Contract 16PBGC25C0057
State Street Corporation · Pension Benefit Guaranty Corporation · March 31, 2025
State Street Corporation was awarded a federal contract by Pension Benefit Guaranty Corporation on March 31, 2025 for $6.86 million of work in trust, fiduciary, and custody activities. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 8 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 14, 2026. If all options are exercised, the contract could reach $33.03 million.
Contract details
- PIID
- 16PBGC25C0057
- Award type
- Definitive Contract
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Full And Open Competition
- NAICS
- 523991 · Trust, Fiduciary, And Custody Activities
- Product / service
- Support- Management: Accounting
- Place of performance
- Washington, DC
- First action
- March 31, 2025
- 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 P00008$0
-
April 10, 2026Mod P00007$0
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March 25, 2026Mod P00006THE PURPOSE OF THIS MODIFICATION IS EXERCISE OPTION PERIOD ONE.$3.11M
-
March 9, 2026Mod P00005THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE ADDITIONAL COUNTRIES TO THE INTERNATIONAL HOLDINGS ASSOCIATED WITH ASSET-BASED FEE AND GLOBAL TRADES ASSOCIAT$0
-
September 17, 2025Mod P00004THE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE REMAINING FY25 FUNDS.$634.0K
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August 19, 2025Mod P00003THE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO UPDATE THE CONTRACTING OFFICER'S REPRESENTATIVE IN THE CONTRACT WRITING SYSTEM.$0
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July 24, 2025Mod P00002SEE SF30 BLOCK 14.$0
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June 25, 2025Mod P00001THE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SERVICING OF PLAN ASSETS. GLOBAL CUSTODY SERVICES INCLUDE SETTLEMENT, SAF$0
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March 31, 2025Base awardTHE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SERVICING OF PLAN ASSETS. GLOBAL CUSTODY SERVICES INCLUDE SETTLEMENT, SAF$3.11M
Similar contracts
| Recipient | Agency | Date | Obligated |
|---|---|---|---|
| State Street Corporation | Pension Benefit Guaranty Corporation | February 10, 2026 | $32.89M |
| Spectrum International, Incorporated | Pension Benefit Guaranty Corporation | December 10, 2025 | $2.10M |
| J. P. Morgan Investment Management Inc. | Pension Benefit Guaranty Corporation | December 10, 2025 | $2.93M |
| Spectrum International, Incorporated | Pension Benefit Guaranty Corporation | September 28, 2022 | $4.00M |
| Wells Fargo & Company | Pension Benefit Guaranty Corporation | September 16, 2009 | $10.0K |
Top contractors in NAICS 523991
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | S E I Investments Management Corporation | 1 | $190.61M |
| 2 | State Street Corporation | 2 | $39.76M |
| 3 | Innovest Systems, Llc | 1 | $39.25M |
| 4 | Spectrum International, Incorporated | 4 | $13.93M |
| 5 | Datacom Sciences Inc | 1 | $6.64M |
| 6 | Colson Services Corp. | 3 | $2.97M |
| 7 | J. P. Morgan Investment Management Inc. | 1 | $2.93M |
| 8 | Guardian Title & Guaranty Agency Inc | 1 | $2.49M |
| 9 | Td Service Company | 168 | $591.4K |
| 10 | Columbus House, Inc | 4 | $389.7K |
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Frequently asked questions
What is contract 16PBGC25C0057?
Contract 16PBGC25C0057 is a federal contract awarded to State Street Corporation by Pension Benefit Guaranty Corporation on March 31, 2025 for $6.86 million of work classified under TRUST, FIDUCIARY, AND CUSTODY ACTIVITIES. It has been modified 8 times since the base award.
Who won contract 16PBGC25C0057?
State Street Corporation won contract 16PBGC25C0057 from Pension Benefit Guaranty Corporation.
How much is contract 16PBGC25C0057 worth?
Contract 16PBGC25C0057 has obligated $6.86 million to date, with a total potential value of $33.03 million if all options are exercised.