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Department of the Treasury Awarded a Contract to INTERNATIONAL BUSINESS MACHINES CORPORATION for $8,921,821.06

Signed on

9/24/2024, 12:00 AM

INTERNATIONAL BUSINESS MACHINES CORPORATION Government Contract #2032H524F00671

INTERNATIONAL BUSINESS MACHINES CORPORATION was awarded a contract with the United States Government for $8,921,821.06. 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, a U.S.-owned business that specializes in IT services. The contract, funded by the Department of the Treasury's Internal Revenue Service, is for cybersecurity services totaling $7,179,010.30. A notable transaction for this contract occurred on 2024-09-24, when the recipient received the full contract amount.

Contract Details

Contract ID2032H524F00671
Contract TypeC
Total Obligation$7,179,010.30
Exercised Options$8,921,821.06
Base Amount + Options$8,921,821.06
Date Signed2024-09-24
Contract DescriptionINTERNAL REVENUE SERVICE (IRS) INFORMATION TECHNOLOGY (IT) CYBERSECURITY CONTINUOUS DIAGNOSTICS AND MITIGATION PROGRAM
Start Date2024-09-30
End Date2025-09-29

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 #P00001$0.00April 22, 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 #0$7,179,010.30September 24, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $7,179,010.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00December 3, 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 #P00002$0.00June 17, 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$0.00April 22, 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 #0$7,179,010.30September 24, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $7,179,010.30 to INTERNATIONAL BUSINESS MACHINES CORPORATION. The payment included a Subsidy Cost of $0.00.