Octus subscriptions for 10 users

Active Purchase Order Awarded Last action

Contract number
16PBGC26P0004
Awardee
Awarding agency
Obligated
$214,988

Award facts

Opportunity
Contract value 18% obligated
  • $214,988.00 Current, with exercised options
  • $1,187,945.00 Potential, with all options
Completion date 15% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 · The purpose of this modification is to add 52.212-4 $0
Other Administrative Action P00001 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Original award $214,988

About this award

The Pension Benefit Guaranty Corporation awarded a purchase order to Octus Intelligence, Inc. for Octus subscriptions serving 10 users, valued at $1,187,945, with an award date of January 29, 2026. The procurement was set aside for total small business competition and includes FAR 52.212-4 commercial item language. Performance takes place in Washington, DC. The subscriptions provide the Corporate Finance and Restructuring Department with quarterly corporate financial health assessments, default probability evaluations, liquidity analysis, and customized credit risk assessments covering high-yield bonds, distressed debt, leveraged loans, and restructuring market situations. The ultimate completion date is January 31, 2031, reflecting the contract's base period through January 2027 plus four optional one-year renewal periods. The originating solicitation, posted December 23, 2025 with a January 8, 2026 deadline (extended by amendment on January 7, 2026), identified this as a sole-source procurement under NAICS 519290.

Quick answers

Who was awarded contract 16PBGC26P0004?

16PBGC26P0004 was awarded to Octus Intelligence, Inc. by Pension Benefit Guaranty Corporation on January 29, 2026.

How much is contract 16PBGC26P0004 worth?

The government has obligated $214,988 on 16PBGC26P0004. Its potential value, with all options, is $1,187,945.

Was contract 16PBGC26P0004 competed?

The extent of competition for 16PBGC26P0004 was not competed. The government received 1 offer.

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