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Department of the Treasury Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $344,423,606.29

Signed on

3/11/2019, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #2032H519F00238

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $344,423,606.29. The contract was awarded by the agency office IT 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 INTERNATIONAL BUSINESS MACHINES CORPORATION, located in Bethesda, Maryland. The contract, valued at $41,157,655.33, is for an INTEGRATED FINANCIAL SYSTEM (IFS) funded by the Department of the Treasury's Internal Revenue Service. Notable spending patterns include a total obligation of $41,157,655.33 and various account outlays for different purposes.

Contract Details

Contract ID2032H519F00238
Contract TypeC
Total Obligation$41,157,655.33
Exercised Options$188,228,006.15
Base Amount + Options$344,423,606.29
Date Signed2019-03-11
Contract DescriptionINTEGRATED FINANCIAL SYSTEM (IFS)
Start Date2019-03-24
End Date2023-08-18

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyInternal Revenue Service
Awarding OfficeIT OPERATIONS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyInternal Revenue Service
Funding OfficeCHIEF INFORMATION OFFICER

Recipient Details

RecipientINTERNATIONAL BUSINESS MACHINES CORPORATION
Recipient Location6710 ROCKLEDGE DRIVE BETHESDA MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00047$-862,545.72June 8, 2026

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-862,545.72 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00046$-266,880.61May 11, 2026

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-266,880.61 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00045$-9,075.92September 23, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-9,075.92 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00043$-44,053.35September 30, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-44,053.35 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00044$-169.53September 30, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-169.53 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00042$-1,893.32January 22, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-1,893.32 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00041$1,639,744.21May 26, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,639,744.21 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00040$3,535,581.22March 23, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $3,535,581.22 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00039$523,679.11February 9, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $523,679.11 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00038$2,765,792.36August 8, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,765,792.36 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00037$1,802,470.00June 2, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,802,470.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00036$733,528.00May 18, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $733,528.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00035$984,000.00March 30, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $984,000.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00034$3,276,202.99March 22, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $3,276,202.99 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00033$500,000.00February 15, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $500,000.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00032$66,500.00January 18, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $66,500.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00031$1,553,639.15September 7, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,553,639.15 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00030$255,845.15August 4, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $255,845.15 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00029$738,557.71July 6, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $738,557.71 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00028$-0.01June 30, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-0.01 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00027$517,170.30June 9, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $517,170.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00026$0.00May 21, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00025$288,909.98April 15, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $288,909.98 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00024$0.00April 12, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00023$88,282.99March 17, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $88,282.99 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00022$5,526,772.23February 26, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $5,526,772.23 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00020$-0.30February 24, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-0.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00021$190,872.00February 24, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $190,872.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00019$238,507.09September 10, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $238,507.09 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00018$-0.03July 6, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-0.03 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00017$144,920.00May 31, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $144,920.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00016$422,989.67May 12, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $422,989.67 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$0.00April 30, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$386,777.60April 2, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $386,777.60 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$5,940,502.93March 19, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $5,940,502.93 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$165,300.00February 26, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $165,300.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$0.00January 27, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$495,000.00December 16, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $495,000.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$0.01November 19, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.01 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$0.00October 22, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,805,364.67September 17, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,805,364.67 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$1,557,881.00July 19, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,557,881.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00July 9, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.30June 27, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00April 29, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$5,334,937.73March 11, 2019

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $5,334,937.73 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.