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Department of the Treasury Awarded a Contract to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC for $712,748.75

Signed on

6/21/2019, 12:00 AM

NATIONAL ECONOMIC RESEARCH ASSOCIATES INC Government Contract #2023H219C00012

NATIONAL ECONOMIC RESEARCH ASSOCIATES INC was awarded a contract with the United States Government for $712,748.75. The contract was awarded by the agency office SPECIAL OPERATIONS, 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 the National Economic Research Associates Inc, a U.S.-owned business based in New York, engaged in providing expert witness services. The contract, funded by the Department of the Treasury's Internal Revenue Service, is for expert witness work with a total obligation of $699,496.03. Notable transactions include a payment of $170,310 in January 2020 and a negative transaction of $13,252.72 in August 2025.

Contract Details

Contract ID2023H219C00012
Contract TypeD
Total Obligation$699,496.03
Exercised Options$699,496.03
Base Amount + Options$712,748.75
Date Signed2019-06-21
Contract DescriptionEXPERT WITNESS AWARD PHASE ONE TO THREE
Start Date2019-06-24
End Date2024-06-23

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyInternal Revenue Service
Awarding OfficeSPECIAL OPERATIONS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyInternal Revenue Service
Funding OfficeCOUNSEL

Recipient Details

RecipientNATIONAL ECONOMIC RESEARCH ASSOCIATES INC
Recipient Location1166 AVE OF THE AMERICAS 29F NEW YORK NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00007$-13,252.72August 7, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-13,252.72 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$-49,436.25July 8, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-49,436.25 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00May 6, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 19, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$49,895.00April 13, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $49,895.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

Transaction #P0889A$0.00October 22, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$80,120.00March 17, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $80,120.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$170,310.00January 2, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $170,310.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$461,860.00June 21, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $461,860.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.