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Pension Benefit Guaranty Corporation Awarded a Contract to WILLIS TOWERS WATSON US LLC for $8,847,489.00

Signed on

6/5/2020, 12:00 AM

WILLIS TOWERS WATSON US LLC Government Contract #16PBGC20C0018

WILLIS TOWERS WATSON US LLC was awarded a contract with the United States Government for $8,847,489.00. The contract was awarded by the agency office PENSION BENEFIT GUARANTY CORP, which is a division with the Pension Benefit Guaranty Corporation within the Pension Benefit Guaranty Corporation.

Summary of Award

The recipient of the federal contract is Willis Towers Watson US LLC, which provides pension benefit administration services. The contract, funded by the Pension Benefit Guaranty Corporation, is worth $7,832,432.50. Notable transactions from the list include a transaction amount of -$290,495, -$233,723, and -$8,600 on different dates, indicating varying financial activities related to the contract.

Contract Details

Contract ID16PBGC20C0018
Contract TypeD
Total Obligation$7,832,432.50
Exercised Options$8,847,489.00
Base Amount + Options$8,847,489.00
Date Signed2020-06-05
Contract DescriptionTHE PURPOSE OF THIS CONTRACT IS TO PROVIDE PENSION BENEFIT ADMINISTRATION SERVICES.
Start Date2020-06-05
End Date2025-05-31

Agency Details

Awarding AgencyPension Benefit Guaranty Corporation
Awarding Sub AgencyPension Benefit Guaranty Corporation
Awarding OfficePENSION BENEFIT GUARANTY CORP
Funding AgencyPension Benefit Guaranty Corporation
Funding Sub AgencyPension Benefit Guaranty Corporation
Funding OfficePENSION BENEFIT GUARANTY CORP

Recipient Details

RecipientWILLIS TOWERS WATSON US LLC
Recipient Location800 N GLEBE RD ARLINGTON VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00017$-290,495.00September 18, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-290,495.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$-233,723.00September 18, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-233,723.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$-8,600.00May 29, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-8,600.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$0.00November 13, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$111,280.00November 1, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $111,280.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$220,815.00November 30, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $220,815.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$69,680.00July 29, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $69,680.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$69,200.00March 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $69,200.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$-260,528.00March 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-260,528.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$119,190.00September 26, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $119,190.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-335,554.50August 16, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-335,554.50 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$225,200.00March 31, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $225,200.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$495,687.50March 29, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $495,687.50 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$326,062.50December 31, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $326,062.50 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00November 4, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00May 25, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$2,800,000.00March 31, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $2,800,000.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0$4,000,000.00June 5, 2020

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $4,000,000.00 to WILLIS TOWERS WATSON US LLC. The payment included a Subsidy Cost of $0.00.