The purpose of this task order is to provide funding for price elasticity research services.

Ended Awarded

Contract number
2031JG25F00035
Awardee
Awarding agency
Obligated
$194,560

Award facts

Contract value 100% obligated
$194,560.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
541910 Marketing Research and Public Opinion Polling
PSC
R422 Support- Professional: Market Research/Public Opinion
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20220, USA

Award details come from SAM.gov/FPDS.

About this award

The U.S. Mint, a civilian agency within the Department of the Treasury, awarded a $194,560 firm-fixed-price delivery order contract to Naxion Inc., a woman-owned small business consulting firm, to provide price elasticity research services. This order is part of a larger $10 million single-award indefinite delivery contract (Contract ID: 2031JG22D00011) established in August 2022, which designates Naxion as the sole prime contractor delivering comprehensive market research and data analytics support to the Mint through December 2027. The contracted services cover a wide range of tasks, including surveys, focus groups, product testing, pricing analysis, and demand forecasting, to help the Mint evaluate past programs, forecast customer demand, and enhance its numismatic product offerings. This centralized research vehicle allows the Mint to efficiently access Naxion's expertise across its coin, medal, and collector programs, supporting the agency's strategic decision-making processes. The contract has no set-aside designation, indicating that Naxion competes for these awards in the open market.

Quick answers

Who was awarded contract 2031JG25F00035?

2031JG25F00035 was awarded to Naxion Inc. by United States Mint (Department of the Treasury) on December 11, 2024.

How much is contract 2031JG25F00035 worth?

The government has obligated $194,560 on 2031JG25F00035.

Is contract 2031JG25F00035 an order under another contract?

Yes. 2031JG25F00035 is a delivery order under 2031JG22D00011, an indefinite delivery contract.

Was contract 2031JG25F00035 competed?

The extent of competition for 2031JG25F00035 was full and open competition.

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