AFD: cryptocurrency management & disposal services
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 15M50021DA4400001
- Awardee
-
Bitgo, Inc. UEI R8Y3NXMR5WN3
- Awarding agency
-
US Marshals Service Asset Forfeiture Contracts Team
US Marshals Service, Department of Justice
- Task orders
- 0
Award facts
- Opportunity
-
- Cryptocurrency Services Solicitation · 15M50020QA4400006 · Posted Apr 24, 2020
- Last date to order 100% complete
- IDV ceiling
- $3,824,102.22
- Maximum order
- $1,920,731.58
- Award type
- Single award
- NAICS code
- 523130 Commodity Contracts Dealing
- PSC
- R499 Support- Professional: Other
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 15 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Department of Justice United States Marshals Service awarded a single-award Indefinite Delivery Contract to Bitgo, Inc. to provide cryptocurrency management and disposal services. The contract has a potential value of $3,824,102.22 and a period of performance through April 2026.
Under the contract, Bitgo will provide full-service virtual currency management, including accounting, customer support, audit compliance, private key generation and safekeeping, backup and recovery of private keys, and future actions associated with the forfeiture process. Specifically, the contract aims to support the storage, maintenance, and disposal of seized or forfeited virtual currency as part of the USMS's asset forfeiture program. Services include managing blockchain forks, wallet creation and administration, as well as airdrops and other future actions related to virtual currency forfeiture.
The original solicitation was a 100% small business set-aside posted in April 2020 by the USMS Asset Forfeiture Contracts Team. It sought these cryptocurrency services to facilitate the storage and disposal of seized virtual assets obtained through criminal investigations and prosecutions. The single-award IDV was issued to Bitgo in April 2021 using simplified acquisition procedures outlined in the Federal Acquisition Regulation.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Terminate for Convenience | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 15M50021DA4400001?
15M50021DA4400001 was awarded to Bitgo, Inc. by US Marshals Service Asset Forfeiture Contracts Team (US Marshals Service) on April 21, 2021.
How much is contract 15M50021DA4400001 worth?
15M50021DA4400001's own ceiling is $3,824,102. A single order can be worth up to $1,920,732.
Who can order from contract 15M50021DA4400001?
15M50021DA4400001 is a single award indefinite delivery contract.
Was contract 15M50021DA4400001 competed?
The extent of competition for 15M50021DA4400001 was full and open competition after exclusion of sources. The government received 15 offers. It was set aside: Total Small Business.
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