Loren Data's SAM Daily™

fbodaily.com
Home Today's SAM Search Archives Numbered Notes CBD Archives Subscribe
SAMDAILY.US - ISSUE OF SEPTEMBER 28, 2024 SAM #8341
SOURCES SOUGHT

R -- INTEREST PROGRAM REQUIREMENT

Notice Date
9/26/2024 1:11:13 PM
 
Notice Type
Sources Sought
 
NAICS
541990 — All Other Professional, Scientific, and Technical Services
 
Contracting Office
NATIONAL OFFICE - PROCUREMENT OITA NEW CARROLLTON MD 20706 USA
 
ZIP Code
20706
 
Solicitation Number
24-71-APMO-OITA
 
Response Due
10/9/2024 2:00:00 PM
 
Archive Date
10/24/2024
 
Point of Contact
Stacey Dressler, Adrienne Spruill
 
E-Mail Address
Stacey.L.Dressler@irs.gov, adrienne.m.spruill@irs.gov
(Stacey.L.Dressler@irs.gov, adrienne.m.spruill@irs.gov)
 
Description
This Sources Sought is issued solely for information and planning purposes only and shall not be construed as either a solicitation or the obligation on the part of Government. This is NOT a solicitation for proposals, proposal abstracts or quotations. This notice is for market research purposes only. � No reimbursement will be made for any costs associated with providing information in response to this announcement or any follow-up information requests. Respondents will NOT be notified of the results of the analysis. All data received in response to this Sources Sought synopsis that is marked or designated as corporate or proprietary information will be fully protected from release outside the Government. The Government shall not be liable for or suffer any consequential damages for any proprietary information not properly identified. Proprietary information will be safeguarded in accordance with all applicable Government regulations. All documentation shall become the property of the Government and will not be returned. BACKGROUND: � The Department of Treasury, Internal Revenue Service (IRS), Office of Servicewide Interest (OSI), supports all IRS functions performing Net Rate Netting (NRN) manual interest computation work, which includes verifying and re-computing NRN requests submitted by taxpayers. IRS government employees currently perform complex interest computations for NRN requests filed by taxpayers. Computations may include standard/frequent calculations to verify amounts requested on Form 843 requests for netting. To properly complete computations, it requires knowledge of all interest law, legislation impacting interest, as well as knowledge of IRS transactions, ability to read IRS transcripts, and understand how posted transactions can impact the netting computation. This requires an in-depth knowledge of procedures for claiming a refund of overpaid underpayment interest or requesting the allowance of additional overpayment interest. Recent attrition and the complexity of these cases requires Contractor support and assistance with these computations. The goal is for a streamlined process where the NRN requests can be reviewed, verified, and a determination made within 60-90 days. The IRS is seeking to obtain Contractor support and assistance for sensitive taxpayer information to provide NRN computations, Internal Revenue Code (IRC) 6621(d) application, compute and verify NRN computations using the current interest computation brand name Automated Computational Tool (ACT)/Decision Modeling Inc. (DMI) software (or equivalent). The computations included in the taxpayer�s netting request shall be verified using an internal interest computation software. This support would provide the Government with computations to verify NRN submissions received on behalf of taxpayers and amounts claimed on Forms 843. These cases must be reviewed for timeliness and completeness, considering all factors including statute of limitation periods under IRC 6501 and IRC 6511, which will be used to determine if the NRN requests should be allowed in full, adjusted or denied.
 
Web Link
SAM.gov Permalink
(https://sam.gov/opp/b95be48b2df0466e93e6841d001b0919/view)
 
Place of Performance
Address: Lanham, MD 20706, USA
Zip Code: 20706
Country: USA
 
Record
SN07226724-F 20240928/240926230122 (samdaily.us)
 
Source
SAM.gov Link to This Notice
(may not be valid after Archive Date)

FSG Index  |  This Issue's Index  |  Today's SAM Daily Index Page |
ECGrid: EDI VAN Interconnect ECGridOS: EDI Web Services Interconnect API Government Data Publications CBDDisk Subscribers
 Privacy Policy  Jenny in Wanderland!  © 1994-2024, Loren Data Corp.