SAMDaily.us | SNOTE | R | Sole Source Justification

SAMDAILY.US - ISSUE OF OCTOBER 02, 2022 SAM #7611
SPECIAL NOTICE

R -- Sole Source Justification

Notice Date: 9/30/2022 11:48:24 AM
Notice Type: Justification
NAICS: 523110 — Investment Banking and Securities Dealing
Contracting Office: PENSION BENEFIT GUARANTY CORP WASHINGTON DC 20005 USA
ZIP Code: 20005
Solicitation Number: 16PBGC18C0006
Archive Date: 10/14/2022
Point of Contact: Jeff Gangi, Phone: 2022075003, Rudy Baldus
E-Mail Address: gangi.jeffrey@pbgc.gov, baldus.carl@pbgc.gov
(gangi.jeffrey@pbgc.gov, baldus.carl@pbgc.gov)
Award Number: 16PBGC18C0002
Award Date: 10/01/2022
Description: PBGC is modifying contract 16PBGC18C0006 with NISA Investment Advisors LLC to raise the cap on fees collected for services managing the PBGC Revolving Fund Investment. The modification is driven by a Treasury Department mandate to reduce revolving fund gains.� PBGC currently has more than $50 billion Revolving Fund assets. �NISA is the only responsible source to manage a Revolving Fund account of this size and scope under the current Treasury mandate.� All responsible sources may submit a capability statement, proposal, or quotation, which shall be considered by the agency.
Web Link: SAM.gov Permalink
(https://sam.gov/opp/f50f77c3586d49eea7d734e8f9403661/view)
Place of Performance: Address: Saint Louis, MO 63105, USA; Zip Code: 63105; Country: USA
Record: SN06483695-F 20221002/220930230109 (samdaily.us)
Source: SAM.gov Link to This Notice
(may not be valid after Archive Date)

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