Financial management system operations and maintenance and releases

Ended Awarded Last action

Contract number
16PBGC24T0008
Awardee
Awarding agency
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
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 P00011 · DE-obligation of excess FY-24 and FY-25 funds in preparation for contract closeout. -$2,180
Other Administrative Action P00010 · Internal correction $0
Other Administrative Action P00009 · Administrative change $0
Other Administrative Action P00008 · COR change $0
Supplemental Agreement for work within scope P00007 · The purpose of this modification is to create clin 2011 in order to increase the LOE for CFS releases. This LOE supports the government mandates of the treasury… $399,480
Supplemental Agreement for work within scope P00006 · Additional funding and LOE increase for clin 2004, change in key personnel, and addition of travel clin $1,301,553
Exercise an Option P00005 · Exercise option period 2 $5,859,434
Other Administrative Action P00004 $0
Supplemental Agreement for work within scope P00003 · Increase OP1 ceiling and add funding. $1,360,348
Exercise an Option P00002 · Exercise option period 1. $4,225,385
Supplemental Agreement for work within scope P00001 $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. EXERCISE OPTION PERIOD 2 Services required in support of contract deliverables $600,000
SP Technologies, LLC EXERCISE OPTION PERIOD 2 Services required in support of contract deliverables $400,000
Deloitte Consulting LLP EXERCISE OPTION PERIOD 2 Services required in support of contract deliverables $300,000
Leaders It Consulting LLC EXERCISE OPTION PERIOD 2 Services required in support of contract deliverables $300,000
Falcon Consulting LLC EXERCISE OPTION PERIOD 2 Services required in support of contract deliverables $1,800,000
Leaders It Consulting LLC INCREASE OP1 CEILING AND ADD FUNDING. Software required in support of contract deliverables $100,000
Creoal Consulting LLC EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $200,000
Deloitte Consulting LLP EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $200,000
Falcon Consulting LLC EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $65,000
SP Technologies, LLC EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $250,000
The Squires Group, Inc. EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $300,000
Falcon Consulting LLC EXERCISE OPTION PERIOD 1. Services required in support of contract deliverables $1,000,000
The Squires Group, Inc. FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $100,000
SP Technologies, LLC FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $125,000
Leaders It Consulting LLC FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $100,000
Falcon Consulting LLC FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $400,000
Deloitte Consulting LLP FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $100,000
Creoal Consulting LLC FINANCIAL MANAGEMENT SYSTEM OPERATIONS AND MAINTENANCE AND RELEASES Services required in support of contract deliverables $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.

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