What was the dollar value of contract PBGC01CT170029?

The total obligated amount for contract PBGC01CT170029 is $63,990,636.

When was contract PBGC01CT170029 awarded?

Contract PBGC01CT170029 was first awarded on March 30, 2017.

What NAICS code does contract PBGC01CT170029 fall under?

Contract PBGC01CT170029 is classified under NAICS code 523920.

What agency awarded contract PBGC01CT170029?

Contract PBGC01CT170029 was awarded by Pension Benefit Guaranty Corporation.

Contract PBGC01CT170029

Name: Contract PBGC01CT170029 — federal award record
Creator: BesaGov
License: https://www.usa.gov/government-works

Arrowstreet Capital Lp · Pension Benefit Guaranty Corporation · March 30, 2017

Firm Fixed PriceFull & Open CompetitionNAICS 523920

Arrowstreet Capital Lp was awarded a federal contract by Pension Benefit Guaranty Corporation on March 30, 2017 for $63.99 million of work in portfolio management. 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

$63.99M

$63,990,636

Current value

$63.99M

Modifications

Latest April 14, 2026

Contract details

PIID: PBGC01CT170029
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: Boston, MA
First action: March 30, 2017
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 P00034

$0
April 12, 2026

Mod P00033

$0
March 31, 2026

Mod P00032
THE PURPOSE OF THIS MODIFICATION IS TO REVISE SECTION B.2, FEE SCHEDULE, OF CONTRACT NO. PBGC01CT170029. THIS MODIFICATION RELOCATES THE FEE SCHEDULE CURRENTLY

$0
March 4, 2026

Mod P00031
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD NINE.

$12.30M
February 23, 2026

Mod P00030
THE PURPOSE OF THIS BILATERAL MODIFICATION IS TO DEOBLIGATE UNUSED FY2023 AND FY2024 FUNDING TOTALING $1,150,434.69 FROM THE CONTRACT.

$-1.15M

August 25, 2025

Mod P00029
INCREMENTAL FUNDING FOR OP 8.

$800.0K
March 17, 2025

Mod P00028
EXERCISE AND FUND OPTION PERIOD 8

$9.00M
August 30, 2024

Mod P00027
THE PURPOSE IS TO ADD FUNDING TO THIS CONTRACT VIA THE LIMITATION OF FUNDS CLAUSE

$400.0K
June 18, 2024

Mod P00026
THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS ON THE CONTRACT.

$-1.85M
March 5, 2024

Mod P00025
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP7,INCREASE THE CEILING, ADD FUNDING, AND ADD A REQUIRED CLAUSE TO THE CONTRACT.

$8.00M

Similar contracts

Recipient	Agency	Date	Obligated
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
Pgim, Inc.	Pension Benefit Guaranty Corporation	March 12, 2026	$117.60M
Tcw Asset Management Company Llc	Pension Benefit Guaranty Corporation	March 9, 2026	$45.12M
Goldman Sachs Asset Management, L.P	Pension Benefit Guaranty Corporation	March 2, 2026	$34.43M
Neuberger Berman Investment Advisers Llc	Pension Benefit Guaranty Corporation	March 2, 2026	$29.69M

Top contractors in NAICS 523920

Lifetime obligated dollars across all federal contracts in this NAICS code.

#	Contractor	Contracts	Obligated
1	Pacific Investment Management Company Llc	3	$146.05M
2	Pgim, Inc.	2	$135.45M
3	Wellington Management Company Llp	1	$89.47M
4	Blackrock Institutional Trust Company National Association	3	$72.33M
5	Marathon Asset Management Llp	2	$71.42M
6	Arrowstreet Capital Lp	1	$63.99M
7	Goldman Sachs Asset Management, L.P	2	$58.14M
8	Western Asset Management Co, Llc	2	$55.17M
9	Neuberger Berman Investment Advisers Llc	3	$55.00M
10	Tcw Asset Management Company Llc	1	$45.12M

Track this on BesaGov

Get a free weekly email when this changes — new awards, new sub-awards, new opportunities. No login required.

Helpful guides

Continue learning

See all guides →

Keep researching

Frequently asked questions

What is contract PBGC01CT170029?

Contract PBGC01CT170029 is a federal contract awarded to Arrowstreet Capital Lp by Pension Benefit Guaranty Corporation on March 30, 2017 for $63.99 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 34 times since the base award.

Who won contract PBGC01CT170029?

Arrowstreet Capital Lp won contract PBGC01CT170029 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT170029 worth?

Contract PBGC01CT170029 has obligated $63.99 million to date.