Contract facts
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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
PublicCurrent PoP ends Mar 31, 2027 (205 days remaining). Agencies typically plan 12–18 months ahead — at 6.7 months out, that window is already open. The buying decision is likely already in motion.
Incumbent footprint
Public recordState Street Corp — $42.7M obligated across 4 awards (firm-wide, all agencies).
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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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