The weekly federal-spending brief. One email a Sunday. Free. No tracking.
The BuildoutBeta

$35,147,136

Pension Benefit Guaranty Corporation·Pension Benefit Guaranty Corporation

to WELLINGTON MANAGEMENT COMPANY LLP

financeactiveONGOING · MOD OF 2017 CONTRACT
WORK BEGAN2017-12-19·LATEST ACTION2026-04-13·SOURCEUSASPENDING·SOURCE IDCONT_AWD_16PBGC18C0005_1665_-NONE-_-NONE-
Award description

LDI FIXED INCOME INVESTMENT MANAGEMENT

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

Obligation increment on the 2017 Wellington contract managing PBGC pension assets through fixed-income Liability-Driven Investment strategy.

Sub-sectors
pension-asset-managementldi-investment-strategypbgc-operations
Why this matters

Ongoing professional asset management of PBGC's portfolio is critical to the agency's solvency in meeting long-term pension obligations to millions of American retirees.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-15. Cost: $0.006883.

Period of performance
Start
2017-12-19
End
2026-12-18
Status
activein 171 days
Sources

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

$35.1M Pension Benefit Guaranty Corporation — The Buildout — The Buildout