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Pension Benefit Guaranty Corporation Awarded a Contract to FCN INC for $9,774,973.21

Signed on

9/12/2024, 12:00 AM

FCN INC Government Contract #140D0424F1118

FCN INC was awarded a contract with the United States Government for $9,774,973.21. 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 is FCN INC, a U.S.-Owned Small Business located in Maryland and specializes in IT and Telecom services. The federal contract is for CISCO equipment and software maintenance, funded by the Pension Benefit Guaranty Corporation, worth $2,002,076.16. Notable transactions include a single transaction for the full contract amount on September 12, 2024, with no additional spending reported.

Contract Details

Contract ID140D0424F1118
Contract TypeC
Total Obligation$2,002,076.16
Exercised Options$2,002,076.16
Base Amount + Options$9,774,973.21
Date Signed2024-09-12
Contract DescriptionCISCO EQUIPMENT AND SOFTWARE MAINTENANCE
Start Date2024-09-27
End Date2025-09-26

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

RecipientFCN INC
Recipient Location12501 ARDENNES AVE STE 101 ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00002$0.00July 7, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to FCN INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00November 14, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to FCN INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,002,076.16September 12, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $2,002,076.16 to FCN INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00February 26, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$-136,166.28October 16, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-136,166.28 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$1,992,055.00August 28, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,992,055.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00July 7, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00November 14, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,002,076.16September 12, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $2,002,076.16 to FCN, INC.. The payment included a Subsidy Cost of $0.00.