Treasury's IRS awards $29.7M for ID.ME software and maintenance to V3GATE, LLC

Contract Overview

Contract Amount: $29,732,095 ($29.7M)

Contractor: V3gate, LLC

Awarding Agency: Department of the Treasury

Start Date: 2022-12-30

End Date: 2024-06-29

Contract Duration: 547 days

Daily Burn Rate: $54.4K/day

Competition Type: FULL AND OPEN COMPETITION

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: ID.ME SOFTWARE AND SOFTWARE MAINTENANCE

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20220

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $29.7 million to V3GATE, LLC for work described as: ID.ME SOFTWARE AND SOFTWARE MAINTENANCE Key points: 1. Contract awarded via BPA Call, indicating a pre-competed framework. 2. Firm Fixed Price contract type suggests predictable costs for the government. 3. Duration of 547 days provides a clear timeframe for service delivery. 4. No small business set-aside was utilized for this procurement. 5. The contract is for software and software maintenance, a critical IT function. 6. Awarded to V3GATE, LLC, a single entity for this specific call. 7. The North American Industry Classification System (NAICS) code is 334111, related to computer manufacturing, which may indicate hardware components or integration services. 8. The contract is managed by the Department of the Treasury, specifically the Internal Revenue Service.

Value Assessment

Rating: fair

Benchmarking the value of this contract is challenging without specific service details or comparable contract data. The total award amount of $29.7 million over approximately 18 months suggests a significant investment in software and maintenance. Without knowing the specific software and the scope of maintenance, it's difficult to assess if the pricing is competitive or represents good value for money. Further analysis would require understanding the criticality of the software and the market rates for similar support services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded under a 'Full and Open Competition' through a Blanket Purchase Agreement (BPA) Call. This implies that the underlying BPA was competed, and this specific call was also open to eligible vendors. The BPA mechanism generally allows for streamlined ordering against pre-negotiated terms and conditions, potentially leading to more efficient procurement. The number of bidders for this specific call is not provided, but the 'full and open' designation suggests a competitive process was intended.

Taxpayer Impact: A full and open competition, even through a BPA call, generally benefits taxpayers by fostering a competitive environment that can lead to better pricing and service quality compared to sole-source or limited competition awards.

Public Impact

The primary beneficiaries are likely IRS employees and potentially taxpayers who rely on the services supported by the ID.ME software. The contract delivers essential software and ongoing maintenance, ensuring the functionality and security of critical IRS systems. The geographic impact is primarily within the District of Columbia, where the IRS headquarters is located, but the software's reach could be nationwide. Workforce implications include ensuring IRS IT staff have the necessary tools and support to perform their duties effectively.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The Information Technology sector, specifically software and IT services, is a massive and critical component of federal spending. This contract falls within the broader IT services market, which includes software development, maintenance, and support. Federal spending in this area is consistently high due to the government's reliance on technology for operations, data management, and citizen services. Comparable spending benchmarks would typically look at other large-scale software licensing and maintenance contracts awarded across various federal agencies.

Small Business Impact

This contract was not awarded as a small business set-aside, nor does it appear to have specific subcontracting requirements for small businesses indicated in the provided data. This means that opportunities for small businesses to participate in this specific award are limited unless they are subcontractors to the prime awardee, V3GATE, LLC. The impact on the small business ecosystem is neutral to negative for this specific contract, as it did not prioritize small business participation.

Oversight & Accountability

Oversight for this contract would primarily fall under the Department of the Treasury and the Internal Revenue Service's contracting and program management offices. The firm fixed price nature of the contract provides some level of cost control. Transparency is facilitated by the contract award data being publicly available. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected related to the contract's performance or execution.

Related Government Programs

Risk Flags

Tags

it-services, software-maintenance, department-of-the-treasury, internal-revenue-service, firm-fixed-price, full-and-open-competition, bpa-call, district-of-columbia, large-contract, it-infrastructure

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $29.7 million to V3GATE, LLC. ID.ME SOFTWARE AND SOFTWARE MAINTENANCE

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 $29.7 million.

What is the period of performance?

Start: 2022-12-30. End: 2024-06-29.

What specific software is being procured under ID.ME, and what is the scope of the maintenance services?

The provided data does not specify the exact software covered by 'ID.ME SOFTWARE AND SOFTWARE MAINTENANCE'. The 'ID.ME' designation might refer to a specific system or platform, potentially related to identity verification or management, given the common use of the ID.me brand for such services. The scope of maintenance is also not detailed but typically includes bug fixes, software updates, security patches, and technical support to ensure the software operates effectively and remains secure throughout the contract period. Without more granular information, it's impossible to determine the precise functionalities and support levels included.

How does the $29.7 million award compare to historical spending on similar software and maintenance for the IRS?

Comparing this $29.7 million award to historical IRS spending on similar software and maintenance requires access to historical contract databases and specific categorization of past procurements. The IRS, like many large federal agencies, invests heavily in IT infrastructure, including software licenses and ongoing support. Without knowing the specific software and its criticality, it's difficult to make a direct comparison. However, given the IRS's complex operational needs, significant investments in software and maintenance are typical. A comprehensive analysis would involve trend analysis of IT spending over several fiscal years, looking for contracts with similar NAICS codes (though 334111 is unusual here) or service descriptions.

What are the key performance indicators (KPIs) for this contract, and how is V3GATE, LLC's performance being measured?

The provided contract data does not include specific Key Performance Indicators (KPIs) or details on how V3GATE, LLC's performance is being measured. For software and maintenance contracts, typical KPIs might include software uptime, response times for technical support, resolution times for reported issues, successful application of patches and updates, and adherence to security protocols. Performance is usually assessed through regular reporting by the contractor, government acceptance of deliverables, and potentially through user feedback. The contracting officer's representative (COR) would typically be responsible for monitoring performance against the contract's requirements and terms.

What is the risk profile associated with this contract, considering the awardee and the nature of the services?

The risk profile for this contract appears moderate. The awardee, V3GATE, LLC, is a single entity responsible for delivering both software and maintenance. The 'Full and Open Competition' suggests a degree of vetting. However, risks can arise from the potential for vendor lock-in, the criticality of the software to IRS operations (if it fails, operations could be severely impacted), and the possibility of unforeseen technical challenges or cost overruns, although the Firm Fixed Price (FFP) contract type mitigates cost overrun risk for the government. The unusual NAICS code also introduces a minor risk of misclassification or misunderstanding of the scope. The duration of the contract (547 days) is relatively standard for such services.

What is the strategic importance of the ID.ME software and maintenance to the IRS's overall mission?

The strategic importance of the ID.ME software and maintenance to the IRS's mission is likely high, assuming 'ID.ME' refers to a critical system. If it relates to identity management, secure access, or data integrity, it would be fundamental to the IRS's ability to process tax information securely and efficiently, protect taxpayer data, and maintain public trust. Modern tax administration relies heavily on robust IT systems for everything from filing and payment processing to fraud detection and taxpayer communication. Ensuring the continuous availability and security of such software through maintenance is therefore paramount to the IRS's operational effectiveness and its core mission of tax collection and enforcement.

Industry Classification

NAICS: ManufacturingComputer and Peripheral Equipment ManufacturingElectronic Computer Manufacturing

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 555 MIDDLE CREEK PKWY UNIT 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: $29,732,095

Exercised Options: $29,732,095

Current Obligation: $29,732,095

Actual Outlays: $29,732,095

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 2032H520A00009

IDV Type: BPA

Timeline

Start Date: 2022-12-30

Current End Date: 2024-06-29

Potential End Date: 2024-06-29 12:56:03

Last Modified: 2025-03-09

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