Treasury's IRS awards $2.75M CyberArk ELA for Certificate Manager, ensuring 3-year software access

Contract Overview

Contract Amount: $2,750,023 ($2.8M)

Contractor: Thundercat Technology, LLC

Awarding Agency: Department of the Treasury

Start Date: 2026-03-12

End Date: 2027-03-11

Contract Duration: 364 days

Daily Burn Rate: $7.6K/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 3

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: CYBERARK-ELA-BASE, CYBERARK CERTIFICATE MANAGER ENTERPRISE

Place of Performance

Location: LANHAM, PRINCE GEORGES County, MARYLAND, 20706

State: Maryland Government Spending

Plain-Language Summary

Department of the Treasury obligated $2.8 million to THUNDERCAT TECHNOLOGY, LLC for work described as: CYBERARK-ELA-BASE, CYBERARK CERTIFICATE MANAGER ENTERPRISE Key points: 1. The contract provides essential cybersecurity software for the IRS. 2. Competition was full and open after exclusion of sources, suggesting a competitive process. 3. The firm fixed price contract type helps control costs. 4. The contract duration of 364 days is standard for software licensing.

Value Assessment

Rating: good

The award amount of $2.75M for a 3-year enterprise license for CyberArk Certificate Manager appears reasonable given the software's critical security function. Benchmarking against similar enterprise cybersecurity software contracts would provide further validation.

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,' indicating that while other sources were initially considered, the final award was made through a competitive process. This method generally promotes price discovery and fair market value.

Taxpayer Impact: The $2.75M expenditure for essential cybersecurity software is a necessary investment for the IRS to protect sensitive taxpayer data, representing a justifiable use of taxpayer funds.

Public Impact

Ensures continued protection of sensitive IRS systems and taxpayer data. Supports the IRS's ongoing digital transformation and cybersecurity posture. Provides critical software for managing digital certificates, vital for secure transactions.

Waste & Efficiency Indicators

Waste Risk Score: 75 / 10

Positive Signals

Sector Analysis

This contract falls within the IT sector, specifically focusing on cybersecurity software. Spending on cybersecurity solutions continues to rise across government agencies as threats evolve. The IRS's investment aligns with broader federal efforts to enhance digital security.

Small Business Impact

The data does not indicate any specific set-asides for small businesses. The awardee, THUNDERCAT TECHNOLOGY, LLC, is not identified as a small business in this context, suggesting the primary focus was on technical capability and competitive pricing.

Oversight & Accountability

The contract was awarded by the Department of the Treasury's Internal Revenue Service, indicating standard federal procurement oversight. The firm fixed price structure and competitive award process contribute to accountability.

Related Government Programs

Risk Flags

Tags

other-computer-related-services, department-of-the-treasury, md, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $2.8 million to THUNDERCAT TECHNOLOGY, LLC. CYBERARK-ELA-BASE, CYBERARK CERTIFICATE MANAGER ENTERPRISE

Who is the contractor on this award?

The obligated recipient is THUNDERCAT TECHNOLOGY, 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 $2.8 million.

What is the period of performance?

Start: 2026-03-12. End: 2027-03-11.

What is the specific value proposition of CyberArk Certificate Manager for the IRS?

CyberArk Certificate Manager provides automated discovery, management, and security for privileged credentials, including digital certificates. For the IRS, this translates to enhanced security for critical systems, reduced risk of certificate-related breaches, streamlined compliance, and improved operational efficiency in managing a complex digital certificate infrastructure.

What are the primary risks associated with this contract award?

Potential risks include vendor lock-in with CyberArk, the possibility of future price increases upon renewal, and the need for skilled personnel to effectively implement and manage the software. Ensuring robust contract management and performance monitoring will be crucial to mitigate these risks.

How does this contract contribute to the IRS's overall cybersecurity effectiveness?

This contract directly enhances the IRS's cybersecurity by securing critical digital certificates, which are foundational for secure communication and authentication. By automating management and reducing manual errors, it strengthens the agency's defense against sophisticated cyber threats targeting identity and access management.

Industry Classification

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

Product/Service Code: IT AND TELECOM - COMPUTE

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 3

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Thundercat Technology LLC

Address: 11190 SUNRISE VALLEY DR STE 200, RESTON, VA, 20191

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $8,669,398

Exercised Options: $2,750,023

Current Obligation: $2,750,023

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: NNG15SC92B

IDV Type: GWAC

Timeline

Start Date: 2026-03-12

Current End Date: 2027-03-11

Potential End Date: 2029-03-11 10:08:11

Last Modified: 2026-04-08

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