AFD: cryptocurrency managed services - class 1 base year POP july 1, 2024 to june 30, 32025
Ended Awarded Last action
- Contract number
- 15M50024FA4400016
- Awardee
-
Coinbase Inc. UEI CCKXXH3LHEE9
- Awarding agency
-
US Marshals Service Asset Forfeiture Contracts Team
US Marshals Service, Department of Justice
- Obligated
- $6,978,347
Award facts
- Contract value 100% obligated
- $6,978,346.66 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 523160 Commodity Contracts Intermediation
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- New York, NY 10001, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $6,978,347 |
About this award
The U.S. Marshals Service Asset Forfeiture Contracts Team awarded Coinbase Inc. a $6,978,346.66 firm fixed-price delivery order contract for cryptocurrency managed services. This order is part of a larger $32,522,694.16 Indefinite Delivery/Indefinite Quantity (IDIQ) contract awarded to Coinbase that covers "Class 1" cryptocurrency managed services to support the government's needs to professionally manage, store, and liquidate cryptocurrency assets seized through forfeiture programs. The initial delivery order runs from July 1, 2024, to June 30, 2029, and will provide comprehensive cryptocurrency analysis tools and services to support broader government law enforcement and regulatory objectives. This award was not set aside and was made directly to Coinbase Inc., a prominent cryptocurrency exchange and blockchain technology company with significant federal contracting experience.
Quick answers
Who was awarded contract 15M50024FA4400016?
15M50024FA4400016 was awarded to Coinbase Inc. by US Marshals Service Asset Forfeiture Contracts Team (US Marshals Service) on July 1, 2024.
How much is contract 15M50024FA4400016 worth?
The government has obligated $6,978,347 on 15M50024FA4400016.
Is contract 15M50024FA4400016 an order under another contract?
Yes. 15M50024FA4400016 is a delivery order under 15M50024DA4400010, an indefinite delivery contract.
Was contract 15M50024FA4400016 competed?
The extent of competition for 15M50024FA4400016 was full and open competition.
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