IRS awards $513K for expert witness services in conservation easement valuation

Contract Overview

Contract Amount: $513,000 ($513.0K)

Contractor: LAW Offices of Abbas Hadjian, a Professional Corporation

Awarding Agency: Department of the Treasury

Start Date: 2025-06-12

End Date: 2030-06-11

Contract Duration: 1,825 days

Daily Burn Rate: $281/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: LABOR HOURS

Sector: Other

Official Description: TRACS0003289; APPROVED ON 6/10/25 EXPERT WITNESS: VALUATION/APPRAISAL OF SYNDICATED CONSERVATION EASEMENTS FOR INTERNAL REVENUE SERVICE CHIEF COUNSEL.

Place of Performance

Location: ENCINO, LOS ANGELES County, CALIFORNIA, 91436

State: California Government Spending

Plain-Language Summary

Department of the Treasury obligated $513,000 to LAW OFFICES OF ABBAS HADJIAN, A PROFESSIONAL CORPORATION for work described as: TRACS0003289; APPROVED ON 6/10/25 EXPERT WITNESS: VALUATION/APPRAISAL OF SYNDICATED CONSERVATION EASEMENTS FOR INTERNAL REVENUE SERVICE CHIEF COUNSEL. Key points: 1. Contract awarded to Law Offices of Abbas Hadjian for specialized legal expertise. 2. Focus on valuation of syndicated conservation easements highlights a niche but critical area. 3. Sole-source award raises questions about competition and potential price discovery. 4. Services support IRS Chief Counsel in complex tax litigation.

Value Assessment

Rating: questionable

The contract value of $513,000 for expert witness services appears high given the limited scope and single awardee. Benchmarking against similar specialized legal services for tax valuation is difficult without more data, but the lack of competition suggests potential overpricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

The contract was awarded sole-source, indicating a lack of competitive bidding. This method limits price discovery and may result in higher costs for taxpayers as the government did not explore alternative providers or negotiate based on multiple offers.

Taxpayer Impact: The sole-source nature of this award means taxpayers may be paying a premium for these specialized legal services without the benefit of competitive pricing.

Public Impact

Taxpayers may bear higher costs due to the absence of competition. Ensures specialized legal expertise for IRS in complex conservation easement cases. Potential for increased scrutiny on IRS contracting practices for sole-source awards.

Waste & Efficiency Indicators

Waste Risk Score: 30 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls under legal services, specifically focusing on tax law and valuation. The spending benchmark for such specialized expert witness services can vary widely, but the $513,000 award for a 5-year period suggests a significant investment in this niche area.

Small Business Impact

The contract was awarded to a professional corporation, and there is no indication that small businesses were involved in the bidding process or as subcontractors. The specialized nature of the service may limit small business participation.

Oversight & Accountability

The sole-source nature of this award warrants oversight to ensure the price is fair and reasonable and that the IRS adequately justified the lack of competition. Transparency in the justification process is crucial for accountability.

Related Government Programs

Risk Flags

Tags

offices-of-lawyers, department-of-the-treasury, ca, definitive-contract, 100k-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $513,000 to LAW OFFICES OF ABBAS HADJIAN, A PROFESSIONAL CORPORATION. TRACS0003289; APPROVED ON 6/10/25 EXPERT WITNESS: VALUATION/APPRAISAL OF SYNDICATED CONSERVATION EASEMENTS FOR INTERNAL REVENUE SERVICE CHIEF COUNSEL.

Who is the contractor on this award?

The obligated recipient is LAW OFFICES OF ABBAS HADJIAN, A PROFESSIONAL CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Internal Revenue Service).

What is the total obligated amount?

The obligated amount is $513,000.

What is the period of performance?

Start: 2025-06-12. End: 2030-06-11.

What is the justification for the sole-source award, and were alternative procurement methods considered?

The justification for a sole-source award typically involves unique capabilities, critical need, or lack of available sources. For this contract, the IRS likely cited the specialized expertise required for valuing syndicated conservation easements as the primary reason. However, a thorough review should confirm if other qualified firms were considered or if market research was conducted to ensure no other sources could meet the requirement.

How does the $513,000 contract value compare to similar expert witness services in tax litigation?

Benchmarking this contract's value is challenging without access to specific data on comparable services. However, $513,000 over five years ($102,600 annually) for specialized legal expert witness services in complex tax valuation cases might be considered reasonable if the firm possesses unique, highly sought-after expertise. A detailed cost analysis by the IRS would be necessary to validate this pricing against market rates for similar niche legal support.

What is the potential impact on tax litigation outcomes and taxpayer burden due to this specialized service?

Securing expert witness services for valuation is crucial for the IRS to effectively litigate complex tax cases involving syndicated conservation easements. High-quality expert testimony can strengthen the IRS's position, potentially leading to favorable outcomes in tax disputes. While this ensures the government has necessary resources, the cost is ultimately borne by taxpayers, underscoring the importance of ensuring the contract's value and necessity.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesLegal ServicesOffices of Lawyers

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: LABOR HOURS (Z)

Evaluated Preference: NONE

Contractor Details

Address: 16130 VENTURA BLVD STE 650, ENCINO, CA, 91436

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $513,000

Exercised Options: $513,000

Current Obligation: $513,000

Actual Outlays: $218,000

Contract Characteristics

Multi-Year Contract: Yes

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline

Start Date: 2025-06-12

Current End Date: 2030-06-11

Potential End Date: 2030-06-11 07:21:16

Last Modified: 2026-04-07

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