Storage contract FY2024

Ended Awarded Last action

Contract number
2031JG24F00081
Awardee
Awarding agency
Obligated
$3,918,564

Award facts

Contract value 100% obligated
$3,918,564.07 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20001, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00006 · Storage contract FY2024 the purpose of this modification is to DE-obligate excess funding remaining on this order. -$356,436
Other Administrative Action P00005 $0
Other Administrative Action P00004 · Storage contract FY2024 the purpose of this modification is to realign funding in accordance with mint needs. $0
Funding Only Action P00003 · Storage contract FY2024 the purpose of this modification is to 1) add funds and 2) realign funding in accordance with mint needs. $175,000
Other Administrative Action P00002 · Storage contract FY2024 the purpose of this modification is to realign funding in accordance with mint needs. $0
Funding Only Action P00001 · Storage contract FY2024 the purpose of this modification is to add additional funding to the order in accordance with mint needs. $1,100,000
Original award $3,000,000

About this award

Written by GovTribe AI ·

This delivery order modification for the United States Mint's FY2024 Storage Contract represents a de-obligation of excess funding on a Firm Fixed Price contract with a ceiling value of $3.92 million. The award was issued to Coin Wrap Inc., a woman-owned small business based in Middletown, Pennsylvania, with an ultimate completion date of October 31, 2024. The contract carries no set-aside designation and is performed in Washington, DC. Coin Wrap Inc. specializes in comprehensive coin packaging, handling, processing, and storage services and has served as the prime contractor for the Mint's coin-related logistics since at least 2020.

Coin Wrap Inc. operates under three significant indefinite delivery contracts with the United States Mint totaling approximately $47.35 million, which enable the agency to issue delivery orders through June 2025 for specialized coin handling services. The company's capabilities encompass bagging, rolling, wrapping, counting, quality control, and offsite inventory storage of both circulating and numismatic coins, supporting the Mint's mission to manufacture and distribute coins including commemorative series and special programs such as the American Women Quarters Program and Native American $1 Coin Program. This modification's purpose to de-obligate excess funding reflects typical contract administration adjustments to align obligations with actual utilization of storage and processing services.

Quick answers

Who was awarded contract 2031JG24F00081?

2031JG24F00081 was awarded to Coin Wrap Inc. by United States Mint (Department of the Treasury) on November 12, 2023.

How much is contract 2031JG24F00081 worth?

The government has obligated $3,918,564 on 2031JG24F00081.

Is contract 2031JG24F00081 an order under another contract?

Yes. 2031JG24F00081 is a delivery order under 2031JG21D00003, an indefinite delivery contract.

Was contract 2031JG24F00081 competed?

The extent of competition for 2031JG24F00081 was full and open competition.

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