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Department of the Treasury Awarded a Contract to VIBRANTECH SOLUTIONS INC. for $19,070,441.20

Signed on

9/30/2024, 12:00 AM

VIBRANTECH SOLUTIONS INC. Government Contract #2032H524F00690

VIBRANTECH SOLUTIONS INC. was awarded a contract with the United States Government for $19,070,441.20. 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

Recipient: The recipient of the federal contract is Vibrantech Solutions Inc., which is involved in IT and telecom services.

Contract Details: The contract is for an International Information Processing & Exchange Requirement funded by the Department of the Treasury, specifically the Internal Revenue Service. The total obligation amount is $2,482,373.74.

Transactions: Notable transactions include an initial transaction of $2,163,626.40 on September 30, 2024, and subsequent transactions of $0 on February 12, 2025, $318,747.34 on March 28, 2025, and $305,082.34 on April 11, 2025.

Contract Details

Contract ID2032H524F00690
Contract TypeC
Total Obligation$2,482,373.74
Exercised Options$4,646,000.14
Base Amount + Options$19,070,441.20
Date Signed2024-09-30
Contract DescriptionINTERNATIONAL INFORMATION PROCESSING & EXCHANGE REQUIREMENT
Start Date2024-09-30
End Date2026-03-29

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

RecipientVIBRANTECH SOLUTIONS INC.
Recipient Location722 E MARKET ST STE 102 LEESBURG VIRGINIA, UNITED STATES
Business Categories8(a) Program Participant, Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003$305,082.34April 11, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $305,082.34 to VIBRANTECH SOLUTIONS INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$318,747.34March 28, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $318,747.34 to VIBRANTECH SOLUTIONS INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00February 12, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0$2,163,626.40September 30, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $2,163,626.40 to VIBRANTECH SOLUTIONS INC.. The payment included a Subsidy Cost of $0.00.