Contract 16PBGC24C0036

Merganser Capital Management, Llc · Pension Benefit Guaranty Corporation · July 19, 2024

Firm Fixed PriceFull & Open CompetitionNAICS 523940

Merganser Capital Management, Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on July 19, 2024 for $1.25 million of work in portfolio management and investment advice. Performance is in Boston, MA. 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 13, 2026. If all options are exercised, the contract could reach $2.86 million.

Obligated to date
$1.25M
$1,254,454
Current value
$2.86M
Modifications
3
Latest January 13, 2026

Contract details

PIID
16PBGC24C0036
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
Boston, MA
First action
July 19, 2024
Latest action
January 13, 2026

Description

THE PURPOSE OF THIS BILATERAL MODIFICATION IS TO DEOBLIGATE EXPIRED FUNDS FROM THE BASE PERIOD.

Modification timeline

  • January 13, 2026
    Mod P00007 · Funding Only Action
    $2.86M
  • November 12, 2025
    Mod P00006 · Exercise An Option
    THE PURPOSE OF THIS UNILATERAL MODIFICATION IS TO EXERCISE AND FUND OPTION PERIOD 2 OF THIS CONTRACT WITH A PERIOD OF PERFORMANCE OF JANUARY 1, 2026 - DECEMBER 31, 2026.
    $3.06M
  • August 14, 2024
    Mod P00003 · Supplemental Agreement For Work Within Scope
    INCREMENTAL FUNDING FOR INVESTMENT MANAGEMENT SERVICES
    $725.0K
  • July 19, 2024
    Mod P00002 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO UPDATE PRICING SCHEDULE TO INCLUDE ADDITIONAL PRICING TIERS.
    $475.0K

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Frequently asked questions

What is contract 16PBGC24C0036?

Contract 16PBGC24C0036 is a federal contract awarded to Merganser Capital Management, Llc by Pension Benefit Guaranty Corporation on July 19, 2024 for $1.25 million of work classified under PORTFOLIO MANAGEMENT AND INVESTMENT ADVICE. It has been modified 3 times since the base award.

Who won contract 16PBGC24C0036?

Merganser Capital Management, Llc won contract 16PBGC24C0036 from Pension Benefit Guaranty Corporation.

How much is contract 16PBGC24C0036 worth?

Contract 16PBGC24C0036 has obligated $1.25 million to date, with a total potential value of $2.86 million if all options are exercised.