Department of Defense Awarded a Contract to KEYSTONE SHIPPING SERVICES, INC. for $14,714,527.43

Summary of Award

Keystone Shipping Services, Inc. has been awarded a contract for ship management services under the Bridge Contract Cape Kennedy and Cape Knox. The contract falls under the category of Indefinite Delivery / Indefinite Quantity (IDV) with a total obligation of $14,714,527.43. The contract was signed on July 26, 2024, and is set to expire on July 26, 2025.

The contract was awarded by the Department of Transportation, specifically the Maritime Administration, with funding provided by the Department of Defense, specifically the Department of the Navy. The contract involves the operation of other non-building facilities, specifically deep sea freight transportation.

Keystone Shipping Services, Inc. is a U.S.-owned business based in Bala Cynwyd, Pennsylvania. They offer services related to the operation of government-owned facilities, specifically non-building facilities. The company has been awarded multiple modifications to the contract, with the latest modification (Mod P00004) being issued on April 1, 2025. The contract has seen several transactions, with the most recent one occurring on April 1, 2025. All transactions have a transaction amount of $0, indicating that no funds have been disbursed as of yet. The contract has a total of four modifications, with the first modification (Mod P00001) being issued on November 15, 2024, and the latest modification (Mod P00004) being issued on April 1, 2025. Overall, Keystone Shipping Services, Inc. has been awarded a significant contract for ship management services, with a focus on deep sea freight transportation. The contract is set to expire in July 2025, and the company has been diligent in fulfilling the requirements of the contract through various modifications.