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Department of Veterans Affairs Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $133,188,009.57

Signed on

9/12/2022, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #36C10D22N0008

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $133,188,009.57. The contract was awarded by the agency office VETERANS BENEFITS ADMIN (36C10D), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.

Summary of Award

The recipient of the federal contract is INTERNATIONAL BUSINESS MACHINES CORPORATION, a U.S.-owned business in Maryland. The contract, funded by the Department of Veterans Affairs, is for a PENSION OPTIMIZATION INITIATIVE TASK ORDER worth $45,698,857.93. Notable transactions include negative amounts such as -$28,221.30 and large disbursements like $18,286,567.37.

Contract Details

Contract ID36C10D22N0008
Contract TypeC
Total Obligation$45,698,857.93
Exercised Options$45,698,857.93
Base Amount + Options$133,188,009.57
Date Signed2022-09-12
Contract DescriptionPENSION OPTIMIZATION INITIATIVE TASK ORDER
Start Date2022-09-12
End Date2025-08-31

Agency Details

Awarding AgencyDepartment of Veterans Affairs
Awarding Sub AgencyDepartment of Veterans Affairs
Awarding OfficeVETERANS BENEFITS ADMIN (36C10D)
Funding AgencyDepartment of Veterans Affairs
Funding Sub AgencyDepartment of Veterans Affairs
Funding OfficeVBA PENSION & FIDUCIARY SERVICE

Recipient Details

RecipientINTERNATIONAL BUSINESS MACHINES CORPORATION
Recipient Location6710 ROCKLEDGE DRIVE BETHESDA MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00011 | $-0.81June 30, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.81 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $-28,221.30April 25, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-28,221.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $-2.08April 15, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-2.08 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $-1,663,507.91March 28, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,663,507.91 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $-0.94September 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.94 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $18,286,567.37August 22, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $18,286,567.37 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $-1,794,341.09July 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,794,341.09 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-224.00May 7, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-224.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $17,569,559.45September 7, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $17,569,559.45 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $363,276.95August 14, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $363,276.95 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00December 6, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $12,965,752.29September 12, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $12,965,752.29 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00012 | $17,072,066.61August 29, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $17,072,066.61 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $-0.81June 30, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.81 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $-28,221.30April 24, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-28,221.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $-2.08April 15, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-2.08 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $-1,663,507.91March 27, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,663,507.91 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $-0.94September 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.94 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $18,286,567.37August 22, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $18,286,567.37 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $-1,794,341.09July 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,794,341.09 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-224.00May 7, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-224.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $17,569,559.45September 7, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $17,569,559.45 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $363,276.95August 14, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $363,276.95 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00December 6, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $12,965,752.29September 12, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $12,965,752.29 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00015 | $-2,091,322.93February 13, 2026

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-2,091,322.93 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014 | $-1.00January 28, 2026

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013 | $0.00December 9, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012 | $17,072,066.61August 29, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $17,072,066.61 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $-0.81June 30, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.81 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $-28,221.30April 24, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-28,221.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $-2.08April 15, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-2.08 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008 | $-1,663,507.91March 27, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,663,507.91 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $-0.94September 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-0.94 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $18,286,567.37August 22, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $18,286,567.37 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $-1,794,341.09July 18, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-1,794,341.09 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-224.00May 7, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-224.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $17,569,559.45September 7, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $17,569,559.45 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $363,276.95August 14, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $363,276.95 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00December 6, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $12,965,752.29September 12, 2022

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $12,965,752.29 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.