Contract 16PBGC20C0018

Willis Towers Watson Us Llc · Pension Benefit Guaranty Corporation · September 26, 2022

Firm Fixed PriceSole SourceNAICS 524292

Willis Towers Watson Us Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on September 26, 2022 for $8.32 million (current value) of work in pharmacy benefit management and other third party administration of insurance and pension funds. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 2 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on September 18, 2025. If all options are exercised, the contract could reach $8.32 million.

Current value
$8.32M
Modifications
2
Latest September 18, 2025

Contract details

PIID
16PBGC20C0018
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Not Competed
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 26, 2022
Latest action
September 18, 2025

Description

DE-OBLIGATE FY-23 AND FY-24 FUNDS IN PREPARATION FOR CONTRACT CLOSEOUT.

Modification timeline

  • September 18, 2025
    Mod P00017 · Close Out
    $7.31M
  • September 18, 2025
    Mod P00016 · Funding Only Action
    DE-OBLIGATE PRIOR YEAR FUNDS.
    $7.31M
  • September 26, 2022
    Mod P00008 · Supplemental Agreement For Work Within Scope
    PENSION BENEFIT ADMINISTRATION SUPPORT SERVICES
    $7.63M

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Frequently asked questions

What is contract 16PBGC20C0018?

Contract 16PBGC20C0018 is a federal contract awarded to Willis Towers Watson Us Llc by Pension Benefit Guaranty Corporation on September 26, 2022 for $8.32 million of work classified under PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS. It has been modified 2 times since the base award.

Who won contract 16PBGC20C0018?

Willis Towers Watson Us Llc won contract 16PBGC20C0018 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC20C0018 worth?

Contract 16PBGC20C0018 has obligated $0 to date but carries a potential ceiling of $8.32 million if fully funded and all options are exercised.