FIRM FIXED PRICENO SET ASIDE USED.

ALLSPRING GLOBAL INVESTMENTS, LLC - IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES

PIID: PBGC01CT160023Solicitation ID: PBGC01RP150008

Signed Date: Dec 16, 2025Effective Date: Apr 1, 2016End Date: Closed on Mar 31, 2026

Award $

$29.6M

Vendor

ALLSPRING GLOBAL INVESTMENTS, LLC

NAICS

523920

Signed Date

Dec 16, 2025

Key Details

Dollars Obligated

$29.6M

Base & All Options

$2.6M

Awarding Agency

Pension Benefit Guaranty Corporation

Awarding Sub-Agency

Pension Benefit Guaranty Corporation

NAICS Code

523920 - PORTFOLIO MANAGEMENT

Product Service Code

R710 - SUPPORT- MANAGEMENT: FINANCIAL

Extent Competed

FULL AND OPEN COMPETITION

Number of Offers

Place of Performance

SAN FRANCISCO, CA, 941052718, CD-CA-11

Description

IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES

Context & Analysis

On Dec 16, 2025, Pension Benefit Guaranty Corporation obligated $29,624,245.28 to ALLSPRING GLOBAL INVESTMENTS, LLC for igf::ct::igf portfolio management services. The award is classified under NAICS 523920 — PORTFOLIO MANAGEMENT and issued as a firm fixed price contract. Competition extent: full and open competition with 26 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in SAN FRANCISCO, CA.

Market context

Recompete outlook: Ended Mar 31, 2026 (7 months ago). Recompete signal as of Oct 19, 2026: 19/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Competed, with 26 offers. 100% of 23 awards in this market (Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years) were competed; median 22 offers.
Award size: At $29.6M, this award is below the median of the 23 priced Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years (median $30.6M).
Largest vendors in this market: By obligations, Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years.
PGIM, INC. — 2 awards, $224.3M
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC — 2 awards, $219.2M
ARROWSTREET CAPITAL LP — 2 awards, $115.7M
WELLINGTON MANAGEMENT COMPANY LLP — 1 award, $87.5M
AQR CAPITAL MANAGEMENT LLC — 2 awards, $61.2M