Department of the Treasury Contracts in New Jersey
Federal contracts by Department of the Treasury performed in New Jersey (NJ)
Agency State Spending Overview
The Department of the Treasury has obligated $30,630,001 in federal contract spending performed in New Jersey across 9 contract awards. Of these awards, 100% were competitively bid, meaning multiple companies submitted proposals for the work. Small businesses account for 0% of the agency's contract awards in the state. The top contractor receiving Department of the Treasury dollars in New Jersey is Metropolitan Life Insurance CO with $16.2M. This spending represents a significant portion of the federal government's economic activity in New Jersey and supports jobs across multiple industry sectors.
Overview
Total Spending: $30,630,001
Contract Count: 9
Average Contract Size: $3.4M
Competition Rate: 100%
Small Business Rate: 0%
Top Contractors
Companies receiving the most Department of the Treasury contract dollars in New Jersey, ranked by total obligated value.
- Metropolitan Life Insurance CO — $16.2M (2 contracts)
- Solstice Advanced Materials US, Inc. — $9.7M (2 contracts)
- Insurance Services Office, Inc. — $2.9M (1 contracts)
- Cellco Partnership — $1.7M (2 contracts)
- 100 Hamilton Inc. — $90.6K (1 contracts)
- Capital Reporting Company, LLC — $66.7K (1 contracts)
Spending by Sector
How Department of the Treasury's contract spending in New Jersey is distributed across industry sectors.
- Other: $24.8M (6 contracts)
- R&D: $4.2M (1 contracts)
- IT: $1.7M (2 contracts)
Contracts
- GROUP LIFE INSURANCE SERVICES — $11.3M
- LICENSE AGREEMENT — $5.5M
- SERVICES TO UNDERWRITE AND ADMINISTER GROUP LIFE INSURANCE FOR OCC'S ACTIVE AND RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS, AS WELL AS THE ACTIVE EMPLOYEES AND ELIGIBLE DEPENDENTS OF THE OFR. — $4.9M
- FPLOE R&D SERVICES CONTRACT — $4.2M
- TERRORIST RISK INSURANCE PROGRAM CLAIMS SYSTEM — $2.9M
- VERIZON WIRELESS SERVICES — $1.6M
- WIRELESS MOBILITY SERVICES — $129.6K
- TEN LEASED PARKING SPACES FOR THE INTERNAL REVENUE SERVICE CRIMINAL INVESTIGATION NEWARK FIELD OFFICE AT 100 HAMILTON PLAZA IN PATTERSON, NEW JERSEY. — $90.6K
- COURT REPORTER SERVICES — $66.7K
Frequently Asked Questions
How much does Department of the Treasury spend on contracts in New Jersey?
Department of the Treasury has $30.6M in federal contracts performed in New Jersey across 9 awards.
What is the competition rate for Department of the Treasury contracts in New Jersey?
100% of Department of the Treasury's contracts in New Jersey were competitively awarded.
Which contractors win the most Department of the Treasury work in New Jersey?
The top contractors include Metropolitan Life Insurance CO, Solstice Advanced Materials US, Inc., Insurance Services Office, Inc..
What industries receive Department of the Treasury contract dollars in New Jersey?
Department of the Treasury's spending spans Other, R&D, IT.