Federal contract award
16PBGC20C0018
THE PURPOSE OF THIS CONTRACT IS TO PROVIDE PENSION BENEFIT ADMINISTRATION SERVICES.
Award details
Obligations, current value and potential value describe different measures; they are never added together.
| Field | Reported value |
|---|---|
| Agency | Pension Benefit Guaranty Corporation |
| Office | PENSION BENEFIT GUARANTY CORP |
| NAICS | 524292 — Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds |
| PSC | R499 — Other Professional Services |
| Parent award / vehicle | Not reported |
| Set-aside | NO SET ASIDE USED. |
| Pricing type | FIRM FIXED PRICE |
| Obligations | $7.3M |
| Current contract value | $8.3M |
| Potential contract value / ceiling | $8.3M |
| Start date | Jun 5, 2020 |
| Current end date | May 31, 2025 |
| Potential end date | May 31, 2025 |
| Latest award activity | Sep 18, 2025 |
| Source loaded | Aug 15, 2026 |
Funding and modification history
Showing the latest 5 of 5 loaded transactions. Negative values are deobligations.
| Date | Modification | Obligation change | Description |
|---|---|---|---|
| Sep 18, 2025 | P00016 | $-233.7K | DE-OBLIGATE PRIOR YEAR FUNDS. |
| Sep 18, 2025 | P00017 | $-290.5K | DE-OBLIGATE FY-23 AND FY-24 FUNDS IN PREPARATION FOR CONTRACT CLOSEOUT. |
| May 29, 2025 | P00015 | $-8.6K | THE PURPOSE OF THIS CONTRACT IS TO PROVIDE THE OFFICE OF BENEFITS ADMINISTRATION WITH ADMINISTRATION SUPPORT SERVICES FOR MEMBERS OF THE SEARS HOLDINGS PENSION PLAN 1 AND 2. JUSTIFICATION: THIS CONTRACT IS IN SUPPORT OF THE PRODUCTION OF PARTICIP |
| Nov 13, 2024 | P00014 | $0 | CHANGE COR. |
| Nov 1, 2024 | P00013 | $111.3K | THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE A 6-MONTH EXTENSION IN ACCORDANCE WITH FAR 52.217-8, OBLIGATE ADDITIONAL FUNDS, AND INCREASE THE CEILING. IMPLEMENT FAR 52.217-8 OPTION TO EXTEND SERVICES IS HEREBY INCORPORATED. |
Research next steps
- Check the stated set-aside against the solicitation and current certifications.
- Review the award scope and buyer evidence before making a bid/no-bid decision.