PrimeRFP SCOUT · Federal Contract Recompete Brief

16PBGC23C0008 — PRIMARY PAYING AGENT SERVICES

PRIMARY PAYING AGENT SERVICES is a federal NONE award for Pension Benefit Guaranty Corporation (PBGC) held by STATE STREET CORPORATION. Estimated value $40.9M ($40.9M obligated). Current period of performance ends Mar 31, 2027 (potential Mar 31, 2033). Last award drew 1 bidder.

$40.9M
Estimated Value
Mar 31, 2027
PoP End / Expires
1
Bidders (last award)
Pension Benefit Guaranty Corporation (PBGC)
Agency

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Analysis

Public

STATE STREET CORPORATION holds $42.7M across 4 federal awards, concentrated at Pension Benefit Guaranty Corporation (PBGC). The prior award was single-bid — competitive dynamics may favor a challenge. Set-aside status: NONE. Recompete timing centers on the Mar 31, 2027 PoP end — agencies typically plan 12–18 months ahead.

Contract facts

NONE
Contract number16PBGC23C0008
AgencyPension Benefit Guaranty Corporation (PBGC)
IncumbentSTATE STREET CORPORATION
UEIESYMEX6MH9K7
NAICS541214

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PSCR499
PoP end (current)Mar 31, 2027
PoP end (w/ options)Mar 31, 2033
Obligated$40.9M

Recompete timing

Public
Expiring in 226 days

Current PoP ends Mar 31, 2027 (226 days remaining). Agencies typically plan 12–18 months ahead — at 7.4 months out, that window is already open. The buying decision is likely already in motion.

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Incumbent footprint

Public record

STATE STREET CORPORATION$42.7M obligated across 4 awards (firm-wide, all agencies).

Sole agency: Pension Benefit Guaranty Corporation (PBGC)
Pension Benefit Guaranty Corporation (PBGC)$42.7M · 100% of firm total
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Frequently asked questions

What is contract 16PBGC23C0008?

16PBGC23C0008 (PRIMARY PAYING AGENT SERVICES) is a Pension Benefit Guaranty Corporation (PBGC) award with an estimated value of $40.9M, currently held by STATE STREET CORPORATION. Figures are USASpending-sourced public-record facts normalized by PrimeRFP SCOUT.

Who is the incumbent on 16PBGC23C0008?

STATE STREET CORPORATION is the incumbent with $42.7M across 4 related awards in SCOUT’s public footprint. The current period of performance ends Mar 31, 2027.

When does 16PBGC23C0008 come up for recompete?

SCOUT tracks a period-of-performance end of Mar 31, 2027. Actual solicitation timing can shift with extensions, bridges, or consolidations.

Data: Showing contracts ≥ $100K from federal procurement records (FPDS-NG, SAM.gov, and related repositories), normalized by PrimeRFP SCOUT. Each row keyed by Award ID (PIID); task orders appear as independent rows. Explore it live — $90 Pilot →

Data as of · refreshed monthlyLatest procurement action
Sources: USASpending, FPDS, SAM.gov · Public-record facts + SCOUT analysis shown above; personalized scoring in SCOUT.
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