UEI: TBDKXWLM3X83) on June 12, 2023, to support financial management services. The contract modification implements Executive Order 14173, "Ending Illegal Discrimination and Restoring Merit-Based Opportunity," and is scheduled for ultimate completion by June 11, 2029. The work will be performed in Framingham, Massachusetts, and no...
- 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), a civilian federal agency, awarded a definitive firm fixed-price contract to Nuveen Asset Management, LLC for asset management services. This modification to the existing contract implements Executive Order 14173, "Ending Illegal Discrimination and Restoring Merit-Based Opportunity." The contract carries a ceiling value of approximately $19.0 million and is scheduled for completion by July 26, 2026. Performance will take place in Chicago, Illinois. No set-aside designation was utilized for this award. Nuveen Asset Management, LLC was selected as the prime contractor for this effort, which supports PBGC's asset management operations. The PBGC, as the federal agency responsible for protecting the retirement benefits of American workers covered by defined benefit pension plans, relies on external asset management expertise to help manage the agency's significant portfolio of pension assets. This contract modification reflects the government's commitment to merit-based contracting practices while maintaining continuity with the existing vendor relationship for critical financial stewardship functions.
Name | Description | Solicitation Number | FederalAgency | Type | PostedDate |
|---|---|---|---|---|---|
Real Estate Investment Trust Investment Management Services | PBGC01-RP-15-0028 | Pension Benefit Guaranty Corporation | Award Notice 1/1 | 7/31/15, 12:16 PM |
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| P00031 | Other Administrative Action | $0 | 4/12/26 | |
| P00030 | Other Administrative Action | $0 | 4/9/26 | |
| P00029 | Funding Only Action | ($874k) | 2/12/26 | |
| P00028 | Other Administrative Action | $0 | 12/11/25 | |
| P00027 | Exercise an Option | $2.1m | 5/1/25 |