Department of the Treasury Awarded a Contract to OCTO CONSULTING GROUP LLC for $4,984,310.00

Q: Where is OCTO CONSULTING GROUP LLC located?

10780 PARKRIDGE BLVD 4TH FL RESTON VIRGINIA UNITED STATES

Signed on

3/19/2020, 12:00 AM

OCTO CONSULTING GROUP LLC Government Contract #2032H520F00188

OCTO CONSULTING GROUP LLC was awarded a contract with the United States Government for $4,984,310.00. The contract was awarded by the agency office IT STRATEGY AND MODERNIZATION, which is a division with the Internal Revenue Service within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is OCTO CONSULTING GROUP LLC, a U.S.-owned business specializing in professional engineering and technical support services. The contract, awarded by the Department of the Treasury's Internal Revenue Service, is for task order 3 on the DC Pension BPA in support of new production support requirements. The contract is worth $4,984,310. Notable transactions include an initial negative transaction of the same amount followed by a positive transaction of $4,984,310 on the same day.

Contract Details

Contract ID2032H520F00188

Contract TypeA

Total Obligation$0.00

Exercised Options$4,984,310.00

Base Amount + Options$4,984,310.00

Date Signed2020-03-19

Contract DescriptionTHIS IS TO AWARD TASK ORDER 3 ON THE DC PENSION BPA IN SUPPORT OF NEW PRODUCTION SUPPORT REQUIREMENT

Start Date2020-04-01

End Date2021-03-31

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyInternal Revenue Service

Awarding OfficeIT STRATEGY AND MODERNIZATION

Funding AgencyDepartment of the Treasury

Funding Sub AgencyDepartmental Offices

Funding OfficeCHIEF INFORMATION OFFICER

Recipient Details

RecipientOCTO CONSULTING GROUP LLC

Recipient Location10780 PARKRIDGE BLVD 4TH FL RESTON VIRGINIA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001 | $-4,984,310.00April 28, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $-4,984,310.00 to OCTO CONSULTING GROUP LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P0889A | $0.00October 20, 2020

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to OCTO CONSULTING GROUP LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $4,984,310.00March 19, 2020

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $4,984,310.00 to OCTO CONSULTING GROUP LLC. The payment included a Subsidy Cost of $0.00.