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Department of the Treasury Awarded a Contract to FEDERAL MANAGEMENT SYSTEMS, INC. for $3,311,227.88

Signed on

7/15/2024, 12:00 AM

FEDERAL MANAGEMENT SYSTEMS, INC. Government Contract #2032H324F00082

FEDERAL MANAGEMENT SYSTEMS, INC. was awarded a contract with the United States Government for $3,311,227.88. The contract was awarded by the agency office TREASURY OPERATIONS, which is a division with the Departmental Offices within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is Federal Management Systems, Inc., a U.S.-Owned Business providing support-management services. The contract is for compliance, monitoring, reporting, and planning support under Task Order 1, funded by the Department of the Treasury, with a total value of $2,974,797.33. Notable spending includes various transactions, with the highest transaction amount being $1,841,157.81.

Contract Details

Contract ID2032H324F00082
Contract TypeA
Total Obligation$2,974,797.33
Exercised Options$2,974,797.33
Base Amount + Options$3,311,227.88
Date Signed2024-07-15
Contract DescriptionCOMPLIANCE, MONITORING, REPORTING AND PLANNING SUPPORT, TASK ORDER 1
Start Date2024-07-16
End Date2025-07-15

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyDepartmental Offices
Awarding OfficeTREASURY OPERATIONS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyDepartmental Offices
Funding OfficeTREASURY OPERATIONS

Recipient Details

RecipientFEDERAL MANAGEMENT SYSTEMS, INC.
Recipient Location462 K ST NW WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES
Business CategoriesBlack American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00007 | $0.00June 5, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00April 25, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $1,841,157.81January 24, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $1,841,157.81 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00January 14, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00November 4, 2024

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00August 29, 2024

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $278,119.47July 25, 2024

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $278,119.47 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $855,520.05July 15, 2024

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $855,520.05 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.