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Pension Benefit Guaranty Corporation Awarded a Contract to GRANT THORNTON LLP for $224,000,000.00
Signed on
8/18/2022, 12:00 AM
GRANT THORNTON LLP Government Contract #16PBGC22A0006
GRANT THORNTON LLP was awarded a contract with the United States Government for $224,000,000.00. 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
Grant Thornton LLP, an Illinois-based U.S.-owned business, has been awarded a $224 million contract by the Pension Benefit Guaranty Corporation to provide support services for plan asset evaluation and participant data review. The contract falls under a Multiple-Award Blanket Purchase Agreement (BPA) and involves special studies and analysis in accounting and financial management. The contract was signed on August 18, 2022, and will run until August 17, 2025. Notable details include the full and open competition during the solicitation process, with three offers received. The recipient's location is in Chicago, Cook County.