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Department of the Treasury Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $7,917,681.80

Signed on

8/13/2024, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #2032H524F00497

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $7,917,681.80. 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 the International Business Machines Corporation. The contract is for A3 Cloud and ICAM modernization services, funded by the Department of the Treasury's Internal Revenue Service. The total obligation for the contract is $2,359,002.82. Notable transactions include a payment of $2,638,901.40 on 2025-07-17 and the initial contract amount of $2,359,002.82 on 2024-08-13.

Contract Details

Contract ID2032H524F00497
Contract TypeC
Total Obligation$2,359,002.82
Exercised Options$2,359,002.82
Base Amount + Options$7,917,681.80
Date Signed2024-08-13
Contract DescriptionA3 CLOUD AND ICAM MODERNIZATION SERVICES
Start Date2024-08-15
End Date2025-08-14

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

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 #P00003 | $2,638,901.40July 17, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,638,901.40 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00April 15, 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 | $0.00August 20, 2024

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 | $2,359,002.82August 13, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,359,002.82 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00July 10, 2026

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 #P00003 | $2,638,901.40July 17, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,638,901.40 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00April 15, 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 | $0.00August 20, 2024

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 | $2,359,002.82August 13, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,359,002.82 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.