PrimeRFP SCOUT · Federal Contract Recompete Brief

16PBGC25C0057Contract WILL provide GLOBAL MASTER custody — State Street Corp

State Street Corp 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 30, 2027 PoP end — agencies typically plan 12–18 months ahead.

Pension Benefit Guaranty Corp

Awarding office

State Street Corp

Recipient

Mar 30, 2027

PoP end

$6.9M

Obligated

$33M

Potential

523991

NAICS

R703

PSC

NONE

Set-aside

1 bidders on last award

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Contract facts

NONE

Contract number16PBGC25C0057

Also listed as16PBGC-25-C-0057

AgencyPension Benefit Guaranty Corp

Awarding officePension Benefit Guaranty Corp

Awarding agencyPension Benefit Guaranty Corporation (PBGC)

Funding agencyPension Benefit Guaranty Corporation (PBGC)

IncumbentState Street Corp

CAGE3M3Q8

UEIESYMEX6MH9K7

NAICS523991

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PSCR703

Place of performanceWASHINGTON DC

Pricing typeFirm Fixed Price

Extent competedFull And Open Competition

Related solicitation16PBGC25R0050

PoP startMar 31, 2025

PoP end (current)Mar 30, 2027

PoP end (w/ options)Mar 30, 2035

Obligated$6.9M

Current value$6.9M

Potential value$33M

THE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SERVICING OF PLAN ASSETS. GLOBAL CUSTODY SERVICES INCLUDE SETTLEMENT, SAFEKEEPING, DELIVERY, INVESTMENT ACCOUNTING, INCOME COLLECTION, SECURITIES VALUATION, INVEST is a federal NONE award for Pension Benefit Guaranty Corp held by State Street Corp. Estimated value $33M ($6.9M obligated). Current period of performance ends Mar 30, 2027 (potential Mar 30, 2035). Last award drew 1 bidder. Place of performance: WASHINGTON DC. Related solicitation 16PBGC25R0050.

Recompete timing

Public

● Expiring in 204 days

Current PoP ends Mar 30, 2027 (204 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 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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Frequently asked questions

What is contract 16PBGC25C0057?

16PBGC25C0057 (Contract WILL provide GLOBAL MASTER custody) is a Pension Benefit Guaranty Corp award with a potential value of $33M, currently held by State Street Corp. Figures are USASpending-sourced public-record facts plus SCOUT recompete analysis.

What is 16PBGC-25-C-0057?

16PBGC-25-C-0057 is the dashed form of PIID 16PBGC25C0057 (Contract WILL provide GLOBAL MASTER custody), held by State Street Corp. Same award — SCOUT canonicalizes compact, dashed, and parent-child identifiers to one brief.

Which office awarded 16PBGC25C0057?

Pension Benefit Guaranty Corp awarded 16PBGC25C0057 to State Street Corp (potential $33M).

Who is the incumbent on 16PBGC25C0057?

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 30, 2027.

When does State Street Corp’s 16PBGC25C0057 come up for recompete?

SCOUT tracks a period-of-performance end of Mar 30, 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 Aug 19, 2026 · refreshed monthlyLatest procurement action May 15, 2026