Contract 16PBGC19T0013

Serco Inc · Pension Benefit Guaranty Corporation · September 29, 2020

Labor HoursFull & Open CompetitionNAICS 524292IDIQ Task Order

Serco Inc was awarded a federal contract by Pension Benefit Guaranty Corporation on September 29, 2020 for $24.91 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 7 times since the base award It uses labor-hour contract pricing. The most recent modification was on September 18, 2024. If all options are exercised, the contract could reach $145.08 million.

Obligated to date
$24.91M
$24,911,917
Current value
$145.08M
Modifications
7
Latest September 18, 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
September 29, 2020
Latest action
September 18, 2024

Description

THIS MODIFICATION OBLIGATES FUNDING TO COVER ODC COSTS.

Modification timeline

  • September 18, 2024
    Mod P00037 · Supplemental Agreement For Work Within Scope
    $141.73M
  • July 24, 2024
    Mod P00036 · Funding Only Action
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FY22 FUNDS IN THE AMOUNT OF $65,107.03.
    $141.72M
  • September 27, 2023
    Mod P00033 · Funding Only Action
    FOSS INCREMENTAL FUNDING ADDED TO OPTION PERIOD 4
    $130.36M
  • September 27, 2022
    Mod P00024 · Supplemental Agreement For Work Within Scope
    FIELD OFFICE SUPPORT SERVICES.
    $97.23M
  • September 29, 2021
    Mod P00017 · Funding Only Action
    FIELD OFFICE SUPPORT SERVICES
    $64.75M
  • September 13, 2021
    Mod P00016 · Funding Only Action
    FIELD OFFICE SUPPORT SERVICES
    $52.79M
  • September 29, 2020
    Mod P00011 · Supplemental Agreement For Work Within Scope
    FIELD OFFICE SUPPORT SERVICES
    $54.75M
  • September 29, 2020
    Mod P00012 · Funding Only Action
    FIELD OFFICE SUPPORT SERVICES
    $54.75M

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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 September 29, 2020 for $24.91 million of work classified under PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS. It has been modified 7 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 $24.91 million to date, with a total potential value of $145.08 million if all options are exercised.