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Department of the Treasury Awarded a Contract to FCN, INC. for $454,642,987.56

Signed on

12/7/2022, 12:00 AM

FCN, INC. Government Contract #2032H523F00058

FCN, INC. was awarded a contract with the United States Government for $454,642,987.56. The contract was awarded by the agency office IT STRATEGY AND MODERNIZATION, 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 FCN, INC., a small woman-owned business based in Maryland. The contract, awarded by the Department of the Treasury's Internal Revenue Service, is for Broadcom software license and maintenance, totaling $242,713,808.56 with potential increases to $454,642,987.56. Notable transactions include payments to FCN, INC. for various services, with the largest transaction amounting to $256,196,335.10.

Contract Details

Contract ID2032H523F00058
Contract TypeC
Total Obligation$242,713,808.56
Exercised Options$242,713,808.56
Base Amount + Options$454,642,987.56
Date Signed2022-12-07
Contract DescriptionBROADCOM SOFTWARE LICENSE AND MAINT
Start Date2022-12-01
End Date2026-11-30

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyInternal Revenue Service
Awarding OfficeIT STRATEGY AND MODERNIZATION
Funding AgencyDepartment of the Treasury
Funding Sub AgencyInternal Revenue Service
Funding OfficeCHIEF INFORMATION OFFICER

Recipient Details

RecipientFCN, INC.
Recipient Location2600 TOWER OAKS BLVD STE 575 ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00013 | $0.00June 24, 2026

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

This payment could indicate a change to the existing contract.

Transaction #P00012 | $2,453,411.60May 1, 2026

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,453,411.60 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $64,087,993.00November 25, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $64,087,993.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010 | $-253,773,945.14April 30, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-253,773,945.14 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009 | $256,196,335.10March 14, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $256,196,335.10 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008 | $60,446,655.00November 29, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $60,446,655.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $0.00August 15, 2024

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

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00December 19, 2023

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

This payment could indicate a change to the existing contract.

Transaction #P00005 | $58,150,270.00November 16, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $58,150,270.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00October 20, 2023

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

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00August 8, 2023

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

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00January 23, 2023

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

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00December 14, 2022

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

This payment could indicate a change to the existing contract.

Transaction #0 | $55,153,089.00December 7, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $55,153,089.00 to FCN, INC.. The payment included a Subsidy Cost of $0.00.