What is the Department of the Treasury's total contract spending in FY2025?

The Department of the Treasury's FY2025 contract spending is approximately $4.2 billion, with the IRS accounting for the majority of procurement activity.

Which Treasury bureau is the largest buyer of contractor services?

The Internal Revenue Service (IRS) is the largest Treasury buyer, particularly for IT modernization and taxpayer services contracts funded by the Inflation Reduction Act.

What are the major contract vehicles used by the Department of the Treasury?

Major Treasury contract vehicles include IRS TIPSS-4/TIPSS-5 for IT support, IRS EDOS BPA for development and operations, Treasury Enterprise Cloud BPA for cloud services, plus Alliant 2 and 8(a) STARS III.

What is IRS Publication 1075 and why is it important for contractors?

IRS Publication 1075 sets security requirements for protecting federal tax information. Contractors working with IRS data must demonstrate compliance with these standards to be eligible for contracts.

How can small businesses access Treasury contracting opportunities?

Small businesses can participate through the Treasury Business Partnership Network (TBPN) Mentor-Protege Program, meet with Small Business specialists, and pursue subcontracting with prime contractors.

What NAICS codes are most relevant for Treasury contracting?

Common NAICS codes include 541512 (Computer Systems Design), 541611 (Management Consulting), 541219 (Accounting Services), and 518210 (Data Processing and Hosting).

Where can I find Treasury contract opportunities?

Treasury opportunities are posted on SAM.gov for solicitations over $25,000, plus agency forecasts, agency-specific procurement portals, and intelligence platforms like GovWin.

What registrations are required before pursuing Treasury contracts?

Required registrations include SAM.gov registration, Unique Entity ID (UEI), appropriate NAICS codes, and small business certifications if applicable.

How does Treasury evaluate contract proposals?

Treasury evaluates proposals based on technical approach, past performance, and price, with particular emphasis on understanding the agency's mission and relevant experience with similar federal work.

What is the TIPSS contract vehicle?

TIPSS (Technology Infrastructure Program Support Services) is a major IDIQ vehicle used by the IRS for IT support services, with TIPSS-4 and TIPSS-5 being the current versions.

What are common mistakes contractors make when pursuing Treasury contracts?

Common mistakes include underestimating IRS Publication 1075 requirements, failing to understand differences between Treasury bureaus, and overlooking the Administrative Resource Center as a procurement pathway.

How can I build relationships with Treasury contracting officers?

Attend Treasury Industry Days and vendor outreach events, meet with Small Business specialists, participate in Treasury-focused industry associations, and request capability briefings with program managers.

What role does the IRS Inflation Reduction Act funding play in contracting?

The Inflation Reduction Act provides significant funding for IRS IT modernization, creating substantial contracting opportunities for technology and professional services providers.

What is the Treasury Business Partnership Network (TBPN)?

TBPN is a mentor-protege program administered by Treasury OSDBU that pairs small businesses with large prime contractors holding active Treasury contracts.

How competitive is Treasury contracting?

Treasury contracting is competitive, particularly for IRS work. Success requires expertise in tax administration systems, financial sector knowledge, and strong past performance with similar federal agencies.

What past performance is most valuable for Treasury contracts?

Relevant federal contract experience with similar size and complexity is most valuable, particularly work involving financial systems, tax administration, or other Treasury bureaus.

How can contractors prepare for Treasury's technical evaluation criteria?

Demonstrate deep understanding of Treasury's mission, propose solutions aligned with agency priorities, show relevant experience with large-scale financial or tax systems, and include qualified personnel with appropriate clearances.

Back to Agency Guides

Federal Agency Guide

January 15, 2025

How to Win Treasury Contracts

Q: What types of services does Treasury most frequently procure?

Treasury frequently procures IT modernization, financial services, professional services, cybersecurity, data analytics, and cloud services.

Q: What are the key Treasury offices that issue contracts?

Key contracting offices include the IRS, Bureau of the Fiscal Service, Office of the Comptroller of the Currency, Financial Crimes Enforcement Network (FinCEN), and U.S. Mint.

Manages federal finances, collects taxes, and produces currency.

$4.2 billion

FY2025 Contract Spend

Key Offices

Treasury

Agency Code

Understanding Treasury Procurement

The Department of the Treasury manages U.S. economic and financial systems. The department encompasses the IRS, Bureau of the Fiscal Service, Bureau of Engraving and Printing, U.S. Mint, FinCEN, and the Office of the Comptroller of the Currency. The IRS dominates Treasury procurement with significant IT modernization investments under the Inflation Reduction Act.

