Contract 16PBGC24C0034

Pugh Capital Management Inc · Pension Benefit Guaranty Corporation · December 28, 2023

Firm Fixed PriceFull & Open CompetitionNAICS 523940

Pugh Capital Management Inc was awarded a federal contract by Pension Benefit Guaranty Corporation on December 28, 2023 for $3.04 million of work in portfolio management and investment advice. Performance is in Seattle, WA. It was awarded under full and open competition. The contract has been modified 6 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 14, 2026.

Obligated to date
$3.04M
$3,043,474
Current value
$3.04M
Modifications
6
Latest April 14, 2026

Contract details

PIID
16PBGC24C0034
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
Seattle, WA
First action
December 28, 2023
Latest action
April 14, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."

Modification timeline

  • April 14, 2026
    Mod P00006
    $0
  • February 3, 2026
    Mod P00005
    DEOBLIGATE EXPIRED FUNDS FROM PREVIOUS FY AND ADD AN ALTERNATE COR
    $-11.5K
  • November 20, 2025
    Mod P00004
    EXERCISE AND FUND OPTION PERIOD 2 DESCRIPTION: PROVIDE ACTIVE INVESTMENT MANAGEMENT AND RELATED SERVICES FOR A U.S. CORE FIXED INCOME PORTFOLIO. CONSTRUCT A P
    $1.10M
  • October 29, 2024
    Mod P00003
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD 1.
    $1.02M
  • September 20, 2024
    Mod P00002
    THE PURPOSE OF THIS MODIFICATION IS TO INCREASE BASE PERIOD FUNDING BY $80,000 FROM $850,000 TO $930,000.
    $80.0K
  • February 6, 2024
    Mod P00001
    THE PURPOSE OF THIS MODIFICATION IS TO ADD INCREMENTAL FUNDING AND INCREASE THE CEILING OF THE CONTRACT.
    $750.0K
  • December 28, 2023
    Base award
    PORTFOLIO MANAGEMENT & INVESTMENT ADVICE
    $100.0K

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Frequently asked questions

What is contract 16PBGC24C0034?

Contract 16PBGC24C0034 is a federal contract awarded to Pugh Capital Management Inc by Pension Benefit Guaranty Corporation on December 28, 2023 for $3.04 million of work classified under PORTFOLIO MANAGEMENT AND INVESTMENT ADVICE. It has been modified 6 times since the base award.

Who won contract 16PBGC24C0034?

Pugh Capital Management Inc won contract 16PBGC24C0034 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC24C0034 worth?

Contract 16PBGC24C0034 has obligated $3.04 million to date.