Jewelry, Art, Antiques & Collectibles (JAAC)

Awarded Limited / Sole Source Justification Posted

Solicitation number
15M50022DA4400016
Agency
Set-aside
No set-aside

Opportunity facts

Contract number
15M50022DA4400016 Federal IDV award
NAICS code
493190 Other Warehousing and Storage
Place of performance
Texas 78660, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The United States Marshals Service intends to increase the funding ceiling for existing contract 15M50022DA4400016 awarded to Gaston & Sheehan Auctioneers, Inc. on a limited sources basis, from $11,738,950 to $16,238,950—an increase of $4.5 million—under authority of 41 USC 3304(a)(1), Unusual and Compelling Urgency.

The contract provides national and international transportation, storage, appraisal, and disposal services for seized and forfeited assets under the Department of Justice Asset Forfeiture Program's Jewelry, Art, Antiques and Collectibles (JAAC) program. The justification cites five factors driving the ceiling increase: increased overall inventory volume; historic market valuation surges in precious metals, with gold prices rising from $1,800–$1,900 per ounce in 2021 to $4,000–$4,100 currently; increased shipping costs and regulations limiting insurable amounts per shipment; unprecedented appreciation in designer brand goods and luxury watches; and increased appraisal expenses. The USMS is conducting a competitive re-procurement expected to conclude by second quarter FY28, and the ceiling increase is necessary to ensure continuity of critical asset custody and disposal operations until a new contract award is in place. The contract is an IDIQ with a 12-month base and four 4-month option periods, initially awarded as a 100% small business set-aside through full and open competition in Fiscal Year 2022. The contract is currently in Option Year 4, with a period of performance from July 1, 2026, to June 30, 2027. An Independent Government Cost Estimate determined the anticipated costs to be fair and reasonable based on current pricing schedules.

Notice text

This requirement includes national and international transportation, storage, appraisal, and disposal services of seized and forfeited assets falling under the Jewelry, Art, Antiques and Collectibles (JAAC) for the United States Department of Justice (DOJ) Asset Forfeiture Program (AFP). The contract supports the DOJ and components that participate in the DOJ Asset Forfeiture Fund (AFF) by providing services for the maintenance of custody management control, and disposal of property and money seized or forfeited.The United States Marshals Service (USMS) is seeking to increase the funding ceiling availability to existing contract 15M50022DA4400016 in accordance with Revolutionary Federal Acquisition Regulation Overhaul (RFO) 6.103-1.

Awarded contract 15M50022DA4400016 to unknown vendor for unknown amount on 2022-06-29.

Files

Notice history

Notice Type Posted
This notice Latest Limited / Sole Source Justification
National Jewelry, Art, Antique, and Collectible (JAAC) Services Award Award Notice
National Jewelry, Art, Antique, and Collectible (JAAC) Services Latest solicitation Solicitation
National Jewelry, Art, Antique, and Collectible (JAAC) Services Original Pre-Solicitation

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