Contract 16PBGC24C0033

Longfellow Investment Management Co., Llc · Pension Benefit Guaranty Corporation · September 18, 2024

Firm Fixed PriceFull & Open CompetitionNAICS 523940

Longfellow Investment Management Co., Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on September 18, 2024 for $904,000 of work in portfolio management and investment advice. 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 February 2, 2026. If all options are exercised, the contract could reach $2.49 million.

Obligated to date
$904.4K
$904,442
Current value
$2.49M
Modifications
2
Latest February 2, 2026

Contract details

PIID
16PBGC24C0033
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
523940 · Portfolio Management And Investment Advice
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
September 18, 2024
Latest action
February 2, 2026

Description

DEOBLIGATION OF EXPIRED FY 24 FUNDS.

Modification timeline

  • February 2, 2026
    Mod P00005 · Funding Only Action
    $2.49M
  • December 3, 2025
    Mod P00004 · Exercise An Option
    EXERCISE AND FUND OPTION PERIOD 2 DESCRIPTION: PROVIDE ACTIVE INVESTMENT MANAGEMENT AND RELATED SERVICES FOR A U.S. CORE FIXED INCOME PORTFOLIO. CONSTRUCT A PORTFOLIO OF FIXED INCOME ASSETS TO EARN …
    $2.50M
  • September 18, 2024
    Mod P00002 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDS TO THE CONTRACT FOR THE BASE PERIOD.
    $760.0K

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Frequently asked questions

What is contract 16PBGC24C0033?

Contract 16PBGC24C0033 is a federal contract awarded to Longfellow Investment Management Co., Llc by Pension Benefit Guaranty Corporation on September 18, 2024 for $904,000 of work classified under PORTFOLIO MANAGEMENT AND INVESTMENT ADVICE. It has been modified 2 times since the base award.

Who won contract 16PBGC24C0033?

Longfellow Investment Management Co., Llc won contract 16PBGC24C0033 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC24C0033 worth?

Contract 16PBGC24C0033 has obligated $904,000 to date, with a total potential value of $2.49 million if all options are exercised.