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Pension Benefit Guaranty Corporation Awarded a Contract to NUVEEN ASSET MANAGEMENT, LLC for $20,089,921.58

Signed on

7/27/2016, 12:00 AM

NUVEEN ASSET MANAGEMENT, LLC Government Contract #PBGC01CT160036

NUVEEN ASSET MANAGEMENT, LLC was awarded a contract with the United States Government for $20,089,921.58. 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 Nuveen Asset Management, LLC, based in Chicago, Illinois. The contract, valued at $20,089,921.58, was funded by the Pension Benefit Guaranty Corporation for asset management purposes. Notable spending details include total obligations of $11,465,347.83 and total outlays of $7,868,938.55.

Contract Details

Contract IDPBGC01CT160036
Contract TypeD
Total Obligation$20,089,921.58
Exercised Options$20,089,921.58
Base Amount + Options$20,089,921.58
Date Signed2016-07-27
Contract DescriptionIGF::OT::IGF ASSET MANAGEMENT
Start Date2016-07-27
End Date2027-01-26

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

RecipientNUVEEN ASSET MANAGEMENT, LLC
Recipient Location333 WEST WACKER DRIVE CHICAGO ILLINOIS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

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