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Department of the Treasury Awarded a Contract to VASTEC INC for $408,164,245.37

Signed on

9/12/2025, 12:00 AM

VASTEC INC Government Contract #2023H225F00140

VASTEC INC was awarded a contract with the United States Government for $408,164,245.37. 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 VASTEC INC, a small business based in Tampa, Florida, specializing in digitalization services. The contract, funded by the Department of the Treasury's Internal Revenue Service, is for digitalizing paper tax and information returns, with a total value of $16,485,304.31. Notable spending includes the issuance of a delivery order on September 15th, 2025, for this digitalization project.

Contract Details

Contract ID2023H225F00140
Contract TypeC
Total Obligation$16,485,304.31
Exercised Options$65,941,217.23
Base Amount + Options$408,164,245.37
Date Signed2025-09-12
Contract DescriptionDIGITALIZATION-AS-A-SERVICE, DIGITALIZING PAPER TAX AND INFORMATION RETURNS.
Start Date2025-09-15
End Date2026-09-14

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 OfficeCHIEF INFORMATION OFFICER

Recipient Details

RecipientVASTEC INC
Recipient Location1101 CHANNELSIDE DR TAMPA FLORIDA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$16,485,304.31September 12, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $16,485,304.31 to VASTEC INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00September 29, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$16,485,304.31September 12, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $16,485,304.31 to VASTEC INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$180,000.00December 12, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $180,000.00 to VASTEC INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00September 29, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$16,485,304.31September 12, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $16,485,304.31 to VASTEC INC. The payment included a Subsidy Cost of $0.00.