Accenture Secures Position On $2.6B Ceiling Value IRS Blanket Purchase Agreement
Portfolio Pulse from Akanksha Bakshi
Accenture Federal Services, a subsidiary of Accenture Plc (NYSE:ACN), has been awarded a position on the IRS systems modernization blanket purchase agreement with a ceiling value of $2.6 billion. The agreement has a performance period of seven years, and Accenture will compete for future task orders to assist the IRS Applications Development Office.
May 24, 2023 | 3:18 pm
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Accenture's subsidiary, Accenture Federal Services, has been awarded a position on the IRS systems modernization agreement worth $2.6 billion, potentially leading to increased revenues.
Accenture's subsidiary being awarded a position on the IRS systems modernization agreement directly impacts the company as it opens up opportunities for future task orders. This could lead to increased revenues for Accenture, positively affecting its stock price in the short term.
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