Recompete of contract number 16PBGC20C0005 for lockbox service for the missing participants program. The service should be in accordance with the contract terms and conditions, the statement of work…

Active Purchase Order Awarded Last action

Contract number
16PBGC25P0064
Awardee
Awarding agency
Obligated
$14,618

Award facts

Opportunity
Contract value 34% obligated
  • $14,617.60 Current, with exercised options
  • $42,539.80 Potential, with all options
Completion date 29% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Competed under SAP · 5 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Minneapolis, MN 55402, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00007 · The purpose of this modification is to implement executive order 14398, "addressing DEI discrimination by federal contractors." $0
Other Administrative Action P00006 $0
Other Administrative Action P00005 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Other Administrative Action P00004 · The purpose of this modification is to update the SOW to remove paper checks as an acceptable form of payment accepted by the lockbox IAW EO 14247 titled… $0
Exercise an Option P00003 · The purpose of this modification is exercise option period one. $8,771
Other Administrative Action P00002 · The purpose of this modification is to change the contracting officer from mary skaggs to marius morgan. $0
Other Administrative Action P00001 $5,847
Original award $0

About this award

The Pension Benefit Guaranty Corporation awarded a purchase order to U.S. Bancorp for lockbox service for the Missing Participants Program on June 17, 2025, with a ceiling value of $42,539.80. The order is a recompete of contract number 16PBGC20C0005 and carries firm fixed-price terms. Performance occurs in Minneapolis, Minnesota. The contractor shall deliver services in accordance with the contract terms, conditions, and statement of work. The order remains effective through February 13, 2030. The solicitation was posted May 19, 2025, with proposals due June 4, 2025. This award implements Executive Order 14398 on addressing discrimination by federal contractors.

Description

Recompete of contract number 16PBGC20C0005 for lockbox service for the missing participants program. The service should be in accordance with the contract terms and conditions, the statement of work (SOW) and the contractor's quote.

Quick answers

Who was awarded contract 16PBGC25P0064?

16PBGC25P0064 was awarded to U.s. Bancorp by Pension Benefit Guaranty Corporation on June 17, 2025.

How much is contract 16PBGC25P0064 worth?

The government has obligated $14,618 on 16PBGC25P0064. Its potential value, with all options, is $42,540.

Was contract 16PBGC25P0064 competed?

The extent of competition for 16PBGC25P0064 was competed under sap. The government received 5 offers.

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