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
-
U.s. Bancorp UEI JTNLSVRJGFM3
- Awarding agency
-
Pension Benefit Guaranty Corporation
- Obligated
- $14,618
Award facts
- Opportunity
-
- Lockbox service for Missing Participants Program. Solicitation · 16PBGC25Q0060 · Posted May 19, 2025
- 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
- Contracting staff
- NAICS code
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
- PSC
- R710 Support- Management: Financial
- 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 | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $8,771 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $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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