DRT Wins at IRS with Innovative Labor and Wage Data Analysis Solution for Government Procurement

DRT’s original labor and wage transparency solution for all government acquisition professionals emerged as the final winner from a field of 47 technology companies, in a three-phase contract awarded by the Internal Revenue Service (IRS) and the Office of Management and Budget (OMB).

Arlington, VA – September 13, 2021 – DRT Strategies, Inc. (DRT), an award-winning technology innovator and leading digital transformation partner to federal agencies for nearly 20 years, announced today that the Internal Revenue Service (IRS) and Office of Management and Budget (OMB) selected the company as the final winner of the three-phase Labor/Wage Data Mashing contract in support of the government’s “Frictionless Acquisition” priority.

DRT’s winning solution, branded DRT FairPrice+, provides government acquisition professionals instant labor and wage transparency and assessment from more than 98 million rows of data from multiple sources.  DRT FairPrice+ improves the quality of acquisition processes and reduces the acquisition lead time for government agencies, enabling them to confidently determine fair and reasonable rates from vendors.

Key Innovation:  Automated Insights
DRT invented new ways to build up and present labor rates, including “Automated Insights,” which instantly serves up labor wage recommendations when evaluating vendors’ submitted bids.

“Integral to the win and to making DRT the stand-out was our intense focus on the end user, specifically our execution of Human Centered Design,” commented Susan Kidd, CEO at DRT Strategies.

“We interviewed countless contracting officers and federal government procurement professionals, listening to their challenges. We then focused, as Apple does, on building a world-class user experience backed by modern, cloud native, open-source technology.  We are honored that the IRS deemed us the winner and I am proud of our teams that thought hard and worked smart to deliver such an outstanding solution for all government procurement professionals.”

See DRT FairPrice+ in Action
Procurement departments can schedule a demo and see how DRT FairPrice+ can enhance their acquisition experience by contacting Chris Zeiders, Vice President of Technology at DRT, at czeiders@drtstrategies.com.  DRT retains all intellectual property rights to DRT FairPrice+.

 About DRT Strategies
DRT Strategies, Inc. (DRT) is an award-winning technology innovator and leading digital transformation partner to large federal agencies and commercial clients for nearly 20 years.  The company is a ServiceNow™ Premier partner, Amazon Web Services (AWS) Consulting Partner, UiPath Partner, SAFe Bronze Partner, and holds ISO 9001:2015, ISO/IEC 20000-1:2018, and ISO/IEC 27001:2013 certifications and has achieved CMMI-DEV Level 3.  DRT is headquartered in Arlington, Virginia, with offices in Washington, D.C., and Atlanta, Georgia. More information on the company can be found at www.drtstrategies.com.