Raw silver
Ended Awarded
- Contract number
- 2031JG24F54007
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,978,795
Award facts
- Contract value 100% obligated
- $13,978,795.12 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, MA 02324, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the delivery of raw silver and silver bullion to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $13,978,795.12, was awarded to Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts. The contract is a delivery order with a firm fixed price and an ultimate completion date of November 6, 2023.
Coins 'N Things, Inc. is a critical supplier of gold and silver bullion for the U.S. Mint's coin production programs, including circulating coins, commemorative coins, and bullion coin programs. The company holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the U.S. Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis. This latest award is one of the firm fixed price delivery orders issued under the IDIQ contract. The contract does not have a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the U.S. government.
Quick answers
Who was awarded contract 2031JG24F54007?
2031JG24F54007 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on October 30, 2023.
How much is contract 2031JG24F54007 worth?
The government has obligated $13,978,795 on 2031JG24F54007.
Is contract 2031JG24F54007 an order under another contract?
Yes. 2031JG24F54007 is a delivery order under 2031JG21D00021, an indefinite delivery contract.
Was contract 2031JG24F54007 competed?
The extent of competition for 2031JG24F54007 was full and open competition. The government received 3 offers.
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