Federal contract award

16PBGC20C0018

THE PURPOSE OF THIS CONTRACT IS TO PROVIDE PENSION BENEFIT ADMINISTRATION SERVICES.

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Award details

Obligations, current value and potential value describe different measures; they are never added together.

FieldReported value
AgencyPension Benefit Guaranty Corporation
OfficePENSION BENEFIT GUARANTY CORP
NAICS524292 — Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
PSCR499 — Other Professional Services
Parent award / vehicleNot reported
Set-asideNO SET ASIDE USED.
Pricing typeFIRM FIXED PRICE
Obligations$7.3M
Current contract value$8.3M
Potential contract value / ceiling$8.3M
Start dateJun 5, 2020
Current end dateMay 31, 2025
Potential end dateMay 31, 2025
Latest award activitySep 18, 2025
Source loadedAug 15, 2026

Funding and modification history

Showing the latest 5 of 5 loaded transactions. Negative values are deobligations.

DateModificationObligation changeDescription
Sep 18, 2025P00016$-233.7KDE-OBLIGATE PRIOR YEAR FUNDS.
Sep 18, 2025P00017$-290.5KDE-OBLIGATE FY-23 AND FY-24 FUNDS IN PREPARATION FOR CONTRACT CLOSEOUT.
May 29, 2025P00015$-8.6KTHE 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, 2024P00014$0CHANGE COR.
Nov 1, 2024P00013$111.3KTHE 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

  1. Check the stated set-aside against the solicitation and current certifications.
  2. Review the award scope and buyer evidence before making a bid/no-bid decision.