Department of the Treasury Awarded a Contract to FEDERAL MANAGEMENT SYSTEMS, INC. for $6,485,333.10

Q: Where is FEDERAL MANAGEMENT SYSTEMS, INC. located?

462 K ST NW WASHINGTON DISTRICT OF COLUMBIA UNITED STATES

Signed on

6/23/2025, 12:00 AM

FEDERAL MANAGEMENT SYSTEMS, INC. Government Contract #2032H325F00069

FEDERAL MANAGEMENT SYSTEMS, INC. was awarded a contract with the United States Government for $6,485,333.10. 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 based in Washington, D.C. The contract is for providing compliance, monitoring, reporting, and planning support services for economic relief and recovery programs authorized through various legislation. The Department of the Treasury's Departmental Offices funded the contract, which is worth $3,388,561.1. The notable transaction involves the initial amount being awarded on June 23, 2025, for the mentioned services.

Contract Details

Contract ID2032H325F00069

Contract TypeA

Total Obligation$3,388,561.10

Exercised Options$3,388,561.10

Base Amount + Options$6,485,333.10

Date Signed2025-06-23

Contract DescriptionOFFICE OF CAPITAL ACCESS (OCA) COMPLIANCE, MONITORING, REPORTING AND PLANNING SUPPORT SERVICES FOR THE IMPLEMENTATION OF ECONOMIC RELIEF AND RECOVERY PROGRAMS AUTHORIZED THROUGH THE CARES ACT, CAA, ARP, AND OTHER LEGISLATION / TASK ORDER AWARD

Start Date2025-06-23

End Date2029-06-23

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 #0 | $3,388,561.10June 23, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $3,388,561.10 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00October 29, 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 #P00001 | $0.00July 24, 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 #0 | $3,388,561.10June 23, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $3,388,561.10 to FEDERAL MANAGEMENT SYSTEMS, INC.. The payment included a Subsidy Cost of $0.00.