Financial management system operations and maintenance and releases
Ended Awarded Last action
- Contract number
- 16PBGC24T0008
- Awardee
-
CGI Federal Inc. UEI TRKEP1HEBNS5 Part of The Timken Company
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $15,439,391
Award facts
- Contract value 77% obligated
-
- $15,439,390.84 Current, with exercised options
- $20,035,199.22 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541519 Other Computer Related Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Fairfax, VA 22033, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$2,180 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $399,480 | |
| Supplemental Agreement for work within scope | $1,301,553 | |
| Exercise an Option | $5,859,434 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,360,348 | |
| Exercise an Option | $4,225,385 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $2,295,371 |
Show all 12
About this award
CGI Federal Inc., a subsidiary of CGI Technologies and Solutions Inc., was awarded a delivery order valued at approximately $20.04 million by the Pension Benefit Guaranty Corporation (PBGC) to provide financial management system operations and maintenance and software releases. The contract was awarded on January 1, 2024, with an ultimate completion date of December 31, 2025, and operates under a firm fixed-price arrangement with no set-aside designation. The work will be performed in Fairfax, Virginia, where CGI Federal maintains its principal place of business. This award is part of CGI Federal's broader engagement with the PBGC, reflecting the company's extensive experience delivering financial management information technology services to federal agencies; the company previously secured a $26.8 million prime contract from PBGC and maintains a $95 million Financial Management Information Technology Services BPA with the agency.
The contract engages a robust subcontractor team to support the delivery of financial management system services. Major subcontractors include Deloitte Consulting LLP, Creoal Consulting LLC, The Squires Group Inc., SP Technologies LLC (doing business as SP Group LLC), Leaders It Consulting LLC, and Falcon Consulting LLC. These subcontractors provide specialized IT consulting, software development, systems integration, staffing, and data analytics support. The subcontractor base reflects a strategic mix of large consulting firms and small disadvantaged and women-owned businesses, with multiple subcontracts exercised in 2024 and 2025 to support ongoing operations and maintenance activities. The contract supports the PBGC's mission to protect the pension benefits of participants in private-sector defined benefit pension plans through robust financial management system infrastructure.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| The Squires Group, Inc. | $600,000 | |
| SP Technologies, LLC | $400,000 | |
| Deloitte Consulting LLP | $300,000 | |
| Leaders It Consulting LLC | $300,000 | |
| Falcon Consulting LLC | $1,800,000 | |
| Leaders It Consulting LLC | $100,000 | |
| Creoal Consulting LLC | $200,000 | |
| Deloitte Consulting LLP | $200,000 | |
| Falcon Consulting LLC | $65,000 | |
| SP Technologies, LLC | $250,000 | |
| The Squires Group, Inc. | $300,000 | |
| Falcon Consulting LLC | $1,000,000 | |
| The Squires Group, Inc. | $100,000 | |
| SP Technologies, LLC | $125,000 | |
| Leaders It Consulting LLC | $100,000 | |
| Falcon Consulting LLC | $400,000 | |
| Deloitte Consulting LLP | $100,000 | |
| Creoal Consulting LLC | $100,000 |
Show all 18
Quick answers
Who was awarded contract 16PBGC24T0008?
16PBGC24T0008 was awarded to CGI Federal Inc. by Pension Benefit Guaranty Corporation on January 1, 2024.
How much is contract 16PBGC24T0008 worth?
The government has obligated $15,439,391 on 16PBGC24T0008. Its potential value, with all options, is $20,035,199.
Is contract 16PBGC24T0008 an order under another contract?
Yes. 16PBGC24T0008 is a delivery order under 16PBGC20D0008, an indefinite delivery contract.
Was contract 16PBGC24T0008 competed?
The extent of competition for 16PBGC24T0008 was full and open competition.
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