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Contract PBGC01CT170003

Mfs Institutional Advisors Inc · Pension Benefit Guaranty Corporation · July 18, 2024

Firm Fixed PriceFull & Open CompetitionNAICS 523110

Mfs Institutional Advisors Inc was awarded a federal contract by Pension Benefit Guaranty Corporation on July 18, 2024 for $1.97 million of work in investment banking and securities dealing. Performance is in Boston, MA. 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 February 2, 2026. If all options are exercised, the contract could reach $12.05 million.

Obligated to date
$1.97M
$1,967,995
Current value
$12.05M
Modifications
2
Latest February 2, 2026

Contract details

PIID
PBGC01CT170003
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
523110 · Investment Banking And Securities Dealing
Product / service
Support- Management: Financial
Place of performance
Boston, MA
First action
July 18, 2024
Latest action
February 2, 2026

Description

DE-OBLIGATE FY23 FUNDS AND ADD ALTERNATE COR

Modification timeline

  • February 2, 2026
    Mod P00034 · Funding Only Action
    $12.05M
  • October 27, 2025
    Mod P00033 · Exercise An Option
    EXERCISE OPTION PERIOD TEN
    $12.21M
  • July 18, 2024
    Mod P00029 · Funding Only Action
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS AND DECREASE THE OVERALL CEILING VALUE OF THE CONFORMED CONTRACT.
    $7.19M

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4Elocen Group, Llc (The)2$361.6K
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8Performance Equity Management, Llc1$-729.5K

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Frequently asked questions

What is contract PBGC01CT170003?

Contract PBGC01CT170003 is a federal contract awarded to Mfs Institutional Advisors Inc by Pension Benefit Guaranty Corporation on July 18, 2024 for $1.97 million of work classified under INVESTMENT BANKING AND SECURITIES DEALING. It has been modified 2 times since the base award.

Who won contract PBGC01CT170003?

Mfs Institutional Advisors Inc won contract PBGC01CT170003 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT170003 worth?

Contract PBGC01CT170003 has obligated $1.97 million to date, with a total potential value of $12.05 million if all options are exercised.