Contract 16PBGC18C0005

Wellington Management Company Llp · Pension Benefit Guaranty Corporation · September 10, 2021

Firm Fixed PriceFull & Open CompetitionNAICS 523110

Wellington Management Company Llp was awarded a federal contract by Pension Benefit Guaranty Corporation on September 10, 2021 for $558,000 of work in investment banking and securities dealing. Performance is in Boston, MA. It was awarded under full and open competition. The contract has been modified 3 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on February 4, 2026. If all options are exercised, the contract could reach $35.15 million.

Obligated to date
$557.5K
$557,537
Current value
$35.15M
Modifications
3
Latest February 4, 2026

Contract details

PIID
16PBGC18C0005
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
523110 · Investment Banking And Securities Dealing
Product / service
Support- Management: Financial
Place of performance
Boston, MA
First action
September 10, 2021
Latest action
February 4, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO DEOBLIGATE UNUSED FUNDING FROM FY23 AND FY24. ADDITIONALLY, THIS MODIFICATION ADDS ALEXIS FLOWERS AS AN ALTERNATE COR.

Modification timeline

  • February 4, 2026
    Mod P00033 · Other Administrative Action
    $35.15M
  • November 18, 2025
    Mod P00032 · Exercise An Option
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD 8 AND ADD FUNDS IN THE AMOUNT OF $4,800,000.
    $38.43M
  • August 28, 2024
    Mod P00030 · Other Administrative Action
    DEOBLIGATION
    $29.13M
  • September 10, 2021
    Mod P00020 · Other Administrative Action
    INVESTMENT MANAGEMENT SERVICES
    $11.21M

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Lifetime obligated dollars across all federal contracts in this NAICS code.

#ContractorContractsObligated
1Nisa Investment Advisors Llc1$6.89M
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3Wellington Management Company Llp1$1.51M
4Elocen Group, Llc (The)2$361.6K
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Frequently asked questions

What is contract 16PBGC18C0005?

Contract 16PBGC18C0005 is a federal contract awarded to Wellington Management Company Llp by Pension Benefit Guaranty Corporation on September 10, 2021 for $558,000 of work classified under INVESTMENT BANKING AND SECURITIES DEALING. It has been modified 3 times since the base award.

Who won contract 16PBGC18C0005?

Wellington Management Company Llp won contract 16PBGC18C0005 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC18C0005 worth?

Contract 16PBGC18C0005 has obligated $558,000 to date, with a total potential value of $35.15 million if all options are exercised.