Contract PBGC01CT160036

Nuveen Asset Management, Llc · Pension Benefit Guaranty Corporation · September 7, 2021

Firm Fixed PriceFull & Open CompetitionNAICS 523920

Nuveen Asset Management, Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on September 7, 2021 for $20.09 million (current value) of work in portfolio management. Performance is in Chicago, IL. 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 June 11, 2026. If all options are exercised, the contract could reach $20.09 million.

Current value
$20.09M
Modifications
4
Latest June 11, 2026

Contract details

PIID
PBGC01CT160036
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
Chicago, IL
First action
September 7, 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 SIX-MONTH EXTENSION IS FROM JULY 27, 2026 THROUGH JANUARY 26, 2027.

Modification timeline

  • June 11, 2026
    Mod P00035 · Exercise An Option
    $20.09M
  • February 12, 2026
    Mod P00029 · Funding Only Action
    DEOBLIGATION OF EXPIRED FUNDS
    $18.98M
  • December 11, 2025
    Mod P00028 · Other Administrative Action
    INTERNAL CORRECTION
    $19.86M
  • August 5, 2024
    Mod P00026 · Funding Only Action
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE EXCESS FY22 FUNDS FROM THE CONFORMED CONTRACT.
    $17.74M
  • September 7, 2021
    Mod P00017 · Funding Only Action
    ASSET MANAGEMENT
    $17.74M

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Frequently asked questions

What is contract PBGC01CT160036?

Contract PBGC01CT160036 is a federal contract awarded to Nuveen Asset Management, Llc by Pension Benefit Guaranty Corporation on September 7, 2021 for $20.09 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 4 times since the base award.

Who won contract PBGC01CT160036?

Nuveen Asset Management, Llc won contract PBGC01CT160036 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT160036 worth?

Contract PBGC01CT160036 has obligated $0 to date but carries a potential ceiling of $20.09 million if fully funded and all options are exercised.