Contract 16PBGC24C0035
Ramirez Asset Management, Inc. · Pension Benefit Guaranty Corporation · September 23, 2024
Ramirez Asset Management, Inc. was awarded a federal contract by Pension Benefit Guaranty Corporation on September 23, 2024 for $1.01 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 3 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on January 20, 2026. If all options are exercised, the contract could reach $2.31 million.
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
- September 23, 2024
- Latest action
- January 20, 2026
Description
DEOBLIGATE EXCESS FUNDS FROM THE BASE PERIOD.
Modification timeline
-
January 20, 2026Mod P00006 · Funding Only Action$2.31M
-
December 3, 2025Mod P00005 · Exercise An OptionTHE 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 OF THIS MODIFICATION, THE FOLLOWING CHAN…$2.43M
-
July 22, 2025Mod P00004 · Other Administrative ActionACTIVE INVESTMENT MANAGEMENT AND RELATED SERVICES FOR A U.S. CORE FIXED INCOME PORTFOLIO.$1.46M
-
September 23, 2024Mod P00002 · Funding Only ActionTHE PURPOSE OF THIS MODIFICATION IS TO INCREMENTALLY INCREASE FUNDS FOR THE BASE PERIOD OF PERFORMANCE OF THIS CONTRACT.$560.0K
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Top contractors in NAICS 523940
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|---|---|---|---|
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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 September 23, 2024 for $1.01 million of work classified under PORTFOLIO MANAGEMENT AND INVESTMENT ADVICE. It has been modified 3 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 $1.01 million to date, with a total potential value of $2.31 million if all options are exercised.