Department of the Treasury Awarded a Contract to GLOBAL ECONOMICS GROUP, LLC for $89,172.00

Q: Where is GLOBAL ECONOMICS GROUP, LLC located?

140 S DEARBORN ST STE 420 CHICAGO ILLINOIS UNITED STATES

Signed on

8/5/2025, 12:00 AM

GLOBAL ECONOMICS GROUP, LLC Government Contract #2023H225P00402

GLOBAL ECONOMICS GROUP, LLC was awarded a contract with the United States Government for $89,172.00. 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, a U.S.-owned business specializing in professional services and expert witness support. The contract, funded by the Department of the Treasury - Internal Revenue Service, is valued at $89,172 and is for expert witness services related to IRS litigation. The contract was awarded under simplified acquisition procedures with no competition. No notable spending patterns or transactions are listed in the data.

Contract Details

Contract ID2023H225P00402

Contract TypeB

Total Obligation$89,172.00

Exercised Options$89,172.00

Base Amount + Options$89,172.00

Date Signed2025-08-05

Contract DescriptionTHE IRS REQUIRES THE SERVICES OF AN EXPERT WITNESS IN CONNECTION WITH LITIGATION. TRACS0005036 APPROVED ON 8/4/2025 .

Start Date2025-08-05

End Date2030-08-04

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 420 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 #P00001 | $0.00December 29, 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 #0 | $89,172.00August 5, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $89,172.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.