16PBGC22C0017↗

Marathon Asset Management Limited received this contract from Pension Benefit Guaranty Corp, Pension Benefit Guaranty Corporation: $18.36M obligated so far for support- management: financial. It runs to 2027-03-30.

Key facts · data as of Oct 25, 2026

Recipient
Marathon Asset Management Limited
Awarding agency
Pension Benefit Guaranty Corporation
Contracting office
Pension Benefit Guaranty Corp (16PBGC)
Obligated to date
$18.36M
Potential value
$30.21M
Ends
2027-03-30

Source: USAspending.gov prime award records (obligations: money committed, not outlays), data as of Oct 25, 2026.

Cite this page: SpendQuery, Award 16PBGC22C0017, data as of Oct 25, 2026, https://spendquery.com/award?id=CONT_AWD_16PBGC22C0017_1665_-NONE-_-NONE-

FINANCIAL MANAGEMENT SERVICES

Definitive Contract · Pension Benefit Guaranty Corporation · to Marathon Asset Management Limited (UEI GPLJXSLHXNP9) · data as of 2026-10-25

Obligated to date$18.36M12 actions
Current value$30.21Mwith options exercised
Period2022-03-31 → 2027-03-30current end date

Up for re-bid: ends 2027-03-30. Recompete brief → · JUSTIFICATION FOR OTHER THAN FULL AND OPEN COMPETITION ↗

What it is

Product or service
Support- Management: Financial (PSC R710)
Industry
Portfolio Management (NAICS 523920)
Contracting office
Pension Benefit Guaranty Corp (16PBGC)
Competition
Full and open competition · 22 offers received
Pricing
Firm fixed price
How it was bought
Standalone contract
Where the work is
GBR

Obligations by fiscal year

FY2023$6.00M
FY2024$1.54M
FY2025$6.60M
FY2026$4.22M

SpendQuery holds FY2023 on; earlier years are on USAspending.gov.

Subcontractors: where the money went next

No subawards reported for this award. Primes report subawards of $30,000 or more; many awards have none.

Every action

12 actions since 2023-03-10. Each is a modification or amendment with the money it added or took back.

DateModificationKindAmountWhat the agency wrote
2026-08-10P00014Funding only$500.0KADD ADDITIONAL FY26 FUNDS TO CLIN 9001
2026-05-14P00013Supplemental agreement (work within scope)$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14398, "ADDRESSING DEI DISCRIMINATION BY FEDERAL CONTRACTORS."
2026-04-13P00012Administrative change$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."
2026-04-12P00011Administrative change$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."
2026-03-02P00010Option exercised$6.00MEXERCISE OPTION PERIOD 9
2026-02-05P00009Administrative change-$310.0KDEOBLIGATE EXPIRED FUNDS
2026-01-20P00008Funding only-$1.97MDEOBLIGATE EXPIRED FUNDS
2025-03-17P00007Option exercised$6.60MEXERCISE AND FUND OPTION PERIOD 8
2024-09-20P00006Funding only-$4.77MTHE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS FROM THE CONFORMED CONTRACT.
2024-09-04P00005Funding only$310.0KTHE PURPOSE OF THIS MODIFICATION IS TO INCREASE FUNDING AND INCREASE THE CEILING VALUE. (A CORRECTION HAS BEEN MADE TO THE FPDS-NG CONTRACT TOTAL, BUT THIS ACTION IS OBLIGATING $310,000 FOR THE CURRENT OPTION PERIOD.)
2024-03-11P00004Option exercised$6.00MTHE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP7, ADD FUNDING, AND ADD NEWLY REQUIRED CLAUSES.
2023-03-10P00003Option exercised$6.00MINVESTMENT MANAGEMENT SERVICES

Source: USAspending.gov prime award transactions and FSRS subaward reports, as loaded by SpendQuery (data as of 2026-10-25). Amounts are obligations (money committed), not outlays. The official record on USAspending.gov ↗