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Department of the Treasury Awarded a Contract to OCTO METRIC LLC for $8,961,120.00

Signed on

9/26/2024, 12:00 AM

OCTO METRIC LLC Government Contract #2032H524F00742

OCTO METRIC LLC was awarded a contract with the United States Government for $8,961,120.00. 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 METRIC LLC, a U.S.-Owned Business based in Atlanta, Georgia. The contract, worth $1,910,409.51, is for HRCONNECT Operations and Maintenance and is funded by the Department of the Treasury's Internal Revenue Service. The work involves IT and telecom services related to help desk support and productivity tools. Notable spending patterns include total obligations of $1,892,064 and multiple officers receiving significant amounts ranging from $227,346 to $310,000.

Contract Details

Contract ID2032H524F00742
Contract TypeA
Total Obligation$1,910,409.51
Exercised Options$3,784,128.00
Base Amount + Options$8,961,120.00
Date Signed2024-09-26
Contract DescriptionHRCONNECT OPERATIONS AND MAINTENANCE (O&M)
Start Date2024-09-28
End Date2026-09-27

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 METRIC LLC
Recipient Location1175 PEACHTREE ST NE STE 1000 FL 10 ATLANTA GEORGIA, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00002$18,345.51September 23, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $18,345.51 to OCTO METRIC LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00April 29, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$1,892,064.00September 26, 2024

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $1,892,064.00 to OCTO METRIC LLC. The payment included a Subsidy Cost of $0.00.