Contract 16PBGC25P0064
U.S. Bancorp · Pension Benefit Guaranty Corporation · September 18, 2025
U.S. Bancorp was awarded a federal contract by Pension Benefit Guaranty Corporation on September 18, 2025 for $15,000 of work in financial transactions processing, reserve, and clearinghouse activities. Performance is in Minneapolis, MN. It was awarded under full and open competition. The contract has been modified 4 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on June 29, 2026. If all options are exercised, the contract could reach $43,000.
Contract details
- PIID
- 16PBGC25P0064
- Award type
- Purchase Order
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Competed Under Sap
- NAICS
- 522320 · Financial Transactions Processing, Reserve, And Clearinghouse Activities
- Product / service
- Support- Management: Financial
- Place of performance
- Minneapolis, MN
- First action
- September 18, 2025
- Latest action
- June 29, 2026
Description
THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14398, "ADDRESSING DEI DISCRIMINATION BY FEDERAL CONTRACTORS."
Modification timeline
-
June 29, 2026Mod P00007 · Supplemental Agreement For Work Within Scope$14.6K
-
March 2, 2026Mod P00004 · Other Administrative ActionTHE PURPOSE OF THIS MODIFICATION IS TO UPDATE THE SOW TO REMOVE PAPER CHECKS AS AN ACCEPTABLE FORM OF PAYMENT ACCEPTED BY THE LOCKBOX IAW EO 14247 TITLED "MODERNIZING PAYMENTS TO AND FROM AMERICA'S BA…$14.6K
-
February 10, 2026Mod P00003 · Exercise An OptionTHE PURPOSE OF THIS MODIFICATION IS EXERCISE OPTION PERIOD ONE.$14.6K
-
October 14, 2025Mod P00002 · Other Administrative ActionTHE PURPOSE OF THIS MODIFICATION IS TO CHANGE THE CONTRACTING OFFICER FROM MARY SKAGGS TO MARIUS MORGAN.$5.8K
-
September 18, 2025Mod P00001 · Other Administrative ActionRECOMPETE OF CONTRACT NUMBER 16PBGC20C0005 FOR LOCKBOX SERVICE FOR THE MISSING PARTICIPANTS PROGRAM. THE SERVICE SHOULD BE IN ACCORDANCE WITH THE CONTRACT TERMS AND CONDITIONS, THE STATEMENT OF WORK (…$5.8K
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Top contractors in NAICS 522320
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Edfinancial Services Llc | 2 | $13.32M |
| 2 | F.H. Cann & Associates, Inc. | 2 | $12.32M |
| 3 | Jnd Holdings Llc | 1 | $1.84M |
| 4 | Epiq Class Action & Claims Solutions, Inc. | 4 | $395.5K |
| 5 | Missouri Higher Education Loan Authority | 2 | $350.0K |
| 6 | California Time Hospitality Llc | 1 | $336.0K |
| 7 | Laurenty Sa | 6 | $333.3K |
| 8 | Edenred Belgium | 7 | $192.6K |
| 9 | Kropp Holdings, Inc. | 1 | $168.4K |
| 10 | Miscellaneous Foreign Awardees | 4 | $62.5K |
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Frequently asked questions
What is contract 16PBGC25P0064?
Contract 16PBGC25P0064 is a federal contract awarded to U.S. Bancorp by Pension Benefit Guaranty Corporation on September 18, 2025 for $15,000 of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 4 times since the base award.
Who won contract 16PBGC25P0064?
U.S. Bancorp won contract 16PBGC25P0064 from Pension Benefit Guaranty Corporation.
How much is contract 16PBGC25P0064 worth?
Contract 16PBGC25P0064 has obligated $15,000 to date, with a total potential value of $43,000 if all options are exercised.