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Department of Defense Awarded a Contract to KEYSTONE SHIPPING SERVICES, INC. for $625,002.00

Signed on

4/15/2024, 12:00 AM

KEYSTONE SHIPPING SERVICES, INC. Government Contract #6933A224F00104N

KEYSTONE SHIPPING SERVICES, INC. was awarded a contract with the United States Government for $625,002.00. The contract was awarded by the agency office 6933A2 DOT MARITIME ADMINISTRATION, which is a division with the Maritime Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is Keystone Shipping Services, Inc., a U.S.-owned business engaged in deep sea freight transportation. The contract, funded by the Department of Defense through the Department of the Navy, is for the operation of other non-building facilities and is worth $625,002. Notable transactions include a large payment of $1,000,002 and a negative transaction of -$950,000, indicating significant financial activity related to the contract.

Contract Details

Contract ID6933A224F00104N
Contract TypeC
Total Obligation$625,002.00
Exercised Options$625,002.00
Base Amount + Options$625,002.00
Date Signed2024-04-15
Contract DescriptionCAPE RAY FY 24 SLE/RECAP KEY-RAY24-5001A
Start Date2024-04-15
End Date2025-06-30

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyMaritime Administration
Awarding Office6933A2 DOT MARITIME ADMINISTRATION
Funding AgencyDepartment of Defense
Funding Sub AgencyDepartment of the Navy
Funding OfficeCHIEF OF NAVAL OPERATIONS (CNO)

Recipient Details

RecipientKEYSTONE SHIPPING SERVICES, INC.
Recipient Location1 BALA PLAZA E STE 600 BALA CYNWYD PENNSYLVANIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00008 | $-2,779.95July 17, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $-2,779.95 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $0.00April 30, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $0.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $0.00January 24, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $0.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $0.00September 30, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $0.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $-950,000.00September 24, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $-950,000.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $1,000,002.00August 29, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $1,000,002.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $400,000.00August 13, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $400,000.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00August 6, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $0.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $175,000.00April 15, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $175,000.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.