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Department of Labor Awarded a Contract to IHS GLOBAL INC for $136,664.55

Signed on

5/31/2023, 12:00 AM

IHS GLOBAL INC Government Contract #1605C523P00009

IHS GLOBAL INC was awarded a contract with the United States Government for $136,664.55. The contract was awarded by the agency office DOL - CAS DIVISION 5 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is IHS Global Inc, a U.S.-owned business based in Englewood, Colorado. The contract, funded by the Department of Labor, is for developing a macro-econometric model of the U.S. long-term economy, with an initial value of $79,966.25 and a total potential value of $136,664.55. The contract falls under the category of special studies/analysis-economic. Notable details include simplified acquisition procedures and no set-aside used.

Contract Details

Contract ID1605C523P00009
Contract TypeB
Total Obligation$79,966.25
Exercised Options$79,966.25
Base Amount + Options$136,664.55
Date Signed2023-05-31
Contract DescriptionTHE MACRO-ECONOMETRIC MODEL SHALL BE A FULLY DEVELOPED MODEL OF THE U.S. LONGTERM (10-YEAR) ECONOMY WITH A THEORETICAL BASIS CONSISTENT WITH CURRENT MACRO-ECONOMIC THEORY. MAJOR CATEGORIES OF THE NIPAS IN BOTH NOMINAL AND REAL TERMS SHOULD BE MODELED
Start Date2023-05-31
End Date2026-05-31

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 5 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyBureau of Labor Statistics
Funding OfficeDOL(BLS) OFC EMPLMNT/UNEMPLMNT STAT

Recipient Details

RecipientIHS GLOBAL INC
Recipient Location15 INVERNESS WAY E ENGLEWOOD COLORADO, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $-0.04March 10, 2026

Bureau of Labor Statistics, a sub agency of Department of Labor, issued a payment of $-0.04 to IHS GLOBAL INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $27,316.25May 22, 2025

Bureau of Labor Statistics, a sub agency of Department of Labor, issued a payment of $27,316.25 to IHS GLOBAL INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00December 18, 2024

Bureau of Labor Statistics, a sub agency of Department of Labor, issued a payment of $0.00 to IHS GLOBAL INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $26,650.00May 22, 2024

Bureau of Labor Statistics, a sub agency of Department of Labor, issued a payment of $26,650.00 to IHS GLOBAL INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $26,000.00May 31, 2023

Bureau of Labor Statistics, a sub agency of Department of Labor, issued a payment of $26,000.00 to IHS GLOBAL INC. The payment included a Subsidy Cost of $0.00.