Outside Counsel Services
Active Master IDIQ Awarded
- Federal agency
-
Pension Benefit Guaranty Corporation
- Awardees
- 5
- Task orders
- 8
- Obligated
- $881,093
Vehicle facts
- Opportunity
-
- Outside Counsel Services Solicitation · 16PBGC24R0005 · Posted Feb 15, 2024
- Combined task order value
-
- $881,093 Current, with exercised options
- $1,491,293 Potential, with all options
- Last date to order 42% complete
- Shared ceiling 1% used
- $125,088,000.00
IDV award and task order details come from SAM.gov/FPDS.
About this vehicle
The Pension Benefit Guaranty Corporation established a multiple-award IDIQ for Outside Counsel Services on September 21, 2024, with ordering authority extending through September 20, 2029. The vehicle carries no set-aside restrictions and funds legal services across litigation, corporate and commercial transactions, bankruptcy and restructuring, ERISA, tax, real estate, securities, federal procurement, and employment and labor-management relations to enhance the PBGC Office of the General Counsel's capacity.
Ordering activity has slowed after an initial rush: five task orders issued in 2024 (primarily as minimum-guarantee vehicles to satisfy contract terms), followed by two orders in 2025. The most recent award was issued November 12, 2025. The vehicle retains 3 years 2 months of ordering authority remaining.
The combined potential value across all seven awarded task orders totals $1.4 million, with $821 thousand obligated to date (57% of potential). Kelley Drye & Warren LLP dominates the vehicle, holding three orders valued at the full $1.4 million combined potential; Blank Rome LLP, Dentons US LLP, Carlton Fields, P.A., and Locke Lord LLP each hold one order. All task orders fund PBGC requirements exclusively. All awarded orders carry no set-aside designation.
Recent orders show substantive work. A November 2025 delivery order to Kelley Drye & Warren for Equal Employment Opportunity litigation services carries a ceiling of $915,300 and obligated $305,100 under labor-hour pricing, with performance extending through November 11, 2028. An earlier 2025 order for outside counsel support in connection with a Pension Motivation Holdings bankruptcy carried a $515,993 ceiling and floor (fully obligated) under labor-hour pricing. The five 2024 orders functioned as minimum-guarantee vehicles with zero ceiling and obligation values, satisfying contract administration requirements rather than substantive work purchases.
Work performs at Fort Lesley J. McNair in Washington, DC. The vehicle's shared ceiling is $125.088 million, substantially exceeding task-order activity to date and signaling capacity for significantly higher ordering volumes.
IDV awards
Latest task orders
Top awardees by obligations
| Rank | Awardee | Obligated | Share |
|---|---|---|---|
| 1 | Kelley Drye & Warren LLP | $821,093 | 93% |
| 2 | Dentons US LLP | $60,000 | 7% |
Top funding agencies by obligations
| Rank | Funding agency | Obligated | Share |
|---|---|---|---|
| 1 | Pension Benefit Guaranty Corporation | $881,093 | 100% |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2026 | $229,257 |
| FY2025 | $601,836 |
| FY2024 | $50,000 |
Quick answers
What is the Outside Counsel Services contract vehicle?
Outside Counsel Services is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by Pension Benefit Guaranty Corporation, awarded on September 21, 2024.
Which companies hold Outside Counsel Services?
5 companies hold Outside Counsel Services's IDV awards, one each. The latest went to Blank Rome LLP on September 21, 2024. The awardees whose task orders obligated the most are Kelley Drye & Warren LLP and Dentons US LLP.
How much has been spent through Outside Counsel Services?
8 task orders have been placed under Outside Counsel Services, obligating $881,093.
What is the shared ceiling of Outside Counsel Services?
Outside Counsel Services's shared ceiling is $125,088,000; its task orders have used 1% of it.
Which agencies use Outside Counsel Services the most?
The departments whose task orders under Outside Counsel Services obligated the most are Pension Benefit Guaranty Corporation ($881,093).
How much was obligated through Outside Counsel Services in fiscal year 2025?
Task orders under Outside Counsel Services obligated $601,836 in fiscal year 2025.
On GovTribe
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