Contract 16PBGC20C0002

General Motors Investment Management Corp · Pension Benefit Guaranty Corporation · October 1, 2019

Firm Fixed PriceSole SourceNAICS 523110

General Motors Investment Management Corp was awarded a federal contract by Pension Benefit Guaranty Corporation on October 1, 2019 for $1.06 million of work in investment banking and securities dealing. Performance is in New York, NY. It was awarded under full and open competition. The contract has been modified 13 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 13, 2026. If all options are exercised, the contract could reach $1.65 million.

Obligated to date
$1.06M
$1,062,500
Current value
$1.06M
Potential value
$1.65M
if all options exercised
Modifications
13
Latest April 13, 2026

Contract details

PIID
16PBGC20C0002
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Not Competed
NAICS
523110 · Investment Banking And Securities Dealing
Product / service
Support- Management: Financial
Place of performance
New York, NY
First action
October 1, 2019
Latest action
April 13, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."

Modification timeline

  • April 13, 2026
    Mod P00013
    $0
  • April 12, 2026
    Mod P00012
    $0
  • February 18, 2026
    Mod P00011
    COR CHANGE
    $0
  • October 27, 2025
    Mod P00010
    EXERCISE OPTION PERIOD 7
    $150.0K
  • October 28, 2024
    Mod P00009
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FUND OPTION PERIOD SIX FOR THE CONFORMED CONTRACT.
    $150.0K
  • April 10, 2024
    Mod P00008
    THE PURPOSE OF THIS MODIFICATION IS TO ADD PBGC'S IPP CLAUSE TO THE CONTRACT.
    $0
  • October 30, 2023
    Mod P00007
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD FIVE.
    $150.0K
  • October 17, 2022
    Mod P00006
    FINANCIAL MANAGEMENT SERVICES
    $150.0K
  • September 29, 2022
    Mod P00005
    FINANCIAL MANAGEMENT SERVICES
    $12.5K
  • December 20, 2021
    Mod P00004
    FINANCIAL ASSETS ADMIN
    $150.0K

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Frequently asked questions

What is contract 16PBGC20C0002?

Contract 16PBGC20C0002 is a federal contract awarded to General Motors Investment Management Corp by Pension Benefit Guaranty Corporation on October 1, 2019 for $1.06 million of work classified under INVESTMENT BANKING AND SECURITIES DEALING. It has been modified 13 times since the base award.

Who won contract 16PBGC20C0002?

General Motors Investment Management Corp won contract 16PBGC20C0002 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC20C0002 worth?

Contract 16PBGC20C0002 has obligated $1.06 million to date, with a total potential value of $1.65 million if all options are exercised.