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Contract 16PBGC18C5001

State Street Corporation · Pension Benefit Guaranty Corporation · September 29, 2017

Firm Fixed PriceFull & Open CompetitionNAICS 541214

State Street Corporation was awarded a federal contract by Pension Benefit Guaranty Corporation on September 29, 2017 for $51.64 million of work in payroll services. Performance is in Boston, MA. It was awarded under full and open competition. The contract has been modified 26 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on September 12, 2024.

Obligated to date
$51.64M
$51,642,126
Current value
$51.84M
Modifications
26
Latest September 12, 2024

Contract details

PIID
16PBGC18C5001
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
541214 · Payroll Services
Product / service
Support- Management: Banking
Place of performance
Boston, MA
First action
September 29, 2017
Latest action
September 12, 2024

Description

PRIMARY PAYING AGENT

Modification timeline

  • September 12, 2024
    Mod P00027
    $-30.0K
  • May 31, 2024
    Mod P00026
    DEOBLIGATION OF FY22 AND FY23 FUNDS.
    $0
  • January 12, 2023
    Mod P00025
    PRIMARY PAYING AGENT SERVICES.
    $26.1K
  • September 28, 2022
    Mod P00024
    PRIMARY PAYING AGENT SERVICES
    $0
  • September 8, 2022
    Mod P00023
    PRIMARY PAYING AGENT SERVICES
    $4.92M
  • September 6, 2022
    Mod P00022
    PRIMARY PAYING AGENT SERVICES
    $0
  • July 10, 2022
    Mod P00021
    PRIMARY PAYING AGENT.
    $26.1K
  • March 24, 2022
    Mod P00020
    $-33.0K
  • December 10, 2021
    Mod P00019
    PRIMARY PAYING AGENT.
    $9.83M
  • August 26, 2021
    Mod P00018
    $0
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Frequently asked questions

What is contract 16PBGC18C5001?

Contract 16PBGC18C5001 is a federal contract awarded to State Street Corporation by Pension Benefit Guaranty Corporation on September 29, 2017 for $51.64 million of work classified under PAYROLL SERVICES. It has been modified 26 times since the base award.

Who won contract 16PBGC18C5001?

State Street Corporation won contract 16PBGC18C5001 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC18C5001 worth?

Contract 16PBGC18C5001 has obligated $51.64 million to date, with a total potential value of $51.84 million if all options are exercised.