Department of the Treasury Awarded a Contract to GLOBAL ECONOMICS GROUP, LLC for $233,774.00

Q: Where is GLOBAL ECONOMICS GROUP, LLC located?

140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS UNITED STATES

Signed on

4/30/2021, 12:00 AM

GLOBAL ECONOMICS GROUP, LLC Government Contract #2023H221P00249

GLOBAL ECONOMICS GROUP, LLC was awarded a contract with the United States Government for $233,774.00. 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 Global Economics Group, LLC, located in Chicago, Illinois. They provide expert witness services. The contract, funded by the Department of the Treasury through the Internal Revenue Service, is for expert witness support services with a total obligation of $116,887. Notable transactions include a payment of $73,080 on the contract's start date and a subsequent payment of $43,807.

Contract Details

Contract ID2023H221P00249

Contract TypeB

Total Obligation$116,858.25

Exercised Options$116,858.25

Base Amount + Options$233,774.00

Date Signed2021-04-30

Contract DescriptionEXPERT WITNESS SERVICES

Start Date2021-04-30

End Date2026-05-02

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

RecipientGLOBAL ECONOMICS GROUP, LLC

Recipient Location140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS, 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 #P00005 | $-28.75July 21, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-28.75 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00June 9, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00May 16, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $43,807.00August 10, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $43,807.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00May 3, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $73,080.00April 30, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $73,080.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.