16PBGC25C0057↗
State Street Corporation received this contract from Pension Benefit Guaranty Corp, Pension Benefit Guaranty Corporation: $7.75M obligated so far for support- management: accounting. It runs to 2027-03-30, or to 2035-03-30 if every option is exercised.
Key facts · data as of Oct 25, 2026
- Recipient
- State Street Corporation
- Awarding agency
- Pension Benefit Guaranty Corporation
- Contracting office
- Pension Benefit Guaranty Corp (16PBGC)
- Obligated to date
- $7.75M
- Potential value
- $33.92M
- 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 16PBGC25C0057, data as of Oct 25, 2026, https://spendquery.com/award?id=CONT_AWD_16PBGC25C0057_1665_-NONE-_-NONE-
State Street Corporation: all federal awards · Pension Benefit Guaranty Corporation: spending · Pension Benefit Guaranty Corp: what it buys · The follow-on: recompete brief
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
Up for re-bid: ends 2027-03-30. Recompete brief →
What it is
- Product or service
- Support- Management: Accounting (PSC R703)
- Industry
- Trust, Fiduciary, and Custody Activities (NAICS 523991)
- Contracting office
- Pension Benefit Guaranty Corp (16PBGC)
- Competition
- Full and open competition · 1 offer received
- Pricing
- Firm fixed price
- How it was bought
- Standalone contract
- Solicitation
- 16PBGC25R0050
- Where the work is
- District of Columbia, DC · district DC-98
Obligations by fiscal year
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
11 actions since 2025-03-31. Each is a modification or amendment with the money it added or took back.
| Date | Modification | Kind | Amount | What the agency wrote |
|---|---|---|---|---|
| 2026-09-25 | P00010 | Funding only | $885.0K | THE PURPOSE OF THIS MODIFICATION IS TO ADD ADDITIONAL FUNDING TO OPTION PERIOD 1 (MARCH 31, 2026 THROUGH MARCH 30, 2027). CUSTODIAN BANKING FEES UNDER THIS CONTRACT FLUCTUATE MONTHLY DUE TO CHANGES IN MARKET VALUE AND TRANSACTION VOLUME. AS A RESULT |
| 2026-05-15 | P00009 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14398, "ADDRESSING DEI DISCRIMINATION BY FEDERAL CONTRACTORS." |
| 2026-04-14 | P00008 | Administrative change | $0 | THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY." |
| 2026-04-10 | P00007 | Administrative change | $0 | THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY." |
| 2026-03-25 | P00006 | Option exercised | $3.11M | THE PURPOSE OF THIS MODIFICATION IS EXERCISE OPTION PERIOD ONE. |
| 2026-03-09 | P00005 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE ADDITIONAL COUNTRIES TO THE INTERNATIONAL HOLDINGS ASSOCIATED WITH ASSET-BASED FEE AND GLOBAL TRADES ASSOCIATED WITH TRANSACTION FEES. |
| 2025-09-17 | P00004 | Funding only | $634.0K | THE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE REMAINING FY25 FUNDS. |
| 2025-08-19 | P00003 | Administrative change | $0 | THE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO UPDATE THE CONTRACTING OFFICER'S REPRESENTATIVE IN THE CONTRACT WRITING SYSTEM. |
| 2025-07-24 | P00002 | Administrative change | $0 | SEE SF30 BLOCK 14. |
| 2025-06-25 | P00001 | Supplemental agreement (work within scope) | $0 | 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 |
| 2025-03-31 | 0 | $3.11M | 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 |
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 ↗