TRM web-based subscriptions
Ended Definitive Contract Awarded Last action
- Contract number
- 2032H523C00101
- Awardee
-
TRM Labs, Inc. UEI EW97MHKPD1P8
- Awarding agency
-
Internal Revenue Service
Department of the Treasury
- Obligated
- $3,328,830
Award facts
- Opportunity
-
- TRM Web Based Subscriptions Special Notice · 5000168242 · Posted Sep 26, 2023
- Contract value 71% obligated
-
- $3,328,830.00 Current, with exercised options
- $4,687,593.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 513210 Software Publishers
- PSC
- DE10 IT and Telecom - End User as a Service: Help Desk;Tier 1-2,Workspace,Print,Output,Productivity Tools
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- San Francisco, CA 94107, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $2,316,952 | |
| Supplemental Agreement for work within scope | $73,542 | |
| Original award | $938,336 |
About this award
The Internal Revenue Service (IRS) awarded a $4,687,593.00 firm fixed price, sole source contract to TRM Labs, Inc., a self-certified small disadvantaged business in San Francisco, California, for TRM web-based subscriptions to support criminal investigations involving cyber or cryptocurrency components. This contract is not set aside and is part of a $25 million multiple-award Indefinite Delivery Vehicle (IDV) contract the Federal Bureau of Investigation (FBI) awarded to TRM Labs in March 2022 to provide virtual currency tracing tools, blockchain analytics software, and related professional services. TRM Labs' proprietary software, unique blockchain tracing capabilities, and continuity of operations were cited as the justification for the sole source award.
Quick answers
Who was awarded contract 2032H523C00101?
2032H523C00101 was awarded to TRM Labs, Inc. by Internal Revenue Service (Department of the Treasury) on September 29, 2023.
How much is contract 2032H523C00101 worth?
The government has obligated $3,328,830 on 2032H523C00101. Its potential value, with all options, is $4,687,593.
Was contract 2032H523C00101 competed?
The extent of competition for 2032H523C00101 was not competed. The government received 1 offer.
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