Advisory and assistance services pertaining to bankruptcy.

Active Indefinite Delivery Contract Awarded Last action

Contract number
16PBGC26D0002
Awardee
Awarding agency
Task orders
1 $1,425,000 obligated

Award facts

Opportunity
Combined order value
$1,425,000 Current and potential, with all options
Last date to order 4% complete
IDV ceiling 16% used
$9,000,000.00
Award type
Single award
Who can order
Only the awarding agency
Contracting staff
Set-aside
No set-aside
Competition
Competed under SAP · 8 offers Simplified Acquisition
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

The Pension Benefit Guaranty Corporation awarded a single-award indefinite-delivery contract to Alixpartners, LLP for advisory and assistance services pertaining to bankruptcy, with a $9 million ceiling and an award date of August 12, 2026.

The contract is not set-aside and carries an ultimate completion date of August 11, 2031. Place of performance is New York, New York. The originating solicitation sought commercial expert financial advisory services from a firm with demonstrated expertise in large distress valuation and turnaround engagements in the U.S. information technology sector, particularly for restructuring and bankruptcy transactions involving enterprises with funded debt exceeding four billion dollars. PBGC's Corporate Finance and Restructuring Department prioritized prior experience with the PBGC pension termination process and contractor personnel with expert testimony capability.

On August 12, 2026, the same date as the IDIQ award, PBGC issued a delivery order under this contract for advisory and assistance services pertaining to Xerox Corporation, with a $1,425,000 ceiling, firm fixed pricing, and an ultimate completion date of August 12, 2027. Performance is located in New York, New York.

Task orders

Task order Ordering agency Obligated Awarded
Advisory and assistance services pertaining to xerox corporation. 16PBGC26T0008 Pension Benefit Guaranty Corporation $1,425,000

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award $0

Quick answers

Who was awarded contract 16PBGC26D0002?

16PBGC26D0002 was awarded to Alixpartners, LLP by Pension Benefit Guaranty Corporation on August 12, 2026.

How much is contract 16PBGC26D0002 worth?

Orders under 16PBGC26D0002 have obligated $1,425,000. 16PBGC26D0002's own ceiling is $9,000,000.

How many orders have been placed under contract 16PBGC26D0002?

1 order has been placed under 16PBGC26D0002, the latest on August 12, 2026.

Who can order from contract 16PBGC26D0002?

16PBGC26D0002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 16PBGC26D0002 competed?

The extent of competition for 16PBGC26D0002 was competed under sap. The government received 8 offers.

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