The scope of this PWS encompasses contractor assistance to provide IRS cybersecurity security risk management the necessary support in performing security activities.
Ended Awarded Last action
- Contract number
- 2032H520F00723
- Awardee
-
Teracore Inc. UEI HALMJSCZ42W5
- Awarding agency
-
Internal Revenue Service
Department of the Treasury
- Obligated
- $36,301,062
Award facts
- Contract value 92% obligated
- $39,400,229.76 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541512 Computer Systems Design Services
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 9 offers Multiple Award, Fair Opportunity
- Pricing
- Fixed Price Level of Effort
- Place of performance
- Lanham-Seabrook, MD 20703, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $1,914,626 | |
| Funding Only Action | $638,209 | |
| Funding Only Action | $638,209 | |
| Other Administrative Action | $641,671 | |
| Funding Only Action | $52,920 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $496,756 | |
| Funding Only Action | -$140,214 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $6,770,641 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $105,496 | |
| Funding Only Action | $31,547 | |
| Funding Only Action | $4,284,297 | |
| Other Administrative Action | $3,326 | |
| Other Administrative Action | -$3,326 | |
| Exercise an Option | $2,215,685 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $261,153 | |
| Funding Only Action | -$168,697 | |
| Funding Only Action | $4,453,541 | |
| Funding Only Action | -$145,290 | |
| Exercise an Option | $2,030,069 | |
| Other Administrative Action | -$1,096,411 | |
| Funding Only Action | $715,500 | |
| Other Administrative Action | -$715,500 | |
| Funding Only Action | $3,265,038 | |
| Funding Only Action | $1,182,567 | |
| Exercise an Option | $0 | |
| Exercise an Option | $2,565,574 | |
| Exercise an Option | $48,700 | |
| Funding Only Action | $871,877 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $94,000 | |
| Original award | $5,289,100 |
Show all 36
About this award
The Internal Revenue Service issued a delivery order to Teracore Inc., a Service-Disabled Veteran-Owned Small Business, on September 30, 2020, under the Veterans Technology Services 2 (VETS 2) GWAC with a ceiling value of $39.4 million. The order is set aside for total small business.
VETS 2 is a GSA-administered government-wide acquisition contract supporting management and enterprise IT consulting services for federal civilian agencies. The delivery order funds CLINs 5001, 5003, 5004, 5005, and 5008 for IRS cybersecurity security risk management, including Federal Information Security Management Act compliance, security controls assessments, and risk analyses. Place of performance is Lanham-Seabrook, Maryland, with an ultimate completion date of July 5, 2026.
Teracore holds both veteran-owned small business and service-disabled veteran-owned small business certifications, both expiring January 20, 2027. The order is priced as fixed-price level of effort. As of FY2023, the order carried 28.6 FTEs across 59,576 contractor hours with a derived government-paid blended hourly rate of $111.82 per hour. Two subcontractors performed 47 percent of contractor hours in that fiscal year. Labor footprint has grown from 15.1 FTEs in FY2021 to 30.8 FTEs in FY2022, then stabilized at 28.6 FTEs in FY2023, while the derived hourly rate has risen from $98.34 to $111.82 over the same period.
Quick answers
Who was awarded contract 2032H520F00723?
2032H520F00723 was awarded to Teracore Inc. by Internal Revenue Service (Department of the Treasury) on September 30, 2020.
How much is contract 2032H520F00723 worth?
The government has obligated $36,301,062 on 2032H520F00723. Its current value, with exercised options, is $39,400,230.
Is contract 2032H520F00723 an order under another contract?
Yes. 2032H520F00723 is a delivery order under 47QTCH18D0062, a government wide acquisition contract (GWAC), on Veterans Technology Services 2 (VETS 2).
Was contract 2032H520F00723 competed?
The extent of competition for 2032H520F00723 was full and open competition after exclusion of sources. The government received 9 offers. It was set aside: Total Small Business.
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