Department of Defense Awarded a Contract to KEYSTONE SHIPPING SERVICES, INC. for $1,062,057.24

Q: Where is KEYSTONE SHIPPING SERVICES, INC. located?

1 BALA PLAZA E STE 600 BALA CYNWYD PENNSYLVANIA UNITED STATES

Signed on

6/27/2023, 12:00 AM

KEYSTONE SHIPPING SERVICES, INC. Government Contract #69727623F00084N

KEYSTONE SHIPPING SERVICES, INC. was awarded a contract with the United States Government for $1,062,057.24. The contract was awarded by the agency office 697276 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, worth $1.2 million, was funded by the Department of Defense, with the Department of Transportation's Maritime Administration as the awarding agency. Notable transactions include an obligation of $1.2 million on the contract start date, a subsequent transaction amount of -$137,942.76, and a later transaction of $0.

Contract Details

Contract ID69727623F00084N

Contract TypeC

Total Obligation$1,062,057.24

Exercised Options$1,062,057.24

Base Amount + Options$1,062,057.24

Date Signed2023-06-27

Contract DescriptionKEY-KNX23-1006B - FY23 M&R DRYDOCK B - PROJECT MANAGEMENT-$1.2M

Start Date2023-06-27

End Date2024-06-30

Agency Details

Awarding AgencyDepartment of Transportation

Awarding Sub AgencyMaritime Administration

Awarding Office697276 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 #P00002 | $-137,942.76April 8, 2025

Department of the Navy, a sub agency of Department of Defense, issued a payment of $-137,942.76 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 | $0.00September 7, 2023

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 | $1,200,000.00June 27, 2023

Department of the Navy, a sub agency of Department of Defense, issued a payment of $1,200,000.00 to KEYSTONE SHIPPING SERVICES, INC.. The payment included a Subsidy Cost of $0.00.