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The BuildoutBeta

$40,935,739

Pension Benefit Guaranty Corporation·Pension Benefit Guaranty Corporation

to STATE STREET CORPORATION

social-servicesactiveONGOING · MOD OF 2023 CONTRACT
WORK BEGAN2023-04-01·LATEST ACTION2026-04-14·SOURCEUSASPENDING·SOURCE IDCONT_AWD_16PBGC23C0008_1665_-NONE-_-NONE-
Award description

PRIMARY PAYING AGENT SERVICES

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

State Street provides primary pension payment services for the PBGC, handling benefit distributions.

Sub-sectors
pension-administrationbenefit-entitlementpaying-agent-services
Why this matters

PBGC protects millions of retirees; reliable payment services ensure timely benefit distribution to beneficiaries.

Supply-chain signal

Confirms State Street as critical infrastructure for federal pension benefit administration.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-13. Cost: $0.018568.

Period of performance
Start
2023-04-01
End
2027-03-31
Status
activein 274 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$40.9M Pension Benefit Guaranty Corporation — The Buildout — The Buildout