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PBGC01CT170027

Definitive Contract

Overview

Government Description
INVESTMENT MANAGEMENT SERVICES
Place of Performance
Washington, DC 20005 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Full And Open Competition
Est. Average FTE
13
Analysis Notes
Amendment Since initial award the Potential Award value has increased 15% from $28,010,000 to $32,236,000.
Neuberger Berman Investment Advisers was awarded Definitive Contract PBGC01CT170027 PBGC01CT170027 for Investment Management Services worth up to $32,236,000 by Pension Benefit Guaranty Corporation in March 2017. The contract has a duration of 10 years and was awarded through solicitation Active EAFE Investment Management Services full & open with NAICS 523920 and PSC R710 via direct negotiation acquisition procedures with 22 bids received. As of today, the Definitive Contract has a total reported backlog of $4,860,291 and funded backlog of $445,057.

Status
(Open)

Last Modified 4/24/25
Period of Performance
3/31/17
Start Date
3/30/26
Current End Date
3/30/27
Potential End Date
81.0% Complete

Obligations and Backlog
$27.4M
Total Obligated
$27.8M
Current Award
$32.2M
Potential Award
85% Funded
$445.1K
Funded Backlog
$4.9M
Total Backlog

Award Hierarchy

Definitive Contract

PBGC01CT170027

Subcontracts

0

Activity Timeline

Interactive chart of timeline of amendments to PBGC01CT170027

Opportunity Lifecycle

Procurement history for PBGC01CT170027

Transaction History

Modifications to PBGC01CT170027

People

Suggested agency contacts for PBGC01CT170027

Competition

Number of Bidders
22
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item Procedures Not Used
Simplified Procedures for Commercial Items
No

Other Categorizations

Subcontracting Plan
Plan Not Included (No Subcontracting Possibilities)
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
ZFP7D6CLU8N3
Awardee CAGE
65EG1
Agency Detail
Awarding Office
16PBGC PENSION BENEFIT GUARANTY CORP
Funding Office
16PBGC
Created By
walton.matthew@pbgc.gov
Last Modified By
bradley.diahanna@pbgc.gov
Approved By
bradley.diahanna@pbgc.gov

Legislative

Legislative Mandates
None Applicable
Performance District
DC-98

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Pension Benefit Guaranty Corporation Fund, Pension Benefit Guaranty Corporation, Labor (016-4204) General retirement and disability insurance (excluding social se Other services from non-Federal sources (25.2) $13,760,000 69%
Pension Benefit Guaranty Corporation Fund, Pension Benefit Guaranty Corporation, Labor (016-4204) General retirement and disability insurance (excluding social se Advisory and assistance services (25.1) $6,048,995 31%
Modified: 4/24/25