Contract 16PBGC22C0026

Mercer Investments Llc · Pension Benefit Guaranty Corporation · August 31, 2022

Firm Fixed PriceFull & Open CompetitionNAICS 523930

Mercer Investments Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on August 31, 2022 for $4.72 million of work in investment advice. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 11 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 $15.40 million.

Obligated to date
$4.72M
$4,716,808
Current value
$4.72M
Potential value
$15.40M
if all options exercised
Modifications
11
Latest April 13, 2026

Contract details

PIID
16PBGC22C0026
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
523930 · Investment Advice
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
August 31, 2022
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 P00011
    $0
  • April 10, 2026
    Mod P00010
    $0
  • December 17, 2025
    Mod P00009
    INTERNAL CORRECTION
    $0
  • August 21, 2025
    Mod P00008
    EXERCISE AND FULLY FUND OPTIONAL CLINS 3005-3009
    $78.0K
  • June 24, 2025
    Mod P00007
    EXERCISE AND FULLY FUND OPTION PERIOD 3
    $1.15M
  • August 29, 2024
    Mod P00006
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP2 OF THE CONFORMED CONTRACT.
    $1.20M
  • March 28, 2024
    Mod P00005
    THE PURPOSE OF THIS MODIFICATION IS TO ADD THREE NEWLY REQUIRED CLAUSES AND REMOVE ONE CLAUSE.
    $0
  • January 18, 2024
    Mod P00004
    INVESTMENT CONSULTING SERVICES
    $70.0K
  • August 15, 2023
    Mod P00003
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FULLY FUND OPTION PERIOD ONE AND ADD THE TIKTOK CLAUSE.
    $1.08M
  • June 14, 2023
    Mod P00002
    INVESTMENT CONSULTING SERVICES
    $70.0K

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Frequently asked questions

What is contract 16PBGC22C0026?

Contract 16PBGC22C0026 is a federal contract awarded to Mercer Investments Llc by Pension Benefit Guaranty Corporation on August 31, 2022 for $4.72 million of work classified under INVESTMENT ADVICE. It has been modified 11 times since the base award.

Who won contract 16PBGC22C0026?

Mercer Investments Llc won contract 16PBGC22C0026 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC22C0026 worth?

Contract 16PBGC22C0026 has obligated $4.72 million to date, with a total potential value of $15.40 million if all options are exercised.