Pension Benefit Guaranty Corporation Awarded a Contract to REGAN TECHNOLOGIES CORP for $29,026,754.59

Q: Where is REGAN TECHNOLOGIES CORP located?

515 CENTERPOINT DR STE 115 MIDDLETOWN CONNECTICUT UNITED STATES

Signed on

5/28/2024, 12:00 AM

REGAN TECHNOLOGIES CORP Government Contract #140D0424F0662

REGAN TECHNOLOGIES CORP was awarded a contract with the United States Government for $29,026,754.59. The contract was awarded by the agency office IBC ACQ SVCS DIRECTORATE (00004), which is a division with the Departmental Offices within the Department of the Interior.

Summary of Award

The recipient of the federal contract is Regan Technologies Corp, a U.S.-owned business located in Middletown, Connecticut. The contract is for a Microsoft Enterprise License Agreement (ELA) software, funded by the Pension Benefit Guaranty Corporation with a total obligation of $14,344,066.38. Notable transactions include amounts of $6,237,963.82, $1,220,549.38, $1,410,000, and $5,475,553.18 for various purposes related to the contract.

Contract Details

Contract ID140D0424F0662

Contract TypeC

Total Obligation$14,344,066.38

Exercised Options$17,620,046.34

Base Amount + Options$29,026,754.59

Date Signed2024-05-28

Contract DescriptionMICROSOFT ENTERPRISE LICENSE AGREEMENT (ELA) SOFTWARE

Start Date2024-06-01

End Date2026-05-31

Agency Details

Awarding AgencyDepartment of the Interior

Awarding Sub AgencyDepartmental Offices

Awarding OfficeIBC ACQ SVCS DIRECTORATE (00004)

Funding AgencyPension Benefit Guaranty Corporation

Funding Sub AgencyPension Benefit Guaranty Corporation

Funding OfficePENSION BENEFIT GUARANTY CORP

Recipient Details

RecipientREGAN TECHNOLOGIES CORP

Recipient Location515 CENTERPOINT DR STE 115 MIDDLETOWN CONNECTICUT, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00004 | $6,237,963.82May 23, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $6,237,963.82 to REGAN TECHNOLOGIES CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $1,220,549.38February 20, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,220,549.38 to REGAN TECHNOLOGIES CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00September 24, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to REGAN TECHNOLOGIES CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $1,410,000.00August 8, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,410,000.00 to REGAN TECHNOLOGIES CORP. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $5,475,553.18May 28, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $5,475,553.18 to REGAN TECHNOLOGIES CORP. The payment included a Subsidy Cost of $0.00.