Treasury's IRS awards $45.4M for EGAIN SaaS, impacting IT services sector

Contract Overview

Contract Amount: $45,374,152 ($45.4M)

Contractor: V3gate, LLC

Awarding Agency: Department of the Treasury

Start Date: 2021-05-31

End Date: 2026-05-30

Contract Duration: 1,825 days

Daily Burn Rate: $24.9K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: EGAIN SOFTWARE AS A SERVICE (SAAS) LICENSE COVID-19

Place of Performance

Location: COLORADO SPRINGS, EL PASO County, COLORADO, 80921

State: Colorado Government Spending

Plain-Language Summary

Department of the Treasury obligated $45.4 million to V3GATE, LLC for work described as: EGAIN SOFTWARE AS A SERVICE (SAAS) LICENSE COVID-19 Key points: 1. Significant contract value of $45.4M over 5 years. 2. Competition method is 'Full and Open After Exclusion of Sources', suggesting potential for better pricing. 3. Risk of vendor lock-in or limited future competition if not managed. 4. IT services sector, specifically software licensing, is a key area of government spending.

Value Assessment

Rating: fair

The contract is a Firm Fixed Price delivery order. Without specific benchmark data for EGAIN SaaS, assessing value is difficult. However, the 'Full and Open After Exclusion of Sources' competition method implies an attempt to achieve competitive pricing.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition After Exclusion of Sources'. This method allows for broad competition but may have had initial limitations. The pricing discovery relies on the competitive bids received.

Taxpayer Impact: Taxpayer funds are being used for essential IT services. The competitive nature of the award aims to ensure reasonable pricing and value for money.

Public Impact

Ensures IRS has necessary software for operations. Supports government's digital transformation efforts. Potential for improved efficiency in IRS services.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically software licensing. Government spending in this area is substantial, driven by the need for modern digital infrastructure and operational efficiency across agencies.

Small Business Impact

The data does not indicate if small businesses were involved in this contract. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The contract is a delivery order under a larger framework. Oversight would involve monitoring performance, adherence to terms, and ensuring continued value throughout the contract period.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-the-treasury, co, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $45.4 million to V3GATE, LLC. EGAIN SOFTWARE AS A SERVICE (SAAS) LICENSE COVID-19

Who is the contractor on this award?

The obligated recipient is V3GATE, LLC.

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $45.4 million.

What is the period of performance?

Start: 2021-05-31. End: 2026-05-30.

What specific IRS functions does the EGAIN SaaS license support, and how critical are these functions to taxpayer services?

The EGAIN SaaS license likely supports customer relationship management, case management, or communication platforms for the IRS. These functions are critical for managing taxpayer inquiries, processing applications, and resolving issues efficiently. Ensuring the software's effectiveness directly impacts the IRS's ability to serve the public and maintain compliance.

What were the key factors that led to the 'Exclusion of Sources' in this full and open competition, and did it limit potential cost savings?

The 'Exclusion of Sources' typically occurs when specific technical requirements or existing infrastructure necessitate a particular vendor's solution, or if a previous contract established a baseline. While aiming for openness, this exclusion might limit the pool of bidders, potentially impacting the degree of price competition and overall cost savings compared to a truly unrestricted open competition.

How does the $45.4M expenditure compare to industry benchmarks for similar SaaS solutions, and what is the projected return on investment for the IRS?

Benchmarking this expenditure requires detailed analysis of EGAIN's specific features, user count, and service level agreements against comparable SaaS contracts in the public and private sectors. Without this, it's difficult to assess value. A clear ROI projection should detail expected efficiency gains, cost reductions in other areas, or improved service delivery metrics.

Industry Classification

NAICS: Professional, Scientific, and Technical ServicesComputer Systems Design and Related ServicesOther Computer Related Services

Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONSIT AND TELECOM - NETWORK

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 555 MIDDLE CREEK PKWY STE 120, COLORADO SPRINGS, CO, 80921

Business Categories: Category Business, Hispanic American Owned Business, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $45,375,008

Exercised Options: $45,374,152

Current Obligation: $45,374,152

Actual Outlays: $45,374,152

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SD27B

IDV Type: GWAC

Timeline

Start Date: 2021-05-31

Current End Date: 2026-05-30

Potential End Date: 2026-05-30 15:14:03

Last Modified: 2025-07-10

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