Inactive
Notice ID:16PBGC18C0006
PBGC is modifying contract 16PBGC18C0006 with NISA Investment Advisors LLC to raise the cap on fees collected for services managing the PBGC Revolving Fund Investment. The modification is driven by a ...
PBGC is modifying contract 16PBGC18C0006 with NISA Investment Advisors LLC to raise the cap on fees collected for services managing the PBGC Revolving Fund Investment. The modification is driven by a Treasury Department mandate to reduce revolving fund gains. PBGC currently has more than $50 billion Revolving Fund assets. NISA is the only responsible source to manage a Revolving Fund account of this size and scope under the current Treasury mandate. All responsible sources may submit a capability statement, proposal, or quotation, which shall be considered by the agency.