Contract 16PBGC19T0013

Serco Inc · Pension Benefit Guaranty Corporation · March 4, 2019

Labor HoursFull & Open CompetitionNAICS 524292IDIQ Task Order

Serco Inc was awarded a federal contract by Pension Benefit Guaranty Corporation on March 4, 2019 for $141.01 million of work in pharmacy benefit management and other third party administration of insurance and pension funds. Performance is in Washington, DC. This is a task or delivery order issued under parent IDIQ 16PBGC19D0009. The contract has been modified 36 times since the base award It uses labor-hour contract pricing. The most recent modification was on November 20, 2024.

Obligated to date
$141.01M
$141,010,187
Current value
$145.08M
Modifications
36
Latest November 20, 2024

Contract details

PIID
16PBGC19T0013
Parent IDIQ
16PBGC19D0009
Award type
Delivery Order
Pricing
Labor Hours
Competition
Full And Open Competition
NAICS
524292 · Pharmacy Benefit Management And Other Third Party Administration Of Insurance And Pension Funds
Product / service
Support- Professional: Other
Place of performance
Washington, DC
First action
March 4, 2019
Latest action
November 20, 2024

Description

FIELD OFFICE SUPPORT SERVICES

Modification timeline

  • November 20, 2024
    Mod P00038
    $-723.3K
  • September 18, 2024
    Mod P00037
    THIS MODIFICATION OBLIGATES FUNDING TO COVER ODC COSTS.
    $10.1K
  • July 24, 2024
    Mod P00036
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FY22 FUNDS IN THE AMOUNT OF $65,107.03.
    $-65.1K
  • March 1, 2024
    Mod P00035
    THE PURPOSE OF THIS MODIFICATION IS TO EXTEND THE SERVICES BY FOUR MONTHS, ADD FUNDING, INCREASE THE CEILING VALUE, AND ADD CLAUSES TO THE TO.
    $11.42M
  • February 15, 2024
    Mod P00034
    THE PURPOSE OF THIS MODIFICATION IS TO RE-ALLOCATE THE LEVEL OF EFFORT ON THE TASK ORDER.
    $0
  • September 27, 2023
    Mod P00033
    FOSS INCREMENTAL FUNDING ADDED TO OPTION PERIOD 4
    $250.0K
  • September 13, 2023
    Mod P00031
    THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDS TO OPTION PERIOD FOUR OF THE TASK ORDER.
    $14.17M
  • August 31, 2023
    Mod P00030
    ADDING PBGC 52.232-7009 IPP CLAUSE, 52.204-27 BYTEDANCE CLAUSE, UPDATING COR.
    $0
  • July 21, 2023
    Mod P00029
    FOSS
    $0
  • April 6, 2023
    Mod P00028
    $0

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Frequently asked questions

What is contract 16PBGC19T0013?

Contract 16PBGC19T0013 is a federal contract awarded to Serco Inc by Pension Benefit Guaranty Corporation on March 4, 2019 for $141.01 million of work classified under PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS. It has been modified 36 times since the base award.

Who won contract 16PBGC19T0013?

Serco Inc won contract 16PBGC19T0013 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC19T0013 worth?

Contract 16PBGC19T0013 has obligated $141.01 million to date, with a total potential value of $145.08 million if all options are exercised.