Contract PBGC01CT160021
Western Asset Management Co, Llc · Pension Benefit Guaranty Corporation · March 30, 2016
Western Asset Management Co, Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on March 30, 2016 for $37.16 million of work in portfolio management. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 48 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on November 25, 2025. If all options are exercised, the contract could reach $611.61 million.
Contract details
- PIID
- PBGC01CT160021
- Award type
- Definitive Contract
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Full And Open Competition
- NAICS
- 523920 · Portfolio Management
- Product / service
- Support- Management: Financial
- Place of performance
- Washington, DC
- First action
- March 30, 2016
- Latest action
- November 25, 2025
Description
DE-OBLIGATION OF EXCESS FY-23, FY-24, AND FY-25 FUNDS IN PREPARATION FOR CONTRACT CLOSEOUT.
Modification timeline
-
November 25, 2025Mod P00048$-4.29M
-
November 22, 2024Mod P00046THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATES FY2022 FUNDING ON THE CONTRACT.$-1.54M
-
November 22, 2024Mod P00047THE PURPOSE OF THIS MODIFICATION IS TO INCREMENTALLY FUND OPTION PERIOD EIGHT.$1.95M
-
February 26, 2024Mod P00045THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP8, INCREASE THE CEILING VALUE, ADD FUNDING, AND UPDATE CLAUSES IN THE CONTRACT.$3.00M
-
October 28, 2023Mod P00044INVESTMENT MANAGEMENT SERVICES$3.00M
-
March 9, 2023Mod P00043INVESTMENT MANAGEMENT SERVICES$3.00M
-
January 26, 2023Mod P00042FINANCIAL MANAGEMENT SERVICES$-13.6K
-
November 3, 2022Mod P00041INVESTMENT MANAGEMENT SERVICES$3.00M
-
July 22, 2022Mod P00040FINANCIAL MANAGEMENT SERVICES$2.00M
-
July 7, 2022Mod P00039FINANCIAL MANAGEMENT SERVICES$-938
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Top contractors in NAICS 523920
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Pacific Investment Management Company Llc | 3 | $146.05M |
| 2 | Pgim, Inc. | 2 | $135.45M |
| 3 | Wellington Management Company Llp | 1 | $89.47M |
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| 5 | Marathon Asset Management Llp | 2 | $71.42M |
| 6 | Arrowstreet Capital Lp | 1 | $63.99M |
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| 9 | Neuberger Berman Investment Advisers Llc | 3 | $55.00M |
| 10 | Tcw Asset Management Company Llc | 1 | $45.12M |
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Frequently asked questions
What is contract PBGC01CT160021?
Contract PBGC01CT160021 is a federal contract awarded to Western Asset Management Co, Llc by Pension Benefit Guaranty Corporation on March 30, 2016 for $37.16 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 48 times since the base award.
Who won contract PBGC01CT160021?
Western Asset Management Co, Llc won contract PBGC01CT160021 from Pension Benefit Guaranty Corporation.
How much is contract PBGC01CT160021 worth?
Contract PBGC01CT160021 has obligated $37.16 million to date, with a total potential value of $611.61 million if all options are exercised.