This Sources Sought opportunity from Department Of The Treasury was posted on September 26, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
INTEREST PROGRAM REQUIREMENT
Contract Overview
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The Department of Treasury's IRS Office of Servicewide Interest is conducting a market research effort to identify potential contractors capable of supporting complex net rate netting (NRN) interest computations for taxpayer requests. This effort is not a solicitation for proposals but aims to gather information on available capabilities to assist IRS staff, who currently perform intricate interest calculations involving legislation, IRS transaction analysis, and transcript interpretation. The goal is to streamline the review process for NRN requests, including those submitted via Form 843, ensuring timely and accurate determinations within 60 to 90 days, while safeguarding sensitive taxpayer information throughout the process. The IRS seeks contractor support to verify and compute NRN requests using existing interest computation software, such as the Automated Computational Tool (ACT) or equivalent, and to assess cases for compliance with relevant statutes of limitations under IRC sections 6501 and 6511. The support will include verifying calculations, applying the Internal Revenue Code, and determining whether requests should be approved, adjusted, or denied based on the completeness and timeliness of submissions. Interested parties are invited to respond by October 9, 2024, to provide information about their capabilities, with all responses protected and becoming the property of the Government.
General Info
Place of Performance
Lanham, MD, 20706, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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