IRS is seeking a cloud-based IMF/701 reporting hardening implementation sole-source 8(a) direct award. This request aligns to the funding associated with the inflation reduction act (IRA) of 2022, and…
Ended Definitive Contract Awarded Last action
- Contract number
- 2032H523C00056
- Awardee
-
Precise Systems Inc. UEI ZDK7MDJAVRJ4
- Awarding agency
-
Internal Revenue Service
Department of the Treasury
- Obligated
- $4,306,605
Award facts
- Contract value 93% obligated
-
- $4,306,605.02 Current, with exercised options
- $4,646,725.43 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541519 Other Computer Related Services
- Set-aside
- No set-aside
- Competition
- 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Manassas, VA 20109, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Exercise an Option | $340,120 | |
| Original award | $3,966,485 |
About this award
The Internal Revenue Service awarded a $4.6 million firm fixed-price definitive contract to Precise Systems Inc., a minority-owned small business based in Leesburg, Virginia, on September 1, 2023, for cloud-based Integrated Master File/Form 701 reporting hardening implementation. This sole-source 8(a) direct award aligns with funding from the Inflation Reduction Act of 2022 and supports application development domains impacting the IRS's modernization initiatives. The contract extends through February 28, 2025, with performance occurring in Manassas, Virginia. While no set-aside designation was formally used, the award leveraged Precise Systems' SBA 8(a) Program Participant certification, which expires July 24, 2030, alongside its HUBZone firm status.
Precise Systems Inc. brings substantial small business credentials and federal contracting experience to this engagement, including prior significant awards from the IRS, Government Accountability Office, and Department of the Army. The company holds two substantial Indefinite Delivery Vehicles—a $475,000 General Services Administration Federal Supply Schedule contract and a $4 billion Naval Sea Systems Command Seaport-NXG multiple award contract—positioning it to deliver complex IT services including cloud migrations and application development. This IRS contract represents a critical modernization effort supporting the agency's tax administration systems through enhanced cloud-based reporting infrastructure.
Description
IRS is seeking a cloud-based IMF/701 reporting hardening implementation sole-source 8(a) direct award. This request aligns to the funding associated with the inflation reduction act (IRA) of 2022, and application development (ad) domains impacting IR
Quick answers
Who was awarded contract 2032H523C00056?
2032H523C00056 was awarded to Precise Systems Inc. by Internal Revenue Service (Department of the Treasury) on September 1, 2023.
How much is contract 2032H523C00056 worth?
The government has obligated $4,306,605 on 2032H523C00056. Its potential value, with all options, is $4,646,725.
Was contract 2032H523C00056 competed?
The government received 1 offer.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award