PBGC01CT170029↗

Arrowstreet Capital LP received this contract from Pension Benefit Guaranty Corp, Pension Benefit Guaranty Corporation: $35.79M obligated so far for support- management: financial. It runs to 2027-03-30.

Key facts · data as of Oct 25, 2026

Recipient
Arrowstreet Capital LP
Awarding agency
Pension Benefit Guaranty Corporation
Contracting office
Pension Benefit Guaranty Corp (16PBGC)
Obligated to date
$35.79M
Potential value
$65.14M
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 PBGC01CT170029, data as of Oct 25, 2026, https://spendquery.com/award?id=CONT_AWD_PBGC01CT170029_1665_-NONE-_-NONE-

IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES

Definitive Contract · Pension Benefit Guaranty Corporation · to Arrowstreet Capital LP (UEI TEAJPL5JZBB9) · data as of 2026-10-25

Obligated to date$35.79M18 actions
Current value$65.14Mwith options exercised
Period2017-03-31 → 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
Solicitation
PBGC01-RP-16-0019
Where the work is
Suffolk, MA · district MA-07

Obligations by fiscal year

FY2023$7.13M
FY2024$6.55M
FY2025$9.80M
FY2026$12.30M

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

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

DateModificationKindAmountWhat the agency wrote
2026-09-15P00039Administrative change$0THE PURPOSE OF THIS MODIFICATION IS TO UPDATE THE DESIGNATION OF THE COR AND TO APPOINT AN ACOR.
2026-08-18P00038Funding only$650.0KTHE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE ADDITIONAL FUNDS TO OPTION PERIOD 8.
2026-08-17P00037Funding only$500.0KTHE PURPOSE OF THIS MODIFICATION IS TO OBLIGATE AN ADDITIONAL $500,000 IN FY26 FUNDS.
2026-06-18P00036Supplemental agreement (work within scope)$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."
2026-06-16P00035Supplemental agreement (work within scope)$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14398, "ADDRESSING DEI DISCRIMINATION BY FEDERAL CONTRACTORS."
2026-04-14P00034Administrative change$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."
2026-04-12P00033Administrative change$0THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."
2026-03-31P00032Supplemental agreement (work within scope)$0THE PURPOSE OF THIS MODIFICATION IS TO REVISE SECTION B.2, FEE SCHEDULE, OF CONTRACT NO. PBGC01CT170029. THIS MODIFICATION RELOCATES THE FEE SCHEDULE CURRENTLY IDENTIFIED UNDER CLIN 9003, EAFE VALUE INVESTMENT MANAGEMENT SERVICES FEE SCHEDULE, TO CLI
2026-03-04P00031Option exercised$12.30MTHE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD NINE.
2026-02-23P00030Funding only-$1.15MTHE PURPOSE OF THIS BILATERAL MODIFICATION IS TO DEOBLIGATE UNUSED FY2023 AND FY2024 FUNDING TOTALING $1,150,434.69 FROM THE CONTRACT.
2025-08-25P00029Funding only$800.0KINCREMENTAL FUNDING FOR OP 8.
2025-03-17P00028Option exercised$9.00MEXERCISE AND FUND OPTION PERIOD 8
2024-08-30P00027Supplemental agreement (work within scope)$400.0KTHE PURPOSE IS TO ADD FUNDING TO THIS CONTRACT VIA THE LIMITATION OF FUNDS CLAUSE
2024-06-18P00026Funding only-$1.85MTHE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS ON THE CONTRACT.
2024-03-05P00025Option exercised$8.00MTHE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP7,INCREASE THE CEILING, ADD FUNDING, AND ADD A REQUIRED CLAUSE TO THE CONTRACT.
2023-04-14P00024Administrative change-$865.8KACTIVE EAFE INVESTMENT MANAGEMENT SERVICES
2023-03-10P00023Option exercised$8.00MINVESTMENT MANAGEMENT SERVICES
2023-03-10P00022Supplemental agreement (work within scope)$0INVESTMENT 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 ↗