Contract PBGC01CT160015
Pgim, Inc. · Pension Benefit Guaranty Corporation · August 14, 2024
Pgim, Inc. was awarded a federal contract by Pension Benefit Guaranty Corporation on August 14, 2024 for $4.40 million of work in portfolio management. Performance is in Newark, NJ. 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 March 12, 2026. If all options are exercised, the contract could reach $315.77 million.
Contract details
- PIID
- PBGC01CT160015
- Award type
- Definitive Contract
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Full And Open Competition
- NAICS
- 523920 · Portfolio Management
- Product / service
- Support- Management: Financial
- Place of performance
- Newark, NJ
- First action
- August 14, 2024
- Latest action
- March 12, 2026
Description
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FULLY FUND THE SIX MONTH OPTION PERIOD IN ACCORDANCE WITH FAR 52.217 8, OPTION TO EXTEND SERVICES.
Modification timeline
-
March 12, 2026Mod P00051 · Exercise An Option$117.60M
-
February 18, 2026Mod P00050 · Other Administrative ActionDE-OBLIGATE FY23/24 FUNDS AND ADD ALTERNATE COR$112.70M
-
October 30, 2025Mod P00049 · Funding Only ActionTHE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE FY 26 QUARTER ONE FUNDING.$116.21M
-
October 8, 2025Mod P00048 · Other Administrative ActionTHE PURPOSE OF THIS MODIFICATION IS TO UPDATE THE CONTRACTING OFFICER FROM MARY SKAGGS TO MARIUS MORGAN. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED.$111.61M
-
August 14, 2024Mod P00045 · Funding Only ActionTHIS MODIFICATION DE-OBLIGATES UNUSED FY22 (OP6) FUNDS ON THE CONFORMED CONTRACT.$116.21M
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Top contractors in NAICS 523920
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Arrowstreet Capital Lp | 1 | $11.15M |
| 2 | Pacific Investment Management Company Llc | 1 | $8.02M |
| 3 | Pgim, Inc. | 1 | $5.99M |
| 4 | Wellington Management Company Llp | 1 | $5.42M |
| 5 | Allspring Global Investments, Llc | 1 | $5.30M |
| 6 | Tcw Asset Management Company Llc | 1 | $4.40M |
| 7 | Marathon Asset Management Limited | 1 | $3.72M |
| 8 | Goldman Sachs Asset Management, L.P | 1 | $2.67M |
| 9 | Neuberger Berman Investment Advisers Llc | 1 | $2.12M |
| 10 | Principal Real Estate Investors Llc | 1 | $-544.4K |
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Frequently asked questions
What is contract PBGC01CT160015?
Contract PBGC01CT160015 is a federal contract awarded to Pgim, Inc. by Pension Benefit Guaranty Corporation on August 14, 2024 for $4.40 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 4 times since the base award.
Who won contract PBGC01CT160015?
Pgim, Inc. won contract PBGC01CT160015 from Pension Benefit Guaranty Corporation.
How much is contract PBGC01CT160015 worth?
Contract PBGC01CT160015 has obligated $4.40 million to date, with a total potential value of $315.77 million if all options are exercised.