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Contract PBGC01CT170003

Mfs Institutional Advisors Inc · Pension Benefit Guaranty Corporation · June 23, 2016

Firm Fixed PriceFull & Open CompetitionNAICS 523110

Mfs Institutional Advisors Inc was awarded a federal contract by Pension Benefit Guaranty Corporation on June 23, 2016 for $12.05 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 34 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 14, 2026.

Obligated to date
$12.05M
$12,053,982
Current value
$12.05M
Modifications
34
Latest April 14, 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
June 23, 2016
Latest action
April 14, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."

Modification timeline

  • April 14, 2026
    Mod P00035
    $0
  • February 2, 2026
    Mod P00034
    DE-OBLIGATE FY23 FUNDS AND ADD ALTERNATE COR
    $-160.7K
  • October 27, 2025
    Mod P00033
    EXERCISE OPTION PERIOD TEN
    $2.50M
  • June 17, 2025
    Mod P00032
    ADD FUNDS TO OPTION PERIOD 8
    $350.0K
  • April 9, 2025
    Mod P00031
    THE CONTRACT PROVIDES ACTIVE INVESTMENT MANAGEMENT AND RELATED SERVICES FOR FIXED INCOME PORTFOLIOS.
    $0
  • October 11, 2024
    Mod P00030
    THIS MODIFICATION EXERCISES OPTION PERIOD 8 INVESTMENT MANAGEMENT SERVICES
    $2.17M
  • July 18, 2024
    Mod P00029
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS AND DECREASE THE OVERALL CEILING VALUE OF THE CONFORMED CONTRACT.
    $-371.3K
  • March 25, 2024
    Mod P00028
    THE PURPOSE OF THIS MODIFICATION TO ADD THREE NEWLY REQUIRED CLAUSES.
    $0
  • October 30, 2023
    Mod P00027
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE AND FULLY FUND OPTION PERIOD EIGHT AND TO ADD OBLIGATED FUNDING TO THE CONTRACT.
    $1.20M
  • August 2, 2023
    Mod P00026
    INVESTMENT MANAGEMENT SERVICES
    $-2.5K
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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 June 23, 2016 for $12.05 million of work classified under INVESTMENT BANKING AND SECURITIES DEALING. It has been modified 34 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 $12.05 million to date.