Contract 16PBGC20C0018

Willis Towers Watson Us Llc · Pension Benefit Guaranty Corporation · June 5, 2020

Firm Fixed PriceSole SourceNAICS 524292

Willis Towers Watson Us Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on June 5, 2020 for $7.31 million 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 17 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on September 18, 2025.

Obligated to date
$7.31M
$7,308,215
Current value
$8.32M
Modifications
17
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
June 5, 2020
Latest action
September 18, 2025

Description

DE-OBLIGATE PRIOR YEAR FUNDS.

Modification timeline

  • September 18, 2025
    Mod P00016
    $-233.7K
  • September 18, 2025
    Mod P00017
    DE-OBLIGATE FY-23 AND FY-24 FUNDS IN PREPARATION FOR CONTRACT CLOSEOUT.
    $-290.5K
  • May 29, 2025
    Mod P00015
    THE PURPOSE OF THIS CONTRACT IS TO PROVIDE THE OFFICE OF BENEFITS ADMINISTRATION WITH ADMINISTRATION SUPPORT SERVICES FOR MEMBERS OF THE SEARS HOLDINGS PENSION
    $-8.6K
  • November 13, 2024
    Mod P00014
    CHANGE COR.
    $0
  • November 1, 2024
    Mod P00013
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE A 6-MONTH EXTENSION IN ACCORDANCE WITH FAR 52.217-8, OBLIGATE ADDITIONAL FUNDS, AND INCREASE THE CEILING. IMPLEM
    $111.3K
  • November 30, 2023
    Mod P00012
    BENEFITS ADMINISTRATION CONTRACTOR SUPPORT SERVICES FOR PARTICIPANTS OF TWO SEARS HOLDINGS PENSION PLANS. THE PROGRAM OFFICE FOR THIS CONTRACT IS THE PBGC PARTI
    $220.8K
  • July 29, 2023
    Mod P00011
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FULLY FUND OPTION PERIOD FOUR (BENEFIT CONNECT ACCESS) AND TO ADD OBLIGATED FUNDING TO THE CONTRACT AS SHOWN
    $69.7K
  • March 28, 2023
    Mod P00010
    ADDITIONAL PERFORMANCE PERIODS
    $69.2K
  • March 28, 2023
    Mod P00009
    PENSION BENEFIT ADMINISTRATION SUPPORT SERVICES
    $-260.5K
  • September 26, 2022
    Mod P00008
    PENSION BENEFIT ADMINISTRATION SUPPORT SERVICES
    $119.2K

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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 June 5, 2020 for $7.31 million of work classified under PHARMACY BENEFIT MANAGEMENT AND OTHER THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS. It has been modified 17 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 $7.31 million to date, with a total potential value of $8.32 million if all options are exercised.