2032H820D00002 - ELECTRONIC RESEARCH SERVICES - TAX RESEARCH SERVIC...
Federal Contract Award Search » IDC Award - Comprehensive Tax Services for the IRS (2020)
This IDC contract for IT Outsourcing, Printed/Published Media, IT Software was awarded in FY2020 on Jun 18, 2020 to Bloomberg Inc. by IRS Chief Procurement Officer. There have been $8.5M in obligations to date with a ceiling value of $15M, showing a 56% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Dec 30, 2025.
Bloomberg Inc. is a contractor located in VA, doing primarily IT Software work for Treasury. The company receives $24.5M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- 2032H820D00002
- Contractor
- BUREAU OF NATIONAL AFFAIRS, INC., THE
- Obligations to Date
- $8.5M
- Ceiling Value
- $15M
- Award Date
- 06/18/2020
- Contract Type
- IDC
- Contract Vehicle
- Comprehensive Tax Services for the IRS (2020)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Treasury»Internal Revenue Service»IRS Operations Support»IRS Chief Procurement Officer
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 2032H820F00121 | BUREAU OF NATIONAL AFFAIRS, INC., THE | $2.2M | 07/01/2020 |
| 2032H822F00004 | BUREAU OF NATIONAL AFFAIRS, INC., THE | $2M | 10/01/2021 |
| 2032H823F00003 | BUREAU OF NATIONAL AFFAIRS, INC., THE | $2.1M | 10/01/2022 |
| 2032H524F00004 | BUREAU OF NATIONAL AFFAIRS, INC., THE | $2.1M | 10/02/2023 |
| 2032H825F00001 | BUREAU OF NATIONAL AFFAIRS, INC., THE | $0.00 | 10/02/2024 |
