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Contract 16PBGC23C0001

Milliman, Inc. · Pension Benefit Guaranty Corporation · July 22, 2024

Labor HoursFull & Open CompetitionNAICS 541611

Milliman, Inc. was awarded a federal contract by Pension Benefit Guaranty Corporation on July 22, 2024 for $6.79 million of work in administrative management and general management consulting services. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 3 times since the base award It uses labor-hour contract pricing. The most recent modification was on November 20, 2025. If all options are exercised, the contract could reach $15.57 million.

Obligated to date
$6.79M
$6,790,450
Current value
$14.56M
Potential value
$15.57M
if all options exercised
Modifications
3
Latest November 20, 2025

Contract details

PIID
16PBGC23C0001
Award type
Definitive Contract
Pricing
Labor Hours
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
541611 · Administrative Management And General Management Consulting Services
Product / service
Support- Professional: Other
Place of performance
Washington, DC
First action
July 22, 2024
Latest action
November 20, 2025

Description

SFA ACTUARIAL SUPPORT

Modification timeline

  • November 20, 2025
    Mod P00008 · Exercise An Option
    $14.56M
  • November 6, 2025
    Mod P00007 · Supplemental Agreement For Work Within Scope
    $11.85M
  • September 22, 2025
    Mod P00006 · Exercise An Option
    EXERCISE AND FULLY FUND CLIN 2002
    $11.85M
  • July 22, 2024
    Mod P00004 · Funding Only Action
    EXERCISE OPTIONAL CLIN 1002
    $7.70M

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Frequently asked questions

What is contract 16PBGC23C0001?

Contract 16PBGC23C0001 is a federal contract awarded to Milliman, Inc. by Pension Benefit Guaranty Corporation on July 22, 2024 for $6.79 million of work classified under ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES. It has been modified 3 times since the base award.

Who won contract 16PBGC23C0001?

Milliman, Inc. won contract 16PBGC23C0001 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC23C0001 worth?

Contract 16PBGC23C0001 has obligated $6.79 million to date, with a total potential value of $15.57 million if all options are exercised.