Contract PBGC01CT150006

State Street Corporation · Pension Benefit Guaranty Corporation · September 29, 2014

Firm Fixed PriceFull & Open CompetitionNAICS 523991

State Street Corporation was awarded a federal contract by Pension Benefit Guaranty Corporation on September 29, 2014 for $32.89 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 56 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on February 10, 2026. If all options are exercised, the contract could reach $63.97 million.

Obligated to date
$32.89M
$32,893,852
Current value
$63.97M
Modifications
56
Latest February 10, 2026

Contract details

PIID
PBGC01CT150006
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
September 29, 2014
Latest action
February 10, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO CLOSE OUT THIS CONTRACT.

Modification timeline

  • February 10, 2026
    Mod P00056
    $0
  • August 22, 2025
    Mod P00055
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDING IN THE AMOUNT OF $148,858.70 PRIOR TO CONTRACT CLOSEOUT.
    $-148.9K
  • June 5, 2025
    Mod P00054
    THIS IS A MIGRATED AWARD PLEASE REVIEW THE AWARD FOR DETAILED DESCRIPTION
    $-118.3K
  • March 28, 2025
    Mod P00053
    THE PURPOSE OF THIS MODIFICATION IS ADDING FUNDING TO THE CONTRACT.
    $400.0K
  • September 20, 2024
    Mod P00052
    THE PURPOSE OF THIS MODIFICATION IS TO EXTEND THE TERM OF THE CONTRACT FOR SIX MONTHS WITH A PERIOD OF PERFORMANCE FROM SEPTEMBER 30, 2024 TO MARCH 31, 2025.
    $1.60M
  • September 13, 2024
    Mod P00051
    ADD FUNDING AND REDUCE PERIOD OF PERFORMANCE
    $300.0K
  • August 5, 2024
    Mod P00050
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FY23 FUNDS FROM OPTION PERIOD EIGHT.
    $-157.7K
  • March 19, 2024
    Mod P00049
    ADD IPP CLAUSE.
    $0
  • February 20, 2024
    Mod P00048
    ADDING A MANDATORY CLAUSE TO CUSTODIAL BANK REQUIREMENT.
    $0
  • November 3, 2023
    Mod P00047
    THE PURPOSE OF THIS MODIFICATION WAS TO INCREMENTALLY FUND OPTION PERIOD 9.
    $3.20M

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Frequently asked questions

What is contract PBGC01CT150006?

Contract PBGC01CT150006 is a federal contract awarded to State Street Corporation by Pension Benefit Guaranty Corporation on September 29, 2014 for $32.89 million of work classified under TRUST, FIDUCIARY, AND CUSTODY ACTIVITIES. It has been modified 56 times since the base award.

Who won contract PBGC01CT150006?

State Street Corporation won contract PBGC01CT150006 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT150006 worth?

Contract PBGC01CT150006 has obligated $32.89 million to date, with a total potential value of $63.97 million if all options are exercised.