Contract PBGC01CT170027
Neuberger Berman Investment Advisers Llc · Pension Benefit Guaranty Corporation · July 11, 2024
Neuberger Berman Investment Advisers Llc was awarded a federal contract by Pension Benefit Guaranty Corporation on July 11, 2024 for $1.34 million of work in portfolio management. Performance is in Washington, DC. 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 March 2, 2026. If all options are exercised, the contract could reach $34.55 million.
Contract details
- PIID
- PBGC01CT170027
- 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
- Washington, DC
- First action
- July 11, 2024
- Latest action
- March 2, 2026
Description
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD 9 (MARCH 31, 2026 - MARCH 30, 2027) AND OBLIGATE FUNDING IN THE AMOUNT OF $3,500,000.
Modification timeline
-
March 2, 2026Mod P00025 · Exercise An Option$29.69M
-
January 20, 2026Mod P00024 · Funding Only ActionTHE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE EXPIRED FY23 AND FY24 FUNDS.$26.19M
-
September 17, 2025Mod P00023 · Funding Only ActionADDITIONAL FUNDING FOR MANAGEMENT FEES$27.58M
-
July 11, 2024Mod P00021 · Supplemental Agreement For Work Within ScopeDEOBLIGATION OF FY22 FUNDS FROM OPTION PERIOD 5$24.68M
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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 PBGC01CT170027?
Contract PBGC01CT170027 is a federal contract awarded to Neuberger Berman Investment Advisers Llc by Pension Benefit Guaranty Corporation on July 11, 2024 for $1.34 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 3 times since the base award.
Who won contract PBGC01CT170027?
Neuberger Berman Investment Advisers Llc won contract PBGC01CT170027 from Pension Benefit Guaranty Corporation.
How much is contract PBGC01CT170027 worth?
Contract PBGC01CT170027 has obligated $1.34 million to date, with a total potential value of $34.55 million if all options are exercised.