Digital Assets Basis Computation Services

Florida

04/15/2025 08:46 AM EDT

04/22/2025 05:00 PM EDT

TREASURY, DEPARTMENT OF THE - INTERNAL REVENUE SERVICE - TAXPAYER FOCUSED SUPPORT

SOURCES SOUGHT NOTICE

This is a Sources Sought Notice (SSN) ONLY.  The Internal Revenue Service (IRS) Chief Tax Compliance Officer, Office of Digital Asset Initiative (ODAI) has a requirement to obtain Digital Asset Basis Computation Support and is conducting market research to determine the availability of capable vendors that can perform these services. 

Interested vendors are requested to respond no later than 5:00PM (Eastern Standard Time), April 22, 2025 to Tracie Griner, Tracie.D.Griner2@irs.gov and Darnesha.L.Kennedy@irs.gov. Only electronic submissions will be accepted. 

The Government will use respondent information, in part, to determine whether a small business set-aside is appropriate for this acquisition. We encourage all small business concerns in all socioeconomic categories to identify their capabilities in meeting the requirement outlined in the attached draft PERFORMANCE WORK STATEMENT (PWS).

No proprietary, classified, confidential, or sensitive information should be included in responses to this Notice, unless otherwise appropriately marked by the Respondent. The Government reserves the right to use any non-proprietary technical information received in response to this Notice in any resultant solicitation(s).

The NAICS code assigned to this acquisition is 541219 Other accounting services, with a corresponding size standard of $25.0M. 

Interested business concerns should provide a brief capabilities statement package (submissions are limited to no more than 10 pages in length, single spaced, and 12 font minimum) demonstrating its capabilities in reference to this requirement.  A generic capability statement is not acceptable. The Government prefers that your firm submits its response in Microsoft Word, Adobe Acrobat, or a combination of both and the document must be searchable.  The capability package shall be sent by email to the following: Tracie.D.Griner2@irs.gov and

Your email subject line should reflect: Sources Sought Response for Digital Asset Basis Computation Support   

In response to this source sought, please provide:

Part I: COMPANY PROFILE

1. Company Name and Address
2. Company technical Point of Contact (POC) information to include name, title, telephone number, and email address.
3. Applicable NAICS (North American Industry Classification System) Code 
4. List active governmentwide contracts related to the services required in the draft PWS that your company has been awarded (GWACs, IDIQs, and BPAs – include applicable SIN)
5. Business Classification / Socio-Economic Status (e.g., large, small, 8(a), women owned, hub-zone, SDB, Service-Disabled Veteran Owned)
6. Subcontracting/partnering/teaming possibilities

PART II:  CAPABILITY

1. How do you compute Gross Proceeds, Income and Basis for digital asset transactions? For example, would this include leveraging of Application Programming Interface (API) data to accurately value digital asset transactions? Please identify/demonstrate.
2. Since digital assets evolve at a very rapid pace, what is your process for identifying, assessing, and integrating new practices, technology and other business and technical advances in the digital asset area? 
3. Please identify/demonstrate how the software product you will be utilizing to provide IRS complex DA computations/calculations is updated to reflect the rapidly evolving ecosystem mentioned above?
4. Provide a description/demonstrate the method and sources you would use to price digital asset transactions in Fiat currency values.
5. Identify/demonstrate your process for computing income, gross proceeds and basis for records that contain significant transaction volumes and have a variety of wallets, accounts, transactions, and assets?
6. Identify/demonstrate your process for computing income, gross proceeds and basis on complex DeFi transactions the contain for example, liquidity pools, bridges and token swaps?
7. Identify/demonstrate your process for computing income, gross proceeds and basis on complex exchange transactions?
8. Identify/demonstrate the report outputs and financial statements generated after computing income, gross proceeds and basis for digital asset transactions?
9. Provide detailed explanations and examples of how you track various DeFi transactions within your platform?
10. Provide summary background on any existing innovative solutions you have deployed in government or industry addressing this or a similar type of requirement?
11. What are the average years of experience of the team members your company would assign to this potential contract, and how many team members do you anticipate assigning to this contract to directly support IRS?

DISCLAIMER: This notice is issued solely for information and planning purposes – it does not constitute a Request for Quotation (RFQ), Invitation for Bid (IFB), or Request for Proposal (RFP) or a promise to issue an RFQ, IFB or RFP in the future.  This notice does not commit the U.S. Government to contract for any supply or service.  Further, the U.S. Government is not seeking quotes, bids or proposals at this time and will not accept unsolicited proposals in response to this sources sought notice.  The U.S. Government will not pay for any information or administrative costs incurred in response to this notice. Submittals will not be returned to the responder.  Not responding to this notice does not preclude participation in any future RFQ, IFB, or RFP, if any is issued.  If a solicitation is released, it will be synopsized on the Government wide Point of Entry (GPE).  It is the responsibility of potential offerors to monitor the GPE for additional information pertaining to this requirement.  The GPE is located at sam.gov.