SAM #5000230947

IRS Solicitation for Synthetic Business Identification and Fraud Mitigation Services

This opportunity from the Internal Revenue Service (IRS) seeks contractor support for identifying synthetic businesses and mitigating related fraud. - Government Buyer: - Internal Revenue Service (IRS), Taxpayer Focused Support Division, Taxpayer Services Branch, Procurement Operations - Contact: Louis C. Brown III - Scope of Services: - Provision of datasets, verification, fraud scoring, and analytics to identify synthetic businesses - Annual processing of up to 500,000 entities, with surge capacity for an additional 500,000 entities over the contract period - Annual security assessments and compliance with IRS security and privacy controls - Integration with IRS cybersecurity requirements - Products/Services Requested: - Research Product for 500,000 estimated entity searches per year (base period plus four option years) - Surge Research Product for up to an additional 500,000 entity searches over five years - Notable Requirements: - Total small business set-aside under NAICS code 561450 (size standard $41M) - Firm fixed price contract structure - Security and privacy compliance is mandatory - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Estimated Contract Value: - Based on scope and industry standards, likely range is $5,000,000 to $20,000,000 over five years - Potential Competitors: - Companies specializing in fraud detection, business verification, and data analytics (e.g., LexisNexis, Dun & Bradstreet, Experian, Equifax) - Competing Products: - Business verification and fraud detection platforms such as LexisNexis Risk Solutions, Dun & Bradstreet D&B Direct, Experian Business Verification, Equifax Business Fraud Detection

Description

The Internal Revenue Service (IRS) is seeking support services that consist of the provision of datasets and the performance of verification, fraud scoring, analysis of potential synthetic businesses and the identification of fraud associated with such businesses for up to 500,000 entities annually.

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