THE Contract Will Provide Global Master Custody Services for the Safekeeping and Asset Servicing of Plan Assets. Global Custody Services Include Settlement, Safekeeping, Delivery, Investment Accounting, Income Collection, Securities Valuation, Invest

Contract Overview

Contract Amount: $6,862,028 ($6.9M)

Contractor: State Street Corporation

Awarding Agency: Pension Benefit Guaranty Corporation

Start Date: 2025-03-31

End Date: 2027-03-30

Contract Duration: 729 days

Daily Burn Rate: $9.4K/day

Official Description: THE CONTRACT WILL PROVIDE GLOBAL MASTER CUSTODY SERVICES FOR THE SAFEKEEPING AND ASSET SERVICING OF PLAN ASSETS. GLOBAL CUSTODY SERVICES INCLUDE SETTLEMENT, SAFEKEEPING, DELIVERY, INVESTMENT ACCOUNTING, INCOME COLLECTION, SECURITIES VALUATION, INVEST

Place of Performance

Location: District of Columbia, 20024

State: District of Columbia Government Spending

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