FY25 offsite coin storage
Ended Awarded Last action
- Contract number
- 2031JG25F00011
- Awardee
-
Coin Wrap Inc. UEI FQNRJMLJS193
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,833,908
Award facts
- Contract value 100% obligated
- $2,833,908.09 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 493110 General Warehousing and Storage
- 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 | -$166,092 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $3,000,000 |
About this award
The United States Mint awarded a delivery order valued at $2.83M to Coin Wrap Inc., a woman-owned small business headquartered in Middletown, Pennsylvania, for FY25 offsite coin storage services. This delivery order was issued under Coin Wrap's primary indefinite delivery contract with the Mint valued at $40M (awarded July 1, 2021, expiring June 30, 2026), which covers comprehensive coin handling, packaging, processing, and logistics services across the Mint's circulating and commemorative coin programs. The award, made on November 13, 2024, with an ultimate completion date of October 31, 2025, carries a firm fixed-price structure with no set-aside designation. Work will be performed in Washington, D.C., where Coin Wrap maintains offsite storage facilities for the Mint's minted products as part of its broader operational support to federal coin production initiatives.
This modification to the delivery order was executed to de-obligate excess funding remaining on the existing order, representing a standard fiscal management action. Coin Wrap has served as a critical logistics partner to the United States Mint since its SAM.gov registration in 2002, providing specialized services essential to multiple Mint programs including the American Women Quarters Program, Native American $1 Coin Program, and American Innovation $1 Coin Program. The vendor's complementary arrangements with the Mint for coin sampling and offsite storage operations, valued at approximately $350,000 and $7M respectively, underscore the strategic importance of the contractor relationship to the Mint's operational continuity and production schedule management across its diverse coin portfolio.
Quick answers
Who was awarded contract 2031JG25F00011?
2031JG25F00011 was awarded to Coin Wrap Inc. by United States Mint (Department of the Treasury) on November 13, 2024.
How much is contract 2031JG25F00011 worth?
The government has obligated $2,833,908 on 2031JG25F00011.
Is contract 2031JG25F00011 an order under another contract?
Yes. 2031JG25F00011 is a delivery order under 2031JG21D00003, an indefinite delivery contract.
Was contract 2031JG25F00011 competed?
The extent of competition for 2031JG25F00011 was full and open competition.
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