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Pension Benefit Guaranty Corporation Awarded a Contract to CRAIN COMMUNICATIONS, INC. for $40,688.00

Signed on

9/22/2023, 12:00 AM

CRAIN COMMUNICATIONS, INC. Government Contract #16PBGC23C0026

CRAIN COMMUNICATIONS, INC. was awarded a contract with the United States Government for $40,688.00. 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 Crain Communications, Inc., a U.S.-owned business based in Detroit, Michigan. The contract, issued by the Pension Benefit Guaranty Corporation, is for P&I Investments Subscription and is worth $40,688. Notable spending patterns include transaction amounts of $14,228, $13,550, and $12,910 on different dates related to the contract.

Contract Details

Contract ID16PBGC23C0026
Contract TypeD
Total Obligation$40,688.00
Exercised Options$40,688.00
Base Amount + Options$40,688.00
Date Signed2023-09-22
Contract DescriptionP&I INVESTMENTS SUBSCRIPTION
Start Date2023-09-30
End Date2026-09-29

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

RecipientCRAIN COMMUNICATIONS, INC.
Recipient Location1155 GRATIOT AVE DETROIT MICHIGAN, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003 | $14,228.00September 2, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $14,228.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00September 17, 2024

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

This payment could indicate a change to the existing contract.

Transaction #P00001 | $13,550.00August 5, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $13,550.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $12,910.00September 22, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $12,910.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00April 14, 2026

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

This payment could indicate a change to the existing contract.

Transaction #P00003 | $14,228.00September 2, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $14,228.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00September 17, 2024

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

This payment could indicate a change to the existing contract.

Transaction #P00001 | $13,550.00August 5, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $13,550.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $12,910.00September 22, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $12,910.00 to CRAIN COMMUNICATIONS, INC.. The payment included a Subsidy Cost of $0.00.