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Pension Benefit Guaranty Corporation Awarded a Contract to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC. for $18,660,385.00

Signed on

3/31/2025, 12:00 AM

BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC. Government Contract #16PBGC25C0053

BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC. was awarded a contract with the United States Government for $18,660,385.00. 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 BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC., a U.S.-Owned Business in Rockville, Maryland. The contract, funded by the Pension Benefit Guaranty Corporation, is worth $3,515,003 and is a firm fixed-price contract for accounting management support services. The contract replaces a previous one and runs from April 1, 2025, to March 31, 2030. The notable transaction was the award amount of $3,515,003 on March 31, 2025.

Contract Details

Contract ID16PBGC25C0053
Contract TypeD
Total Obligation$3,515,003.00
Exercised Options$3,515,003.00
Base Amount + Options$18,660,385.00
Date Signed2025-03-31
Contract DescriptionTHIS IS A STAND-ALONE CONTRACT NUMBER 16PBGC24R0012. IT IS A FFP CONTRACT WITH A PERIOD OF PERFORMANCE FROM 4/1/2025-3/31/2030 REPLACING THE EXISTING FFP CONTRACT NUMBER 16PBGC20C0011 THAT EXPIRES ON 03/31/2025. THIS PURPOSE OF THIS CONTRACT IS
Start Date2025-03-31
End Date2030-03-31

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

RecipientBAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.
Recipient Location520 GAITHER RD ROCKVILLE MARYLAND, 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 #0$3,515,003.00March 31, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $3,515,003.00 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00April 13, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00April 10, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$3,522,946.04March 27, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $3,522,946.04 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00March 20, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$3,515,003.00March 31, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $3,515,003.00 to BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.. The payment included a Subsidy Cost of $0.00.