u/portugese_fruit wrote (the comment Michael replied to):
>>>the cost of them developing the COBOL expertise to teach it at the bar they want might not even break even for them financially.<<< you are right generally. thats based on the return of investment window... year one : nothing, losing $ /pp , year two: break even ... you see
u/michaelnovati replied · ★ FEATURED
The 118m is a total maximum for all partners for all 5 years of the BPA, and historically BPAs pay only a fraction of that.
What this looks like is that the IRS allocated $118M to a big bucket for hiring people and upskilling people over the next 5 years but with zero commitment to how that happens yet.
The IRS has a large contract with Palantir to modernize stuff already that is separate for example and maybe that works better than expected.