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Department of the Treasury Awarded a Contract to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC for $1,035,325.00

Signed on

8/4/2025, 12:00 AM

NATIONAL ECONOMIC RESEARCH ASSOCIATES INC Government Contract #2043FY25C00025

NATIONAL ECONOMIC RESEARCH ASSOCIATES INC was awarded a contract with the United States Government for $1,035,325.00. The contract was awarded by the agency office TAXPAYER FOCUSED SUPPORT, 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 National Economic Research Associates Inc, a U.S.-owned business based in New York. The contract is to acquire expert services support for the Internal Revenue Service's tax audit of a large corporate taxpayer with complex international transactions. The Department of the Treasury funded this definitive contract worth $1,035,325. The contract was not competed under simplified acquisition procedures, and it involves professional support services as an expert witness.

Contract Details

Contract ID2043FY25C00025
Contract TypeD
Total Obligation$1,035,325.00
Exercised Options$1,035,325.00
Base Amount + Options$1,035,325.00
Date Signed2025-08-04
Contract DescriptionTHE PURPOSE OF THIS REQUIREMENT IS TO ACQUIRE OUTSIDE EXPERT SERVICES SUPPORT OF THE INTERNAL REVENUE'S TAX AUDIT OF A LARGE CORPORATE TAXPAYER WITH COMPLEX INTERNATIONAL TRANSACTIONS. TRACS0002569 TREASURY APPROVED 5/29/2025
Start Date2025-08-04
End Date2030-08-05

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyInternal Revenue Service
Awarding OfficeTAXPAYER FOCUSED SUPPORT
Funding AgencyDepartment of the Treasury
Funding Sub AgencyInternal Revenue Service
Funding OfficeLARGE BUSINESS INTERNATIONAL

Recipient Details

RecipientNATIONAL ECONOMIC RESEARCH ASSOCIATES INC
Recipient Location1166 AVENUE OF THE AMERICAS NEW YORK NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$1,035,325.00August 4, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,035,325.00 to NATIONAL ECONOMIC RESEARCH ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.