GovChime
IDVSmall business

IDC (single-award IDV) TMHQ17C0041FARASON CORPORATION

Overview

Award facts

Obligated on orders under this IDV
$34.61M
$34,614,714 across 27 orders
Period of performance
From Aug 28, 2017
Modifications
4
Latest action Jul 23, 2025
Contract type
IDC (single-award IDV)
PIID TMHQ17C0041

Description of requirement

CONTRACTOR WILL PROVIDE ROBOTIC PACKAGING MACHINERY TO THE UNITED STATES MINT VIA ISSUANCE OF INDIVIDUAL TASK ORDERS.

Dates and value

Award date
Signed on Aug 22, 2017
Ordering period ends
Aug 27, 2027
Ceiling
Ceiling (single-award vehicle): $42,000,000

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Jul 23, 2025. View on USAspending · Recipient on SAM.gov

Recipient

NameFARASON CORPORATION
LocationCOATESVILLE, PA
UEIGX8ABTC1R494
CAGE code4J6M5
Business sizeSmall businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyFARASON CORPORATION

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of the Treasury
  2. United States Mint
  3. US MINT HEADQUARTERS
Funded by
  1. Department of the Treasury
  2. United States Mint
  3. US MINT HEADQUARTERS
Funded from
Numismatic capitalProgram activities020-4159Federal accounts (agency financial reports)

Classification and competition

Classification

NAICS
333993PACKAGING MACHINERY MANUFACTURING
Product or service (PSC)
3693INDUSTRIAL ASSEMBLY MACHINES (product)

Competition

Extent competed
Full and open competitionA
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
No set-aside used
Contract pricing
Order dependent (IDV allows pricing arrangement to be determined separately for each order)1
Offers received
3

Contract details

Subcontracting plan
Plan not requiredB
Major program
Robotic packaging machinery
Cost Accounting Standards clause
Not applicable exempt from CASX
Certified cost or pricing data
No
Service Contract Act labor standards
No
Commercial procedures
Commercial products/servicesA
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not bundledH
Consolidated requirement
Consolidated requirementsA
Undefinitized action (terms not final)
No
Multi-year contract
Yes

Transaction history

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Synopsized publicly (SAM.gov / FedBizOpps)
No
Simplified procedures for commercial items
No
A-76 (FAIR Act) action
No

Socio-economic and policy

Recovered materials and sustainability
FAR 52.223-4 includedA
Clinger-Cohen Act planning (IT)
No
Walsh-Healey Act (materials and supplies)
No
Construction wage rates (Davis-Bacon)
No

Place and origin

Domestic or foreign entity
U.S. owned businessA

Structure

Award or IDV
IDV
IDV type
IDCB
Indefinite-delivery contract type
Indefinite delivery / indefinite quantityB
Multiple or single award
Single awardS
Awarding agency code
2000
Awarding sub-tier code
2044
Contracting office code
2031JG
Transactions recorded under this award key
5

Funding

Funding agency code
2000
Funding sub-tier code
2044
Funding office code
2031JG
Treasury accounts
  • 020-X-4159-000
Object classes
  • 31.0: Equipment
Disaster or emergency funding (DEFC)
  • Q: Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression