Department of the Treasury Awarded a Contract to GLOBAL ECONOMICS GROUP, LLC for $241,550.00

Q: Where is GLOBAL ECONOMICS GROUP, LLC located?

140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS UNITED STATES

Signed on

1/30/2020, 12:00 AM

GLOBAL ECONOMICS GROUP, LLC Government Contract #2091JB20P00171

GLOBAL ECONOMICS GROUP, LLC was awarded a contract with the United States Government for $241,550.00. The contract was awarded by the agency office SPECIAL 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 GLOBAL ECONOMICS GROUP, LLC, a U.S.-owned business specializing in professional services, specifically in the legal field. The contract, funded by the Department of the Treasury's Internal Revenue Service, is for expert witness services with a total obligation of $196,394. Notable spending patterns include transactions such as a $45,156 deduction, a $27,500 transaction, and a significant initial transaction amount of $198,050.

Contract Details

Contract ID2091JB20P00171

Contract TypeB

Total Obligation$196,394.00

Exercised Options$196,394.00

Base Amount + Options$241,550.00

Date Signed2020-01-30

Contract DescriptionEXPERT WITNESS SERVICES CYRBYME-C

Start Date2020-01-30

End Date2025-07-29

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyInternal Revenue Service

Awarding OfficeSPECIAL OPERATIONS

Funding AgencyDepartment of the Treasury

Funding Sub AgencyInternal Revenue Service

Funding OfficeCOUNSEL

Recipient Details

RecipientGLOBAL ECONOMICS GROUP, LLC

Recipient Location140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS, UNITED STATES

Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00005 | $-45,156.00August 4, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-45,156.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00April 25, 2025

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $27,500.00August 15, 2024

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $27,500.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00April 21, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P0889A | $0.00October 20, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $0.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $16,000.00July 29, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $16,000.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $198,050.00January 30, 2020

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $198,050.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.