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Department of the Treasury Awarded a Contract to FARASON CORPORATION for $30,000,000.00

Signed on

8/22/2017, 12:00 AM

FARASON CORPORATION Government Contract #TMHQ17C0041

FARASON CORPORATION was awarded a contract with the United States Government for $30,000,000.00. 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 Farason Corporation, a small, U.S.-owned business based in Coatesville, Pennsylvania. The contract is for providing robotic packaging machinery to the United States Mint, funded by the Department of the Treasury. The contract is worth a total of $30,000,000. The contract was signed on August 22, 2017, and the recipient specializes in industrial assembly machines. Notable transaction details or spending patterns are not listed in the provided context.

Contract Details

Contract IDTMHQ17C0041
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$30,000,000.00
Date Signed2017-08-22
Contract DescriptionCONTRACTOR WILL PROVIDE ROBOTIC PACKAGING MACHINERY TO THE UNITED STATES MINT VIA ISSUANCE OF INDIVIDUAL TASK ORDERS.
Start Date2017-08-28
End Date2025-08-27

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

RecipientFARASON CORPORATION
Recipient Location735 FOX CHASE STE 110 COATESVILLE PENNSYLVANIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

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