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Pension Benefit Guaranty Corporation Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $9,972,268.80

Signed on

8/3/2021, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #16PBGC21A0005

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $9,972,268.80. 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 the International Business Machines Corporation. The contract, issued by the Pension Benefit Guaranty Corporation, is for management consulting support services and is worth $9,972,268.80. The contract spans from July 30, 2021, to July 29, 2026. Multiple modifications have been made to the contract, with various transaction amounts recorded, all involving the same recipient.

Contract Details

Contract ID16PBGC21A0005
Contract TypeIDV_E
Total Obligation$0.00
Exercised Options
Base Amount + Options$9,972,268.80
Date Signed2021-08-03
Contract DescriptionMANAGEMENT CONSULTING SUPPORT SERVICES
Start Date2021-07-30
End Date2026-07-29

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

RecipientINTERNATIONAL BUSINESS MACHINES CORPORATION
Recipient Location6710 ROCKLEDGE DRIVE BETHESDA MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00010$0.00March 31, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$0.00September 24, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$0.00June 7, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00May 28, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00March 15, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00September 13, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00September 13, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00July 6, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00July 13, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00November 8, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$0.00August 3, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.