Investment services
Ended Definitive Contract Awarded Last action
- Contract number
- PBGC01CT170005
- Awardee
-
Performance Equity Management, LLC UEI SGE8AKA7TDL9 Part of General Motors Company
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $3,115,948
Award facts
- Opportunity
-
- PBGC01RP160021 Solicitation number
- Delphi private markets - investment services Award Notice · Posted Sep 6, 2016
- Contract value 62% obligated
-
- $3,819,529.45 Current, with exercised options
- $5,000,000.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 523110 Investment Banking and Securities Dealing
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Greenwich, CT 06831, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$663,581 | |
| Funding Only Action | -$640,471 | |
| Funding Only Action | $1,500,000 | |
| Funding Only Action | -$300,000 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $1,500,000 | |
| Supplemental Agreement for work within scope | $120,000 | |
| Exercise an Option | $0 | |
| Original award | $1,600,000 |
About this award
This is a $5,000,000.00 firm fixed-price definitive contract awarded by the Pension Benefit Guaranty Corporation (PBGC) to Performance Equity Management, LLC for investment services. The award has no set-aside designation, indicating full and open competition. Performance Equity Management, LLC is a subsidiary of the General Motors Company. The contract has an ultimate completion date of September 30, 2019. This investment services contract supports PBGC's asset management and oversight operations, though the specific details of the services provided are not included in the information provided.
Quick answers
Who was awarded contract PBGC01CT170005?
PBGC01CT170005 was awarded to Performance Equity Management, LLC by Pension Benefit Guaranty Corporation on October 1, 2016.
How much is contract PBGC01CT170005 worth?
The government has obligated $3,115,948 on PBGC01CT170005. Its current value, with exercised options, is $3,819,529. Its potential value, with all options, is $5,000,000.
Was contract PBGC01CT170005 competed?
The extent of competition for PBGC01CT170005 was not competed. The government received 1 offer.
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