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Department of the Treasury Awarded a Contract to ARNOLD & PORTER KAYE SCHOLER LLP for $999,850.00

Signed on

2/18/2025, 12:00 AM

ARNOLD & PORTER KAYE SCHOLER LLP Government Contract #2032H325F00040

ARNOLD & PORTER KAYE SCHOLER LLP was awarded a contract with the United States Government for $999,850.00. The contract was awarded by the agency office TREASURY OPERATIONS, which is a division with the Departmental Offices within the Department of the Treasury.

Summary of Award

The recipient is Arnold & Porter Kaye Scholer LLP, providing legal services related to Treasury's negotiation on sharing economic value from mineral resources. The contract, funded by the Department of the Treasury, is worth $499,925. Notable transactions include an initial payment of $499,925 on 2025-02-18 and subsequent outlays totaling $180,439.2.

Contract Details

Contract ID2032H325F00040
Contract TypeA
Total Obligation$499,925.00
Exercised Options$499,925.00
Base Amount + Options$999,850.00
Date Signed2025-02-18
Contract DescriptionLEGAL SERVICES IN CONNECTION WITH TREASURYS NEGOTIATION OF AN AGREEMENT TO SHARE IN THE ECONOMIC VALUE ASSOCIATED WITH MINERAL RESOURCES. ADVISING ON COMPLEX TRANSACTIONS INVOLVING NATURAL RESOURCES, MINING LAW AND ENERGY LAW.
Start Date2025-02-19
End Date2025-05-31

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyDepartmental Offices
Awarding OfficeTREASURY OPERATIONS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyDepartmental Offices
Funding OfficeGENERAL COUNSEL

Recipient Details

RecipientARNOLD & PORTER KAYE SCHOLER LLP
Recipient Location601 MASSACHUSETTS AVE NW WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES
Business CategoriesCategory Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001$0.00May 31, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $0.00 to ARNOLD & PORTER KAYE SCHOLER LLP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$499,925.00February 18, 2025

Departmental Offices, a sub agency of Department of the Treasury, issued a payment of $499,925.00 to ARNOLD & PORTER KAYE SCHOLER LLP. The payment included a Subsidy Cost of $0.00.