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Department of the Treasury Awarded a Contract to LORENZON CONSTRUCTION, INC. for $22,000,000.00

Signed on

9/19/2023, 12:00 AM

LORENZON CONSTRUCTION, INC. Government Contract #2031JG23D00021

LORENZON CONSTRUCTION, INC. was awarded a contract with the United States Government for $22,000,000.00. The contract was awarded by the agency office US MINT HEADQUARTERS, which is a division with the United States Mint within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is Lorenzon Construction, Inc., a U.S.-Owned Business based in Wyndmoor, Pennsylvania. The contract, funded by the Department of the Treasury's United States Mint, is for the renovation project at the Philadelphia Mint with a total value of $22,000,000. Notable spending includes a total account outlay of $1,679,707.95 towards the project.

Contract Details

Contract ID2031JG23D00021
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$22,000,000.00
Date Signed2023-09-19
Contract DescriptionCONTRACT 2031JG23D00021-UNITED STATES MINT-PHILADELPHIA RENOVATION PROJECT-(IDIQ) THE MAXIMUM POTENTIAL VALUE OF THIS CONTRACT IF ALL OPTIONS ARE EXERCISED IS $22,000,000.00.
Start Date2023-09-15
End Date2025-09-14

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyUnited States Mint
Awarding OfficeUS MINT HEADQUARTERS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyUnited States Mint
Funding OfficeUS MINT HEADQUARTERS

Recipient Details

RecipientLORENZON CONSTRUCTION, INC.
Recipient Location1408 E MERMAID LN WYNDMOOR PENNSYLVANIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

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