Expert witness services - TRACS0005845 - approved 8/15/2025 - business valuation for internal revenue service chief counsel.

Active Purchase Order Awarded Last action

Contract number
2023H225P00450
Awardee
Awarding agency
Obligated
$171,250

Award facts

Contract value 69% obligated
  • $171,250.00 Current, with exercised options
  • $249,630.00 Potential, with all options
Completion date 24% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Not Competed under SAP · 1 offer Simplified Acquisition
Pricing
Labor Hours
Place of performance
Chicago, IL 60603, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00001 · Expert witness services. Add far clause 52.222-90 in accordance with executive order 14398. $0
Original award $171,250

About this award

The Internal Revenue Service awarded a purchase order to Global Economics Group, LLC for expert witness services on August 15, 2025, with a ceiling value of $249,630.00. The engagement covers business valuation services for IRS Chief Counsel and carries a labor-hours pricing structure. Performance occurs in Chicago, Illinois, with an ultimate completion date of August 14, 2030. FAR clause 52.222-90 applies per Executive Order 14398.

Quick answers

Who was awarded contract 2023H225P00450?

2023H225P00450 was awarded to Global Economics Group, LLC by Internal Revenue Service (Department of the Treasury) on August 15, 2025.

How much is contract 2023H225P00450 worth?

The government has obligated $171,250 on 2023H225P00450. Its potential value, with all options, is $249,630.

Was contract 2023H225P00450 competed?

The extent of competition for 2023H225P00450 was not competed under sap. The government received 1 offer.

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