01 / Contract Profile
2031JG24F00010 Federal Contract Award
Agency code 2044
THE PURPOSE OF THIS MODIFICATION IS TO ADD ADDITIONAL FUNDING FOR A BELT DESIGN UPGRADE FOR THE SF MINT ENCAPSULATION J21400
02 / Contract Size and Status
What is the recorded size and timing of this contract?
03 / Spending Trend
2031JG24F00010 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$37.1K
FY 2026Net obligationsComplete recorded range
| Fiscal year | Net obligations | Actions | Change |
|---|---|---|---|
| FY 2023 | $1.42M | 1 | — |
| FY 2024 | $0 | 1 | −100.0% |
| FY 2025 | $181.2K | 2 | — |
| FY 2026 | $37.1K | 1 | −79.6% |
04 / Federal Buyer
Which organization manages this contract?
| Department | Contracting agency | Contracting office |
|---|---|---|
| TREASURY, DEPARTMENT OF THE | UNITED STATES MINT | US MINT HEADQUARTERS |
05 / Contractor
Who holds this federal contract?
FARASON CORPORATION
UEI GX8ABTC1R494 · CAGE 4J6M5
06 / NAICS Industries
Which industries classify this contract?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 333993 | PACKAGING MACHINERY MANUFACTURING | $1.64M | 5 | 100.0% |
07 / Products and Services
What products or services were purchased?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 3693 | INDUSTRIAL ASSEMBLY MACHINES | $1.64M | 5 | 100.0% |
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 date | Modification | Obligation | Contracting office | NAICS | PSC |
|---|---|---|---|---|---|
| Aug 10, 2026 | P00004 | $37.1K | US MINT HEADQUARTERSOffice code 2031JG | 333993 | 3693 |
| Sep 16, 2025 | P00003 | $164.1K | US MINT HEADQUARTERSOffice code 2031JG | 333993 | 3693 |
| Mar 11, 2025 | P00002 | $17.1K | US MINT HEADQUARTERSOffice code 2031JG | 333993 | 3693 |
| Feb 14, 2024 | P00001 | $0 | US MINT HEADQUARTERSOffice code 2031JG | 333993 | 3693 |
| Oct 13, 2023 | Base action | $1.42M | US MINT HEADQUARTERSOffice code 2031JG | 333993 | 3693 |
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.
Verify the buyer
Agency and office identify who manages the procurement relationship.
Follow modifications
Each action can change funding, scope, dates, or administrative terms.
Compare the market
Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.