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Department of the Treasury Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $7,500,000.00

Signed on

7/26/2021, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #2032H521C00059

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $7,500,000.00. 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 the International Business Machines Corporation, a U.S.-owned business specializing in computing infrastructure services. The contract, called "PILOT IRS OCR PHASE 1," was awarded by the Department of the Treasury's Internal Revenue Service. It is a definitive contract worth $75,000. A notable transaction shows an initial payment of $50,000 on the contract.

Contract Details

Contract ID2032H521C00059
Contract TypeD
Total Obligation$50,000.00
Exercised Options$7,500,000.00
Base Amount + Options$7,500,000.00
Date Signed2021-07-26
Contract DescriptionPILOT IRS OCR PHASE 1
Start Date2021-07-26
End Date2021-09-25

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 OfficeCOMMISSIONER

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 #P00002$0.00April 16, 2025

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 #P00001$0.00September 24, 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 #0$50,000.00July 26, 2021

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $50,000.00 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

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