INTERNATIONAL BUSINESS MACHINES CORPORATION - BMF MODERNIZATION POST-PROCESSING, COMMON SERVICE DEVELOPMENT AND LEGACY INTEGRATION

PIID: 2032H524F00181Solicitation ID: 2032H5-24-Q-0005
Effective Date: Mar 22, 2024End Date: Closed on Mar 21, 2026
Award $
$39.3M
Vendor
INTERNATIONAL BUSINESS MACHINES CORPORATION
NAICS
541511

Key Details

Dollars Obligated
$39.3M
Base & All Options
$81.3M
Awarding Sub-Agency
Internal Revenue Service
NAICS Code
541511
Parent IDIQ (PIID)
2032H523A00017
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
2
Place of Performance
MD

Description

BMF MODERNIZATION POST-PROCESSING, COMMON SERVICE DEVELOPMENT AND LEGACY INTEGRATION

Context & Analysis

Department of the Treasury obligated $39,301,103.04 to INTERNATIONAL BUSINESS MACHINES CORPORATION for bmf modernization post-processing, common service development and legacy integration. The award is classified under NAICS 541511. Competition extent: full and open competition with 2 offers received. Performance is located in MD. This award is one of several similar procurements from Department of the Treasury under NAICS 541511 — related awards are listed below.

Market context

Recompete outlook
Ended Mar 21, 2026 (7 months ago). Recompete signal as of Oct 18, 2026: 49/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 2 offers. 87% of 348 awards in this market (Department of the Treasury awards in NAICS 541511 over the last 3 years) were competed; median 2 offers.
Award size
At $39.3M, this award is larger than 19 in 20 of the 330 priced Department of the Treasury awards in NAICS 541511 over the last 3 years (median $1.2M).
Incumbent at this agency
INTERNATIONAL BUSINESS MACHINES CORPORATION has 56 other awards from Department of the Treasury, totalling $1.2B, 2019–2026.
Largest vendors in this market

By obligations, Department of the Treasury awards in NAICS 541511 over the last 3 years.

Computed from USAspending award data on Oct 18, 2026.

Contractor Information

UEI: J64CSQTQNRC1

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