PrimeRFP SCOUT · Federal Contract Recompete Brief

16PBGC23C0008Primary PAYING AGENT services — State Street Corp

State Street Corp holds $42.7M across 4 federal awards, concentrated at Pension Benefit Guaranty Corporation (PBGC). This PIID sits alongside 1 related award in the incumbent pipeline. 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.

Pension Benefit Guaranty Corp
Awarding office
State Street Corp
Recipient
Mar 31, 2027
PoP end
$40.9M
Obligated
541214
NAICS
R499
PSC
NONE
Set-aside
1 bidders on last award

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Contract facts

NONE
Contract number16PBGC23C0008
Also listed as16PBGC-23-C-0008
AgencyPension Benefit Guaranty Corp
Awarding officePension Benefit Guaranty Corp
IncumbentState Street Corp
UEIESYMEX6MH9K7
NAICS541214

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PSCR499
Place of performanceBOSTON, MA
Related solicitation16PBGC22R0008
PoP end (current)Mar 31, 2027
PoP end (w/ options)Mar 31, 2033
Obligated$40.9M

PRIMARY PAYING AGENT SERVICES is a federal NONE award for Pension Benefit Guaranty Corp held by State Street Corp. Estimated value $40.9M ($40.9M obligated). Current period of performance ends Mar 31, 2027 (potential Mar 31, 2033). Last award drew 1 bidder. Place of performance: BOSTON, MA. Related solicitation 16PBGC22R0008.

Recompete timing

Public
● Expiring in 185 days

Current PoP ends Mar 31, 2027 (185 days remaining). Agencies typically plan 12–18 months ahead — at 6.1 months out, that window is already open. The buying decision is likely already in motion.

Bonuses end Sept 30

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Incumbent footprint

Public record

State Street Corp — $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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Related awards

Same incumbent
16PBGC25C0057
THE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SER…
$6.9M
Mar 30, 2027

Query this award live in SCOUT via MCP — personalized scoring, watchlists, and capture workflow across the corpus. Learn about SCOUT MCP →

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Frequently asked questions

What is contract 16PBGC23C0008?

16PBGC23C0008 (Primary PAYING AGENT services) is a Pension Benefit Guaranty Corp award with an estimated value of $40.9M, currently held by State Street Corp. Figures are USASpending-sourced public-record facts plus SCOUT recompete analysis.

What is 16PBGC-23-C-0008?

16PBGC-23-C-0008 is the dashed form of PIID 16PBGC23C0008 (Primary PAYING AGENT services), held by State Street Corp. Same award — SCOUT canonicalizes compact, dashed, and parent-child identifiers to one brief.

Which office awarded 16PBGC23C0008?

Pension Benefit Guaranty Corp awarded 16PBGC23C0008 to State Street Corp.

Who is the incumbent on 16PBGC23C0008?

State Street Corp 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 State Street Corp’s 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.

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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.

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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