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Department of the Treasury Awarded a Contract to GLOBAL ECONOMICS GROUP, LLC for $320,517.00

Signed on

6/8/2023, 12:00 AM

GLOBAL ECONOMICS GROUP, LLC Government Contract #2091JB23C00020

GLOBAL ECONOMICS GROUP, LLC was awarded a contract with the United States Government for $320,517.00. 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

GLOBAL ECONOMICS GROUP, LLC, a U.S.-owned small business based in Chicago, received a federal contract worth $206,850 from the Department of the Treasury's Internal Revenue Service for expert witness services. The funding agency is the Department of the Treasury. Notable transaction: On June 8, 2023, the full contract amount was obligated in a single transaction.

Contract Details

Contract ID2091JB23C00020
Contract TypeD
Total Obligation$206,850.00
Exercised Options$206,850.00
Base Amount + Options$320,517.00
Date Signed2023-06-08
Contract DescriptionEXPERT WITNESS SERVICES
Start Date2023-06-08
End Date2028-06-07

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 #P00001 | $0.00April 28, 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 #0 | $206,850.00June 8, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $206,850.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $-133,222.75February 26, 2026

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-133,222.75 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 | $0.00April 28, 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 #0 | $206,850.00June 8, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $206,850.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $0.00April 14, 2026

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 #P00002 | $-133,222.75February 26, 2026

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $-133,222.75 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 | $0.00April 28, 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 #0 | $206,850.00June 8, 2023

Internal Revenue Service, a sub agency of Department of the Treasury, issued a payment of $206,850.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.