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Pension Benefit Guaranty Corporation Awarded a Contract to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC for $2,500,000.00

Signed on

12/28/2023, 12:00 AM

LONGFELLOW INVESTMENT MANAGEMENT CO., LLC Government Contract #16PBGC24C0033

LONGFELLOW INVESTMENT MANAGEMENT CO., LLC was awarded a contract with the United States Government for $2,500,000.00. 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

The recipient of the federal contract is Longfellow Investment Management Co., LLC, a U.S.-Owned Business that provides Portfolio Management and Investment Advice. The contract, funded by the Pension Benefit Guaranty Corporation, is worth $2,500,000 and is for Portfolio Management & Investment Advice services. Notable transactions include payments of $900,000, $840,000, and $650,000 for various services provided under the contract.

Contract Details

Contract ID16PBGC24C0033
Contract TypeD
Total Obligation$2,500,000.00
Exercised Options$2,500,000.00
Base Amount + Options$2,500,000.00
Date Signed2023-12-28
Contract DescriptionPORTFOLIO MANAGEMENT & INVESTMENT ADVICE
Start Date2024-01-01
End Date2026-12-31

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

RecipientLONGFELLOW INVESTMENT MANAGEMENT CO., LLC
Recipient Location125 HIGH ST STE 832 BOSTON MASSACHUSETTS, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business

Comments

Award Transactions

Transaction #P00005 | $-5,558.00February 2, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-5,558.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $900,000.00December 3, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $900,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $840,000.00October 22, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $840,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $10,000.00September 18, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $10,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $650,000.00February 15, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $650,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $100,000.00December 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $100,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $0.00April 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $-5,558.00February 2, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-5,558.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $900,000.00December 3, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $900,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $840,000.00October 22, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $840,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $10,000.00September 18, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $10,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $650,000.00February 15, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $650,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $100,000.00December 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $100,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $0.00May 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00April 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $-5,558.00February 2, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-5,558.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $900,000.00December 3, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $900,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $840,000.00October 22, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $840,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $10,000.00September 18, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $10,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $650,000.00February 15, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $650,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $100,000.00December 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $100,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $0.00September 18, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $0.00August 27, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $0.00August 26, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $0.00August 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $0.00May 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00April 14, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $-5,558.00February 2, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-5,558.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $900,000.00December 3, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $900,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $840,000.00October 22, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $840,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $10,000.00September 18, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $10,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $650,000.00February 15, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $650,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $100,000.00December 28, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $100,000.00 to LONGFELLOW INVESTMENT MANAGEMENT CO., LLC. The payment included a Subsidy Cost of $0.00.