Contract 16PBGC24C0035
Ramirez Asset Management, Inc. · Pension Benefit Guaranty Corporation · December 28, 2023
Ramirez Asset Management, Inc. was awarded a federal contract by Pension Benefit Guaranty Corporation on December 28, 2023 for $2.31 million 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 7 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 14, 2026.
Contract details
- PIID
- 16PBGC24C0035
- 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
- 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, 2026Mod P00007$0
-
January 20, 2026Mod P00006DEOBLIGATE EXCESS FUNDS FROM THE BASE PERIOD.$-120.9K
-
December 3, 2025Mod P00005THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FUND OPTION PERIOD 2 FROM JANUARY 1, 2026 THROUGH DECEMBER 31, 2026 IN THE AMOUNT OF $970,000. AS A RESULT$970.0K
-
July 22, 2025Mod P00004ACTIVE INVESTMENT MANAGEMENT AND RELATED SERVICES FOR A U.S. CORE FIXED INCOME PORTFOLIO.$0
-
October 15, 2024Mod P00003THE MODIFICATION IS TO EXERCISE AND ADD FUNDING TO OPTION PERIOD ONE OF THE CONFORMED CONTRACT.$900.0K
-
September 23, 2024Mod P00002THE PURPOSE OF THIS MODIFICATION IS TO INCREMENTALLY INCREASE FUNDS FOR THE BASE PERIOD OF PERFORMANCE OF THIS CONTRACT.$160.0K
-
March 1, 2024Mod P00001THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDINGE TO THE CONTRACT.$300.0K
-
December 28, 2023Base awardPORTFOLIO MANAGEMENT SERVICES$100.0K
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Top contractors in NAICS 523940
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Pugh Capital Management Inc | 2 | $3.43M |
| 2 | Colchester Global Investors Limited | 1 | $3.16M |
| 3 | Aqr Capital Management Llc | 1 | $3.00M |
| 4 | Los Angeles Capital Management Llc | 1 | $3.00M |
| 5 | New Century Advisors Llc | 2 | $2.93M |
| 6 | Merganser Capital Management, Llc | 1 | $2.86M |
| 7 | Longfellow Investment Management Co., Llc | 2 | $2.82M |
| 8 | Recursion Co | 1 | $2.72M |
| 9 | Ramirez Asset Management, Inc. | 1 | $2.31M |
| 10 | Kpmg Llp | 5 | $1.55M |
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Frequently asked questions
What is contract 16PBGC24C0035?
Contract 16PBGC24C0035 is a federal contract awarded to Ramirez Asset Management, Inc. by Pension Benefit Guaranty Corporation on December 28, 2023 for $2.31 million of work classified under PORTFOLIO MANAGEMENT AND INVESTMENT ADVICE. It has been modified 7 times since the base award.
Who won contract 16PBGC24C0035?
Ramirez Asset Management, Inc. won contract 16PBGC24C0035 from Pension Benefit Guaranty Corporation.
How much is contract 16PBGC24C0035 worth?
Contract 16PBGC24C0035 has obligated $2.31 million to date.