FIRM FIXED PRICE

KEYSTONE SHIPPING SERVICES, INC. - CAPE RACE FY 24 DRYDOCK KEY-RAC24-1006A

PIID: 6933A224F00097N
Signed Date: Oct 28, 2025Effective Date: Apr 1, 2024End Date: Closed on Jun 30, 2025
Award $
$19.7M
Vendor
KEYSTONE SHIPPING SERVICES, INC.
NAICS
483111
Signed Date
Oct 28, 2025

Key Details

Dollars Obligated
$19.7M
Base & All Options
$-1,211.93
Awarding Sub-Agency
Maritime Administration
Product Service Code
M1PZ - OPERATION OF OTHER NON-BUILDING FACILITIES
Extent Competed
FULL AND OPEN COMPETITION
Place of Performance
PORTSMOUTH, VA, 237071819, CD-VA-03

Description

CAPE RACE FY 24 DRYDOCK KEY-RAC24-1006A

Context & Analysis

On Oct 28, 2025, Department of Transportation obligated $19,669,343.1 to KEYSTONE SHIPPING SERVICES, INC. for cape race fy 24 drydock key-rac24-1006a. The award is classified under NAICS 483111 — DEEP SEA FREIGHT TRANSPORTATION and issued as a firm fixed price contract. Competition extent: full and open competition. Performance is located in PORTSMOUTH, VA. This award is one of several similar procurements from Department of Transportation under NAICS 483111 — related awards are listed below.

Market context

Recompete outlook
Ended Jun 30, 2025 (16 months ago). Recompete signal as of Oct 20, 2026: 48/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed. 64% of 905 awards in this market (Department of Transportation awards in NAICS 483111 over the last 3 years) were competed; median 9 offers.
Award size
At $19.7M, this award is larger than 19 in 20 of the 868 priced Department of Transportation awards in NAICS 483111 over the last 3 years (median $339K).
Incumbent at this agency
KEYSTONE SHIPPING SERVICES, INC. has 180 other awards from Department of Transportation, totalling $145.1M, 2025–2026.
Largest vendors in this market

By obligations, Department of Transportation awards in NAICS 483111 over the last 3 years.

Computed from USAspending award data on Oct 20, 2026.

Contractor Information

UEI: ZG3BEHB2FRG9
CAGE Code: 1SGM9
Location: BALA CYNWYD, PA

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