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Department of Defense Awarded a Contract to KEYSTONE SHIPPING SERVICES, INC. for $1,173,957.00

Signed on

5/23/2024, 12:00 AM

KEYSTONE SHIPPING SERVICES, INC. Government Contract #6933A224F00117N

KEYSTONE SHIPPING SERVICES, INC. was awarded a contract with the United States Government for $1,173,957.00. 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 specializing in deep sea freight transportation. The contract, funded by the Department of Defense through the Department of the Navy, is for repair work related to the CAPE RAY FY 24 project, with a total value of $1,173,957. Notable transactions include an initial payment of $1,173,957 to Keystone Shipping Services, Inc., and subsequent modifications resulting in a transaction amount reduction of $90,242.57.

Contract Details

Contract ID6933A224F00117N
Contract TypeC
Total Obligation$1,173,957.00
Exercised Options$1,173,957.00
Base Amount + Options$1,173,957.00
Date Signed2024-05-23
Contract DescriptionCAPE RAY FY 24 REPAIRS B KEY-RAY24-1005B
Start Date2024-05-23
End Date2025-01-26

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 #P00003 | $-90,242.57July 17, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $-90,242.57 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 #P00002 | $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 #P00001 | $0.00July 29, 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 | $1,173,957.00May 23, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $1,173,957.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00October 27, 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 #P00003 | $-90,242.57July 17, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $-90,242.57 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 #P00002 | $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 #P00001 | $0.00July 29, 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 | $1,173,957.00May 23, 2024

Department of the Navy, a sub agency of Department of Defense, issued a payment of $1,173,957.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.