Contract PBGC01CT160035
Principal Real Estate Investors Llc · Pension Benefit Guaranty Corporation · September 15, 2021
Principal Real Estate Investors Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on September 15, 2021 for $23.19 million (current value) of work in portfolio management. Performance is in Des Moines, IA. It was awarded under full and open competition. The contract has been modified 3 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on June 11, 2026. If all options are exercised, the contract could reach $23.19 million.
Contract details
- PIID
- PBGC01CT160035
- 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
- Des Moines, IA
- First action
- September 15, 2021
- Latest action
- June 11, 2026
Description
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE THE SIX-MONTH EXTENSION IN ACCORDANCE WITH FAR CLAUSE 52.217-8. THE PERIOD OF PERFORMANCE FOR THE SIXTH-MONTH EXTENSION IS FROM JULY 27, 2026 THROUGH JANUARY 26, 2027.
Modification timeline
-
June 11, 2026Mod P00033 · Exercise An Option$23.19M
-
February 10, 2026Mod P00029 · Funding Only ActionTHE PURPOSE OF THIS BILATERAL MODIFICATION IS TO DEOBLIGATE UNUSED FY 2023 AND FY 2024 FUNDING IN THE AMOUNT OF $544,390.52. THE DEOBLIGATIONS ARE AS FOLLOWS: CLIN 7002 DEOBLIGATION: ($539,220.06) CL…$21.84M
-
July 2, 2024Mod P00027 · Funding Only ActionTHE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUND FROM THE CONFORMED CONTRACT.$19.73M
-
September 15, 2021Mod P00020 · Other Administrative ActionINVESTMENT MANAGEMENT SERVICES$19.73M
Similar contracts
| Recipient | Agency | Date | Obligated |
|---|---|---|---|
| Aqr Capital Management Llc | Pension Benefit Guaranty Corporation | June 30, 2026 | $30.75M |
| Arrowstreet Capital Lp | Pension Benefit Guaranty Corporation | June 18, 2026 | $63.99M |
| Nuveen Asset Management, Llc | Pension Benefit Guaranty Corporation | June 11, 2026 | $20.09M |
| Duff & Phelps Investment Management Co | Pension Benefit Guaranty Corporation | June 11, 2026 | $20.19M |
| Wellington Management Company Llp | Pension Benefit Guaranty Corporation | March 12, 2026 | $89.47M |
| Allspring Global Investments, Llc | Pension Benefit Guaranty Corporation | March 12, 2026 | $32.32M |
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 |
Track this on BesaGov
Get a free weekly email when this changes — new awards, new sub-awards, new opportunities. No login required.
Continue learning
Keep researching
Frequently asked questions
What is contract PBGC01CT160035?
Contract PBGC01CT160035 is a federal contract awarded to Principal Real Estate Investors Llc by Pension Benefit Guaranty Corporation on September 15, 2021 for $23.19 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 3 times since the base award.
Who won contract PBGC01CT160035?
Principal Real Estate Investors Llc won contract PBGC01CT160035 from Pension Benefit Guaranty Corporation.
How much is contract PBGC01CT160035 worth?
Contract PBGC01CT160035 has obligated $0 to date but carries a potential ceiling of $23.19 million if fully funded and all options are exercised.