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Department of the Treasury Awarded a Contract to FCN INC for $4,229,599.00

Signed on

4/27/2022, 12:00 AM

FCN INC Government Contract #205AE922F00038

FCN INC was awarded a contract with the United States Government for $4,229,599.00. 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 awarded contract outlined in the JSON response originates from the US federal government's contract database, describing a delivery order involving FCN Inc. and the US Department of the Treasury, specifically the Internal Revenue Service (IRS). The contract, identified by the ID "205AE922F00038," is a part of a governmental initiative facilitated by the National Aeronautics and Space Administration (NASA) designed to acquire advanced technological solutions.

**Contract Overview:**

The contract, valued at $3,108,754, with a potential maximum value including all options totaling $4,229,599, reflects the government's commitment to enhancing technological capabilities through the procurement of IT and telecom services. The delivery order is described as involving "Vault Terraform," which hints at cloud infrastructure and automation implementation, likely leveraging Terraform, an open-source tool for building, changing, and versioning infrastructure. FCN Inc., the contract recipient, is a U.S.-owned business based in Rockville, Maryland. Marked as a woman-owned, small business under various business categories, FCN Inc. excels in delivering computer systems design and related services, as delineated by its North American Industry Classification System (NAICS) code 541519, pointing to involvement in niche computer-related services. **Financial Breakdown and Obligations:** The total accounted obligation amount equates to $2,627,449, which signifies the government's legally binding commitment to the spending, irrespective of actual fund outlay status. Outlays disseminated reflect actual payments, matching the obligation amount, thus suggesting a clear and efficient financial execution over the contract period. Two codes, "Q" and "V," are associated with the obligated and outlaid amounts, distributed as $1,602,150 and $1,025,299 respectively, potentially referencing specific budget allocations or categorical financial designations within government financing. **Awarding and Funding Agencies:** The IRS, under the Department of the Treasury, acts as both awarding and funding agency, showcasing inter-departmental collaboration where the IRS's Chief Information Officer (CIO) and IT Operations Office spearhead contractual initiatives aimed at reinforcing IT infrastructure and capabilities. **Period of Performance:** The contract highlights an operational timeframe beginning May 1, 2022, and concluding April 30, 2025, with a potential extension until April 30, 2027. This reflects typical long-term government contracts within the technology sector designed to ensure comprehensive service delivery, maintenance, and any potential upgrades. **Transactions:** There are five key transactions within the contract's lifespan: 1. **April 27, 2022**: The initial transaction of $1,025,299 sets the operational start, channeling funds towards foundational elements of the project. 2. **March 16, 2023**: A significant influx, $801,075, indicates heightened activity, suggesting milestone completions or enhanced service delivery phases. 3. **January 8, 2024**: This transaction records no financial movements, potentially reflecting contractual revisions or evaluation stages. 4. **November 19, 2024**: Similarly, it reports no financial activity, aligning perhaps with administrative adjustments or the introduction of modifications. 5. **April 10, 2025**: Concludes with $481,305, signifying finalizing or substantial advancements in service deliverables as contract execution nears its primary endpoint in April 2025. **Competitive Landscape:** The procurement process was competitive, with five offers received, reinforcing a robust vendor evaluation process reflective of governmental procurement mandates. The contract was awarded based on "FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES," ensuring opportunities aligned with requirements for competitive fairness while allowing exclusivity in specific instances. The contractual agreement is based on "FIRM FIXED PRICE" terms, providing financial predictability by setting a defined price for the deliverable, insulating the government against cost overruns while obligating the contractor to deliver as specified within the given budget. **Products and Services:** The services procured are within the "IT AND TELECOM - COMPUTE: MAINFRAME (HARDWARE AND PERPETUAL LICENSE SOFTWARE)" category, indicating the acquisition of significant IT and computing hardware alongside essential software licenses. FCN Inc.'s provision spans mainframe computing solutions that are core to modernizing and sustaining IRS operations, supporting vast data processes and secure information management. **Recipient Profile:** FCN Inc. is noted for its rich executive leadership, spearheaded by Anne Sullivan and Dennis Sullivan, both accounting for substantial remunerations reflecting their pivotal roles in driving business success and strategy. The company serves as a cornerstone in the IT landscape, facilitating the government’s requirement for advanced computing systems and enduring IT infrastructure reforms critical for federal operational excellence. In summary, this federal contract underscores the strategic investment in IT infrastructure modernization, critical to meeting evolving technological demands and supporting efficient, secure operations within the Treasury and its subsidiary entities like the IRS. FCN Inc.’s engagement exemplifies the vital role of specialized small businesses in driving governmental innovation and operational resilience.

Contract Details

Contract ID205AE922F00038
Contract TypeC
Total Obligation$3,108,754.00
Exercised Options$3,108,754.00
Base Amount + Options$4,229,599.00
Date Signed2022-04-27
Contract DescriptionVAULT TERRAFORM
Start Date2022-05-01
End Date2025-04-30

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

RecipientFCN INC
Recipient Location12501 ARDENNES AVE STE 101 ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00005$481,305.00April 10, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $481,305.00 to FCN INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00November 19, 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 #P00002$0.00January 8, 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 #P00001$801,075.00March 16, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $801,075.00 to FCN INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$1,025,299.00April 27, 2022

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $1,025,299.00 to FCN INC. The payment included a Subsidy Cost of $0.00.