Contract 16PBGC18C5001
State Street Corporation · Pension Benefit Guaranty Corporation · September 28, 2022
State Street Corporation was awarded a federal contract by Pension Benefit Guaranty Corporation on September 28, 2022 for $51.84 million (current value) of work in payroll services. Performance is in Boston, MA. It was awarded under full and open competition. The contract has been modified 1 time since the base award It uses firm fixed-price contract pricing. The most recent modification was on September 12, 2024. If all options are exercised, the contract could reach $51.84 million.
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 28, 2022
- Latest action
- September 12, 2024
Description
PRIMARY PAYING AGENT
Modification timeline
-
September 12, 2024Mod P00027 · Funding Only Action$51.64M
-
September 28, 2022Mod P00024 · Other Administrative ActionPRIMARY PAYING AGENT SERVICES$51.65M
Similar contracts
| Recipient | Agency | Date | Obligated |
|---|---|---|---|
| State Street Corporation | Pension Benefit Guaranty Corporation | March 23, 2026 | $40.94M |
Top contractors in NAICS 541214
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | State Street Corporation | 1 | $10.47M |
| 2 | Lyceum Business Services, Llc | 1 | $6.98M |
| 3 | Palisade-Heritage Jv Llc | 2 | $468.1K |
| 4 | Personal Group Incorporated | 3 | $117.8K |
| 5 | Miscellaneous Foreign Awardees | 5 | $112.3K |
| 6 | Gesam Societa' Tra Professionisti S.R.L. | 2 | $110.3K |
| 7 | Isaana Tax & Accounting Llc | 1 | $110.0K |
| 8 | Chickasaw Business Solutions, Llc | 1 | $100.0K |
| 9 | Escience & Technology Solutions, Inc. | 2 | $64.8K |
| 10 | Payright Payroll Services, Incorporated | 1 | $32.2K |
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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 28, 2022 for $51.84 million of work classified under PAYROLL SERVICES. It has been modified 1 time 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 $0 to date but carries a potential ceiling of $51.84 million if fully funded and all options are exercised.