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Department of Defense Awarded a Contract to KEYSTONE SHIPPING SERVICES, INC. for $137,142,608.12
Signed on
1/22/2016, 12:00 AM
KEYSTONE SHIPPING SERVICES, INC. Government Contract #DTMA98D16002
KEYSTONE SHIPPING SERVICES, INC. was awarded a contract with the United States Government for $137,142,608.12. The contract was awarded by the agency office 693JF7 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 based in Bala Cynwyd, Pennsylvania. The contract, funded by the Department of Defense via the Department of Transportation, is for ship management services related to the Ready Reserve Force Program, with a total value of $137,142,608.12. Notable contract details include the use of a fixed price with an economic price adjustment and a multi-year contract.