This contract expires in 140 days (Oct 24, 2026).
BLOOMBERG FINANCE LP - BLOOMBERG ANYWHERE-PBGC ENCOUNTERED A FUNDING OBLIGATION ISSUE ON CONTRACT 16PBGC24C0048. TO CORRECT THIS ISSUE, PBGC PERFORMED A CORRECTIVE ACTION CHANGING THE CONTRACT FROM 16PBGC24C0048 TO 16PBGC25C0001.
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Description
BLOOMBERG ANYWHERE-PBGC ENCOUNTERED A FUNDING OBLIGATION ISSUE ON CONTRACT 16PBGC24C0048. TO CORRECT THIS ISSUE, PBGC PERFORMED A CORRECTIVE ACTION CHANGING THE CONTRACT FROM 16PBGC24C0048 TO 16PBGC25C0001.
Context & Analysis
On Nov 5, 2025, Pension Benefit Guaranty Corporation obligated $1,501,556 to BLOOMBERG FINANCE LP for bloomberg anywhere-pbgc encountered a funding obligation issue on contract 16pbgc24c0048. to correct this issue, pbgc performed a corrective action changing the contract from 16pbgc24c0048 to 16pbgc25…. The award is classified under NAICS 519290 — WEB SEARCH PORTALS AND ALL OTHER INFORMATION SERVICES and issued as a firm fixed price contract. Competition extent: not competed with 1 offer received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in WASHINGTON, DC. The contract is scheduled through Oct 24, 2026 — approximately 5 months remaining. This award is one of several similar procurements from Pension Benefit Guaranty Corporation under NAICS 519290 — related awards are listed below.
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