Award Notice - TRM Labs, Inc.

TRM Labs, Inc. has been awarded a sole-source, firm fixed price contract valued at $94,655,840 to provide AI-driven forensic software and operational support services to the Homeland Security Task Force, specifically supporting the Cyber Disruption Center’s mission to combat cyber-enabled financial crimes such as ransomware, fraud, and sextortion through real-time monitoring and disruption of illicit cryptocurrency flows. The contract was awarded under FAR 6.102(d)(1) based on the determination that TRM Labs is the only source capable of meeting the agency’s unique and mission-critical requirements, following market research that identified eight potential vendors none of which could fulfill all essential capabilities. The base period of performance runs from July 1, 2026, to June 30, 2027, with additional optional surge capabilities and mission priorities extendable up to the same end date under a not-to-exceed funding structure. Performance will be conducted primarily in Fairfax, Virginia, while administrative oversight is managed by the Department of Homeland Security’s Office of Acquisition Management in Irving, Texas. The work is structured around three core mission priorities and optional surge tiers, enabling scalable response to emerging cyber threats in alignment with Executive Order 14390. The award does not include competitively sourced pricing details, inspection criteria, or formal FAR contract clauses; instead, acceptance is based on the contractor’s demonstrated technical uniqueness and ability to deliver integrated platform capabilities. No subcontracting, size status, security clearance, or key personnel specifications are explicitly outlined, and no formal representations or certifications from the offeror are provided in the documentation. Funding is derived from multi-year accounts through the One Big Beautiful Bill mechanism, with invoicing and payment procedures not specified. The contract was issued under solicitation number 70CMSD26C00000005 following a one-page proposal submission window closed on June 11, 2026, and is supported by a redacted sole-source justification filed under FAR Class Deviation 25-11.