How Treasury Buys

Treasury procurement emphasizes IT services, financial management systems, cybersecurity, and professional services. The IRS utilizes sophisticated evaluation criteria focused on technical approach and experience with large-scale tax administration systems. Treasury values contractors with financial sector expertise.

Major Contract Vehicles

IRS TIPSS-4/TIPSS-5: Major IDIQ vehicles for IRS IT support. IRS EDOS BPA: Development and operations services. Treasury Enterprise Cloud BPA: Cloud migration and hosting. Treasury also uses Alliant 2 and 8(a) STARS III.

Step 1: Get Registered

Before pursuing Treasury contracts, ensure you have the foundational registrations in place:

Required Registrations

Essential for all federal contractors

✓ SAM.gov Registration (mandatory)

✓ Unique Entity ID (UEI)

✓ NAICS Codes for your services

✓ Small Business Certifications (if applicable)

Agency-Specific Requirements

Treasury has specific certification and registration requirements that may include:

Certification Programs

✓ FedRAMP

✓ IRS Publication 1075 Compliance

✓ Financial Industry Certifications

✓ Small Business Programs

Step 2: Identify Opportunities

Finding the right Treasury opportunities requires monitoring multiple sources and understanding where contracts are posted.

Primary Sources

SAM.gov: All federal opportunities over $25,000 are posted here
Agency Forecast: Treasury publishes upcoming procurement forecasts
Agency-Specific Portals: Some offices have their own procurement sites
GovWin and other intelligence platforms: Early visibility into upcoming opportunities

Key Treasury Offices

Major contracting organizations

• Internal Revenue Service (IRS)

• Bureau of the Fiscal Service

• Office of the Comptroller of the Currency

• Financial Crimes Enforcement Network (FinCEN)

• U.S. Mint

Top Contract Types

Treasury frequently procures the following types of goods and services:

IT Modernization

Financial Services

Professional Services

Cybersecurity

Data Analytics

Cloud Services

Step 3: Position Your Company

Winning Treasury contracts requires strategic positioning before opportunities are released.

Build Relationships

Attend Treasury Industry Days and vendor outreach events
Meet with Small Business specialists at key offices
Participate in Treasury-focused industry associations
Request capability briefings with program managers

Relevant NAICS Codes

Common NAICS codes for Treasury contracting include:

541512 - Computer Systems Design
541611 - Management Consulting
541219 - Accounting Services
518210 - Data Processing

Step 4: Develop Winning Proposals

Treasury evaluates proposals based on technical approach, past performance, and price. Here's how to stand out:

Technical Approach

Demonstrate deep understanding of Treasury's mission and challenges
Propose innovative solutions aligned with agency priorities
Show relevant experience with similar federal agencies
Include qualified key personnel with appropriate clearances

Past Performance

Highlight relevant federal contract experience
Include contracts of similar size, scope, and complexity
Provide strong references from government clients
If new to federal, emphasize relevant commercial experience

Pricing Strategy

Research competitive pricing through FPDS and USASpending
Ensure rates are competitive but sustainable
Provide clear cost breakdowns and justifications
Consider best value vs. lowest price evaluation criteria

Winning Strategies for Treasury

Develop expertise in tax administration systems and IRS-specific technologies
Pursue subcontracting with TIPSS and EDOS prime contractors
Participate in Treasury Mentor-Protege Program
Invest in FedRAMP-authorized cloud and IRS Publication 1075 compliance
Monitor IRS modernization initiatives

Common Mistakes to Avoid

Underestimating IRS Publication 1075 requirements
Failing to understand distinctions between Treasury bureaus
Overlooking Administrative Resource Center as a procurement pathway

Small Business Programs at Treasury

Treasury OSDBU administers the Treasury Business Partnership Network (TBPN) Mentor-Protege Program. The program pairs small businesses with large prime contractors holding active Treasury contracts.

Key Contracting Offices

IRS Procurement: IT modernization, taxpayer services - the largest Treasury buyer. Bureau of the Fiscal Service: Payment systems, debt collection. Bureau of Engraving and Printing: Currency production. U.S. Mint: Coinage production. FinCEN: Anti-money laundering systems.

How Sweetspot Can Help

Winning Treasury contracts requires staying on top of opportunities and submitting compliant proposals quickly. Sweetspot helps you:

Discover Treasury opportunities across all offices and contract vehicles
Get instant alerts when relevant solicitations are posted
Generate compliant proposals with AI-assisted writing
Track your Treasury pipeline and improve win rates
Analyze past awards to understand competitive landscape

Ready to Win Treasury Contracts?

Let Sweetspot help you find and win contracts with the Department of the Treasury.

Request a Demo