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Pension Benefit Guaranty Corporation Awarded a Contract to PRECISELY SOFTWARE INCORPORATED for $272,957.15

Signed on

9/1/2022, 12:00 AM

PRECISELY SOFTWARE INCORPORATED Government Contract #16PBGC22C0025

PRECISELY SOFTWARE INCORPORATED was awarded a contract with the United States Government for $272,957.15. 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 Precisely Software Incorporated, a U.S.-Owned Business based in Burlington, Massachusetts. The contract with a total obligation of $211,814.74 was awarded by the Pension Benefit Guaranty Corporation for Trillium Software services. Notable spending includes total account outlay of $97,270.48 and total account obligation of $153,291.25.

Contract Details

Contract ID16PBGC22C0025
Contract TypeD
Total Obligation$211,814.74
Exercised Options$211,814.74
Base Amount + Options$272,957.15
Date Signed2022-09-01
Contract DescriptionTRILLIUM SOFTWARE
Start Date2022-09-01
End Date2026-06-29

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

RecipientPRECISELY SOFTWARE INCORPORATED
Recipient Location1700 DISTRICT AVE #300 BURLINGTON MASSACHUSETTS, 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 #P00005$58,523.49May 7, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $58,523.49 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$56,020.77May 16, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $56,020.77 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00January 24, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$53,628.95April 11, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $53,628.95 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00September 28, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$43,641.53September 1, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $43,641.53 to PRECISELY SOFTWARE INCORPORATED. The payment included a Subsidy Cost of $0.00.