Treasury's IRS Awards $144M Contract for Web Data Services to Sayari Analytics
Contract Overview
Contract Amount: $1,442,349 ($1.4M)
Contractor: Sayari Analytics, LLC
Awarding Agency: Department of the Treasury
Start Date: 2022-09-01
End Date: 2025-08-31
Contract Duration: 1,095 days
Daily Burn Rate: $1.3K/day
Competition Type: FULL AND OPEN COMPETITION
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Sector: IT
Official Description: SAYARI WEB
Place of Performance
Location: TUCSON, PIMA County, ARIZONA, 85701
State: Arizona Government Spending
Plain-Language Summary
Department of the Treasury obligated $1.4 million to SAYARI ANALYTICS, LLC for work described as: SAYARI WEB Key points: 1. Significant contract value of $144.2 million over three years. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. Potential risk associated with reliance on a single vendor for critical data services. 4. The sector is IT, specifically data services for libraries and archives.
Value Assessment
Rating: good
The contract value of $144.2 million for a three-year period appears reasonable given the specialized nature of web data services. Benchmarking against similar contracts for data analytics and intelligence platforms would provide a more precise assessment.
Cost Per Unit: N/A
Competition Analysis
Competition Level: full-and-open
The contract was awarded under full and open competition, indicating that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.
Taxpayer Impact: Taxpayer funds are being used for this contract. The competitive nature of the award suggests efforts to ensure cost-effectiveness, but ongoing monitoring is crucial.
Public Impact
Enhances IRS capabilities in data analysis and intelligence gathering. Supports the Libraries and Archives sector with advanced web data tools. Potential for improved efficiency and effectiveness in government operations.
Waste & Efficiency Indicators
Waste Risk Score: 50 / 10
Warning Flags
- Vendor lock-in risk
- Data security and privacy concerns
- Scalability of services
Positive Signals
- Competitive award process
- Clear contract duration
- Firm fixed price contract
Sector Analysis
This contract falls within the Information Technology sector, specifically focusing on data services and analytics. The North American Industry Classification System (NAICS) code 519120 for Libraries and Archives suggests a specialized application of these IT services.
Small Business Impact
The provided data does not indicate whether small businesses were involved as subcontractors or prime contractors in this award. Further analysis would be needed to assess small business participation.
Oversight & Accountability
The contract is subject to standard government oversight mechanisms. The IRS will be responsible for monitoring performance, ensuring compliance with contract terms, and managing vendor relationships to ensure accountability.
Related Government Programs
- Libraries and Archives
- Department of the Treasury Contracting
- Internal Revenue Service Programs
Risk Flags
- Potential for vendor lock-in
- Data security and privacy risks
- Reliance on specialized vendor expertise
- Ensuring continued relevance of services over contract duration
Tags
libraries-and-archives, department-of-the-treasury, az, delivery-order, 1m-plus
Frequently Asked Questions
What is this federal contract paying for?
Department of the Treasury awarded $1.4 million to SAYARI ANALYTICS, LLC. SAYARI WEB
Who is the contractor on this award?
The obligated recipient is SAYARI ANALYTICS, 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 $1.4 million.
What is the period of performance?
Start: 2022-09-01. End: 2025-08-31.
What specific data analytics capabilities does Sayari Web provide that are critical for the IRS?
Sayari Web likely provides advanced capabilities for collecting, processing, and analyzing vast amounts of web-based data. This could include identifying trends, detecting anomalies, and generating intelligence reports crucial for tax administration, fraud detection, and compliance efforts. The specific functionalities would be detailed in the contract's statement of work.
What are the primary risks associated with the firm fixed-price contract type for these data services?
A firm fixed-price contract aims to provide cost certainty. However, for evolving data services, risks include the vendor potentially underestimating costs, leading to reduced quality or scope, or the government missing out on potential cost savings if market prices decrease. The IRS must ensure the SOW is comprehensive to mitigate scope creep.
How does this contract contribute to the IRS's overall mission effectiveness?
By providing sophisticated web data analysis tools, this contract can significantly enhance the IRS's ability to identify non-compliance, detect tax fraud, and understand economic trends relevant to tax policy. This ultimately supports the agency's mission of efficient tax collection and administration, potentially leading to increased revenue and improved taxpayer services.
Industry Classification
NAICS: Information › Other Information Services › Libraries and Archives
Product/Service Code: IT AND TELECOM - INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS › IT AND TELECOM - END USER
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
Address: 829 7TH ST NW FL 3, WASHINGTON, DC, 20001
Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $1,442,349
Exercised Options: $1,442,349
Current Obligation: $1,442,349
Actual Outlays: $1,442,349
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 03310321D0007
IDV Type: IDC
Timeline
Start Date: 2022-09-01
Current End Date: 2025-08-31
Potential End Date: 2025-08-31 15:51:41
Last Modified: 2026-04-03
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