Treasury's IRS Awards $10.19M Delivery Order to MITRE for BEP Efficiency Guidance

Contract Overview

Contract Amount: $10,188,030 ($10.2M)

Contractor: Peraton Inc.

Awarding Agency: Department of the Treasury

Start Date: 2025-03-17

End Date: 2026-03-29

Contract Duration: 377 days

Daily Burn Rate: $27.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: THIS IS A DELIVERY ORDER FOR MITRE CORPORATION TO PROVIDE TECHNICAL EXPERTISE, ASSESSMENT, AND GUIDANCE FOR THE QUALITY DIRECTORATE STRATEGIC GOAL TO IMPROVING THE EFFICIENCY OF SERVICES IT PROVIDES TO THE BUREAU OF ENGRAVING AND PRINTING.

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 $10.2 million to PERATON INC. for work described as: THIS IS A DELIVERY ORDER FOR MITRE CORPORATION TO PROVIDE TECHNICAL EXPERTISE, ASSESSMENT, AND GUIDANCE FOR THE QUALITY DIRECTORATE STRATEGIC GOAL TO IMPROVING THE EFFICIENCY OF SERVICES IT PROVIDES TO THE BUREAU OF ENGRAVING AND PRINTING. Key points: 1. MITRE Corporation will provide technical expertise to improve Bureau of Engraving and Printing (BEP) service efficiency. 2. The contract is a Firm Fixed Price delivery order under a larger agreement. 3. Competition was full and open, suggesting a competitive pricing environment. 4. The sector is IT services, specifically Computer Systems Design. 5. This award is for a duration of 377 days.

Value Assessment

Rating: good

The $10.19M award is a delivery order, implying it's part of a pre-negotiated contract. Without knowing the parent contract's pricing, a direct comparison is difficult, but the fixed-price nature suggests cost control.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives fair market value.

Taxpayer Impact: The competitive nature of the award is expected to yield a reasonable price, benefiting taxpayers by avoiding inflated costs.

Public Impact

Enhances efficiency within the Bureau of Engraving and Printing, potentially leading to cost savings and improved service delivery. Leverages MITRE's technical expertise for strategic guidance, a known entity in government advisory roles. Supports critical government functions by improving operational effectiveness. The IT services sector is crucial for modern government operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Computer Systems Design Services sector, a key area of IT spending. Benchmarks for similar advisory and technical guidance contracts can vary widely based on scope and duration.

Small Business Impact

The data indicates this award was not set aside for small businesses and the prime contractor, MITRE Corporation, is a large entity. There is no direct indication of small business subcontracting opportunities in this data.

Oversight & Accountability

As a delivery order under a larger contract, oversight likely exists within the parent contract's framework. The IRS's Quality Directorate would be responsible for monitoring performance and ensuring objectives are met.

Related Government Programs

Risk Flags

Tags

computer-systems-design-services, department-of-the-treasury, dc, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $10.2 million to PERATON INC.. THIS IS A DELIVERY ORDER FOR MITRE CORPORATION TO PROVIDE TECHNICAL EXPERTISE, ASSESSMENT, AND GUIDANCE FOR THE QUALITY DIRECTORATE STRATEGIC GOAL TO IMPROVING THE EFFICIENCY OF SERVICES IT PROVIDES TO THE BUREAU OF ENGRAVING AND PRINTING.

Who is the contractor on this award?

The obligated recipient is PERATON INC..

Which agency awarded this contract?

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

What is the total obligated amount?

The obligated amount is $10.2 million.

What is the period of performance?

Start: 2025-03-17. End: 2026-03-29.

What specific metrics will be used to measure the 'efficiency of services' provided by the Bureau of Engraving and Printing?

The effectiveness of this contract hinges on clearly defined and measurable metrics for service efficiency. Without specific KPIs, it's difficult to assess if MITRE's guidance leads to tangible improvements. The IRS Quality Directorate should ensure these metrics are established and tracked throughout the contract period to validate the value delivered.

What is the risk associated with relying on MITRE for strategic guidance, given their non-profit, federally funded research and development center (FFRDC) status?

MITRE's FFRDC status generally ensures objective, unbiased advice. However, the risk lies in the implementation of their guidance. If the BEP lacks the internal capacity or political will to adopt MITRE's recommendations, the investment in technical expertise may yield limited results, despite the quality of the advice itself.

How will the success of this contract be evaluated in terms of its impact on the Bureau of Engraving and Printing's overall operational effectiveness?

Success evaluation should focus on demonstrable improvements in BEP's service delivery speed, cost-effectiveness, and quality post-guidance implementation. Tracking changes in key operational indicators before and after the guidance period is crucial. The IRS should establish clear milestones and review points with MITRE to ensure alignment with strategic goals.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Veritas Capital Fund Management, L.L.C.

Address: 12975 WORLDGATE DR STE 7322, HERNDON, VA, 20170

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

Financial Breakdown

Contract Ceiling: $10,188,030

Exercised Options: $10,188,030

Current Obligation: $10,188,030

Actual Outlays: $8,473,150

Subaward Activity

Number of Subawards: 3

Total Subaward Amount: $1,676,728

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Parent Contract

Parent Award PIID: 47QTCK18D0011

IDV Type: GWAC

Timeline

Start Date: 2025-03-17

Current End Date: 2026-03-29

Potential End Date: 2026-03-29 00:00:00

Last Modified: 2026-03-13

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