u/Snoo-51735 wrote (the comment Michael replied to):
What is the " $118M IRS BP"?
u/michaelnovati replied · ★ FEATURED
A BPA is a "blanket purchase agreement", which means the IRS budgeted/allocated $118M to a large umbrella of AI training/upskilling/hiring.
There are 5 companies that received this BPA.
When the IRS has a specific task/contract within this budget, e.g. "a 10 week AI bootcamp for 20 level 31 engineers" then they create a task with a price and the 5 companies can compete/propose solutions and one is chosen for that task.