Treasury to support day-to-day business with $625M contract awarded to 12 vendors

The department is creating a federal marketplace for shared financial management services that needs.
Treasury Department
(Getty Images)

The Treasury Department will contract support for the day-to-day business of the Bureau of the Fiscal Service using a $625 million blanket purchase agreement (BPA) it’s awarded to 12 vendors.

Systems development, data analytics and project management are all covered by the OneARC Strategic Support Services (OSSS) contract benefitting BFS.

The Fiscal Service leads the Treasury Department’s efforts to partner with agencies and slowly share information technology and services.

“The work we and our peers will do under the OneARC Strategic Support Services contract will ensure the bureau reaches as many customers as possible, with the very best technologies, processes and customer service available,” said David Cassidy, vice president of TCG, one of the 12 vendors awarded spots on the BPA on July 30.


TCG is one of six small business awardees along with Creoal Consulting, eMentum, i360technologies, PotomacWave Consulting, and TeraThink. The other awardees are Accenture Federal Services, Booz Allen Hamilton, CGI Federal, Deloitte, Grant Thornton, and Guidehouse.

As a center of excellence for financial management, the bureau shares those services with agencies, as well as IT, human resources and portfolio management. The OSSS contract will also support those efforts throughout its lifespan, which ends July 29, 2025.

Correction: Aug. 11, 2020. An original version of this story incorrectly stated the contract would support the Treasury Department’s effort to create a federal marketplace for shared financial management services. The contract has nothing to do with the quality services management office (QSMO) initiative.

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