Contract 16PBGC25C0057
State Street Corporation · Pension Benefit Guaranty Corporation · June 25, 2025
State Street Corporation was awarded a federal contract by Pension Benefit Guaranty Corporation on June 25, 2025 for $3.75 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 5 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on March 25, 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
- June 25, 2025
- Latest action
- March 25, 2026
Description
THE PURPOSE OF THIS MODIFICATION IS EXERCISE OPTION PERIOD ONE.
Modification timeline
-
March 25, 2026Mod P00006 · Exercise An Option$6.86M
-
March 9, 2026Mod P00005 · Supplemental Agreement For Work Within ScopeTHE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE ADDITIONAL COUNTRIES TO THE INTERNATIONAL HOLDINGS ASSOCIATED WITH ASSET-BASED FEE AND GLOBAL TRADES ASSOCIATED WITH TRANSACTION FEES.$3.75M
-
September 17, 2025Mod P00004 · Funding Only ActionTHE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE REMAINING FY25 FUNDS.$3.75M
-
August 19, 2025Mod P00003 · Other Administrative ActionTHE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO UPDATE THE CONTRACTING OFFICER'S REPRESENTATIVE IN THE CONTRACT WRITING SYSTEM.$3.11M
-
July 24, 2025Mod P00002 · Other Administrative ActionSEE SF30 BLOCK 14.$3.11M
-
June 25, 2025Mod P00001 · Supplemental Agreement For Work Within ScopeTHE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SERVICING OF PLAN ASSETS. GLOBAL CUSTODY SERVICES INCLUDE SETTLEMENT, SAFEKEEPING, DELIVERY, INVESTMENT ACCOUNTIN…$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 |
Top contractors in NAICS 523991
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | State Street Corporation | 2 | $3.11M |
| 2 | Innovest Systems, Llc | 1 | $2.50M |
| 3 | Columbus House, Inc | 2 | $33.9K |
| 4 | Miscellaneous Foreign Awardees | 2 | $0 |
| 5 | Spectrum International, Incorporated | 1 | $0 |
| 6 | Guidehouse Inc. | 1 | $0 |
| 7 | J. P. Morgan Investment Management Inc. | 1 | $-1.38M |
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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 June 25, 2025 for $3.75 million of work classified under TRUST, FIDUCIARY, AND CUSTODY ACTIVITIES. It has been modified 5 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 $3.75 million to date, with a total potential value of $33.03 million if all options are exercised.