Contract PBGC01CT160023
Allspring Global Investments, Llc · Pension Benefit Guaranty Corporation · August 21, 2024
Allspring Global Investments, Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on August 21, 2024 for $4.74 million of work in portfolio management. Performance is in San Francisco, CA. It was awarded under full and open competition. The contract has been modified 2 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 $32.32 million.
Contract details
- PIID
- PBGC01CT160023
- 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
- San Francisco, CA
- First action
- August 21, 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$32.32M
-
December 16, 2025Mod P00050 · Funding Only ActionTHE PURPOSE OF THIS UNILATERAL MODIFICATION IS TO INCREMENTALLY FUND OPTION PERIOD 9 IN THE AMOUNT OF $2,600,000 FOR THE PERIOD OF OCTOBER 1, 2025 THROUGH MARCH 31, 2026.$29.62M
-
August 21, 2024Mod P00045 · Other Administrative ActionTHE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FY22 UNUSED FUNDS ON THE CONFORMED CONTRACT.$22.22M
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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 PBGC01CT160023?
Contract PBGC01CT160023 is a federal contract awarded to Allspring Global Investments, Llc by Pension Benefit Guaranty Corporation on August 21, 2024 for $4.74 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 2 times since the base award.
Who won contract PBGC01CT160023?
Allspring Global Investments, Llc won contract PBGC01CT160023 from Pension Benefit Guaranty Corporation.
How much is contract PBGC01CT160023 worth?
Contract PBGC01CT160023 has obligated $4.74 million to date, with a total potential value of $32.32 million if all options are exercised.