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The BuildoutBeta

$110,364,715

Department of the Treasury·Internal Revenue Service

to INTERNATIONAL BUSINESS MACHINES CORPORATION

financeexpired
ACTION DATE2026-04-02·SOURCEUSASPENDING·SOURCE IDCONT_AWD_2032H520F00469_2050_47QTCK18D0014_4732
Award description

MODERNIZE EFILE: 3/24/2025-TERMINATION FOR CONVENIENCE OF THE GOVERNMENT IN ACCORDANCE WITH EXECUTIVE ORDERS

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Termination payment for IBM's e-file modernization contract with the IRS.

Sub-sectors
irs-modernizationit-infrastructurecontract-termination
Why this matters

IRS modernization is critical for tax administration efficiency and revenue collection; termination signals potential strategy shift or performance issues.

Supply-chain signal

IBM loses a major government IT contract; IRS may seek alternative vendors or in-house solutions for e-file systems.

Generated by award_classification v2.0.0 via claude-haiku-4-5-20251001 on 2026-05-15. Cost: $0.002030.

Period of performance
Start
2020-09-01
End
2024-06-29
Status
expired686 days ago
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.