How to Find & Win Department of the Treasury (Treasury) Contracts
Quick Answer
To win contracts with the Department of the Treasury (Treasury), you must register in SAM.gov, meet CMMC cybersecurity standards (where applicable), identify opportunities via SAM.gov or agency forecasts, and submit a compliant proposal. Aligning with an expert bidding partner can significantly increase your win rate.
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
- ✓ 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
- ✓ 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
- ✓ 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:
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.
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