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Pension Benefit Guaranty Corporation Awarded a Contract to LYNCHVAL SYSTEMS WORLDWIDE INC for $7,399,809.00

Signed on

9/29/2025, 12:00 AM

LYNCHVAL SYSTEMS WORLDWIDE INC Government Contract #16PBGC25C0073

LYNCHVAL SYSTEMS WORLDWIDE INC was awarded a contract with the United States Government for $7,399,809.00. 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 Lynchval Systems Worldwide Inc, a U.S.-owned small business that provides IT and actuarial support services. The contract, awarded by the Pension Benefit Guaranty Corporation, is for IT and telecom services worth a total of $982,626. Notable transactions include three payments of $982,626 each and a credit transaction of -$155,874.

Contract Details

Contract ID16PBGC25C0073
Contract TypeD
Total Obligation$982,626.00
Exercised Options$982,626.00
Base Amount + Options$7,399,809.00
Date Signed2025-09-29
Contract DescriptionRECOMPETE OF CONTRACT NUMBER 16PBC20C0024 FOR PROVIDES IT AND ACTUARIAL SUPPORT SERVICES TO SUSTAIN PBGC'S LEGACY PIMS THAT ENABLES PRAD TO MODEL SINGLE-EMPLOYER AND MULTI-EMPLOYER PLANS. PROJECTED PERIOD OF PERFORMANCE START DATE: 9/1/2025
Start Date2025-09-29
End Date2026-08-31

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

RecipientLYNCHVAL SYSTEMS WORLDWIDE INC
Recipient Location13921 PARK CENTER RD STE 180 HERNDON VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$982,626.00September 29, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $982,626.00 to LYNCHVAL SYSTEMS WORLDWIDE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00November 12, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$982,626.00September 29, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $982,626.00 to LYNCHVAL SYSTEMS WORLDWIDE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$-155,874.00January 20, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-155,874.00 to LYNCHVAL SYSTEMS WORLDWIDE, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00November 12, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$982,626.00September 29, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $982,626.00 to LYNCHVAL SYSTEMS WORLDWIDE, INC.. The payment included a Subsidy Cost of $0.00.