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New awards
36,952
Obligated
$77.9B
Median award
$248,368
Median offers
2
  • Agencies signed about 3,448 new awards a year from FY2016 to FY2025, 2,646 of them in FY2025 (down 29% from FY2016).
  • The median award was $248,368; 4,777 different companies won at least one award.
  • 41% of awards that report a set-aside were set aside for small businesses or a socioeconomic program, most often small business set-asides.
  • 1,756 of these awards reach their potential end date (all options exercised) in the next 12 months, so most of that work comes up for re-bid.

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Awards per fiscal year

New Department of the Treasury awards of $25,000 or more by the fiscal year they were signed (October to September), with the amount obligated on them to date.

New Department of the Treasury awards per fiscal year
Fiscal yearAwardsObligated
FY2016
3,718
$6.5B
FY2017
3,509
$5.4B
FY2018
2,935
$4.8B
FY2019
3,082
$4.8B
FY2020
3,549
$7.3B
FY2021
3,934
$11.6B
FY2022
3,926
$9.1B
FY2023
3,865
$9.4B
FY2024
3,319
$7.7B
FY2025
2,646
$6.5B
FY2026*
2,469
$4.8B

* FY2026 is still filling in: the Department of Defense reports its awards 90 days late. Full years run to FY2025.

How competitive are these contracts?

74% of awards were competed. Competed awards drew a median of 2 offers, against 3 offers across all federal contracts; 32% got a single offer.

Competed awards by number of offers received
Offers receivedCompeted awards
1 (single offer)
6,108 (32%)
2
4,632 (24%)
3-4
4,707 (24%)
5-9
2,761 (14%)
10+
1,067 (6%)

19,275 competed awards with an offer count. Not competed: 9,652 awards (sole source, follow-on or not available for competition).

Set-asides

41% of the 18,723 awards that report a set-aside were reserved for small businesses or a socioeconomic program.

Awards by set-aside type
Set-asideAwards
No set-aside
11,107 (59%)
Small business
4,734 (25%)
8(a)
1,813 (10%)
HUBZone
415 (2%)
Service-disabled veteran-owned (SDVOSB)
407 (2%)
Women-owned (WOSB and EDWOSB)
245 (1%)
Indian Economic Enterprises (ISBEE)
2 (0%)

Orders placed under an existing contract vehicle often leave the set-aside blank (it is recorded on the vehicle), so they are left out here.

How big are the awards?

The median award was $248,368. 32% were under $100,000, the range where agencies often use simplified acquisition.

Awards by amount obligated
Amount obligatedAwards
Under $100K
11,928 (32%)
$100K-$1M
13,508 (37%)
$1M-$10M
10,040 (27%)
$10M+
1,476 (4%)

Which parts of it buy?

The components (sub-agencies) that sign the awards.

Where is the work done?

Awards by place of performance.

Where is the work done?
AwardsObligated
District of Columbia
6,806
$9.9B
Virginia
5,049
$12.5B
Maryland
3,750
$10.8B
California
2,802
$5.1B
Massachusetts
2,093
$8.5B
Pennsylvania
1,331
$446M
Texas
1,198
$2B
New York
1,088
$1.6B

Largest awards

The five awards with the most obligated, as described by the contracting office. Each links to its record on USAspending.gov.

  1. Cade 2 ltis3 covid-19Internal Revenue Service, FY2021$384M
  2. Establish a broad networking and telecommunications service environment to meet its network services (wide...Internal Revenue Service, FY2021$372M
  3. Salesforce sewp catalog nng15sd29bDepartmental Offices, FY2025$352M
  4. The internal revenue service (irs), office of information technology office, issues this order under gsa...Internal Revenue Service, FY2020$305M
  5. Managed infrastructure data service (mids) covid-19Internal Revenue Service, FY2021$294M

Coming up for re-bid

1,756 of these awards reach their potential end date (every option exercised) in the 12 months after November 5, 2026. Agencies usually post the follow-on solicitation, or a sources-sought notice, months before that.

Falkview US watches SAM.gov for the follow-on notices under your NAICS codes, checks set-aside eligibility against your UEI, and drafts the response for your team to review. For janitorial, landscaping and facilities support, the recompete calendar lists the individual contracts.

See how Falkview handles a re-bid

Questions

How many bids do Department of the Treasury contracts get?

Competed awards drew a median of 2 offers (FY2016-FY2026, 19,275 awards with an offer count). 32% got a single offer and 20% got five or more. Across all federal contracts the median is 3 offers.

What does the Department of the Treasury buy most?

By number of new awards in FY2016-FY2026: NAICS 541519 Other Computer Related Services (8,091), NAICS 331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding (2,658), NAICS 331410 Nonferrous Metal (except Aluminum) Smelting and Refining (2,293), NAICS 541611 Administrative Management and General Management Consulting Services (1,378).

How many Department of the Treasury contracts are set aside for small business?

41% of the awards that report a set-aside were reserved for small businesses or a socioeconomic program: small business set-asides 25%, 8(a) 10%, HUBZone 2%. Orders under existing contract vehicles often leave the field blank, so those are not counted.

Where the numbers come from

Every new federal contract award of $25,000 or more signed from October 1, 2015 to September 30, 2026 (FY2016 to FY2026), as reported to USAspending.gov from the Federal Procurement Data System: definitive contracts, purchase orders, delivery orders and BPA calls. Amounts are what has been obligated on each award to date, options and modifications included. Place is the place of performance.

Offer counts are FPDS's “number of offers received” on competed awards. Award recipients are counted but not named here. Pages with fewer than 150 awards (500 for one code in one state) are left out of search engines, because a handful of awards can swing the numbers.

Compiled by Falkview US from public data, updated November 5, 2026. Free to reuse under CC BY 4.0 with a link to the page.

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