GETWAB

01 / Contract Profile

2031JG23F00365 Federal Contract Award

Agency code 2044

THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING FOR SERVICES, MAINTENANCE, PARTS, SUPPORT, AND TRAVEL TO ALLOW FOR INVOICE AND PAYMENT

02 / Contract Size and Status

What is the recorded size and timing of this contract?

Net obligations$1.99M
Contract actions3
Potential value$151.3K
Latest actionSep 26, 2025
Effective dateSep 26, 2023
Completion dateAug 27, 2027
NAICS markets1
PSC categories1

03 / Spending Trend

2031JG23F00365 contract spending by fiscal year

Annual net obligations across the complete period available for this agency and PIID, from the first recorded fiscal year through the latest contract action.

Latest fiscal year obligations$151.3K
FY 2025
Net obligationsComplete recorded range
Fiscal yearNet obligationsActionsChange
FY 2023$1.84M1
FY 2024$01−100.0%
FY 2025$151.3K1

04 / Federal Buyer

Which organization manages this contract?

DepartmentContracting agencyContracting office
TREASURY, DEPARTMENT OF THEUNITED STATES MINTUS MINT HEADQUARTERS

05 / Contractor

Who holds this federal contract?

FARASON CORPORATION

UEI GX8ABTC1R494 · CAGE 4J6M5

06 / NAICS Industries

Which industries classify this contract?

CodeDescriptionObligationsActionsShare
333993PACKAGING MACHINERY MANUFACTURING$1.99M3100.0%

07 / Products and Services

What products or services were purchased?

CodeDescriptionObligationsActionsShare
3693INDUSTRIAL ASSEMBLY MACHINES$1.99M3100.0%

08 / Place of Performance

Where is the work recorded?

COATESVILLE, CHESTER, PENNSYLVANIA, UNITED STATES

ZIP 193201897

09 / Contract Actions

What modifications and obligations were recorded?

Signed dateModificationObligationContracting officeNAICSPSC
Sep 26, 2025P00002$151.3KUS MINT HEADQUARTERSOffice code 2031JG3339933693
Feb 23, 2024P00001$0US MINT HEADQUARTERSOffice code 2031JG3339933693
Sep 26, 2023Base action$1.84MUS MINT HEADQUARTERSOffice code 2031JG3339933693

10 / Reading the Contract

How should this award record be interpreted?

Read the PIID as a transaction history, not as a single purchase price. Net obligations combine the base action with later increases, reductions, corrections, and deobligations recorded under the same contract.

01

Verify the buyer

Agency and office identify who manages the procurement relationship.

02

Follow modifications

Each action can change funding, scope, dates, or administrative terms.

03

Compare the market

Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.