United states denver mint bulk coin bags - bag corp

Active Awarded Last action

Contract number
2031JG24F00280
Awardee
Awarding agency
Obligated
$68,190

Award facts

Contract value 100% obligated
$68,190.00 Current and potential, with all options
Completion date 52% complete
Current and potential, with all options
Contracting staff
PSC
8105 Bags And Sacks
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Savoy, TX 75479, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 -$7,900
Original award $76,090

About this award

The United States Mint awarded a delivery order valued at $68,190 to Bag Corp (doing business as Bagcorp), a woman-owned small business manufacturer, on April 25, 2024, for the supply of bulk coin bags. This delivery order, which carries a firm fixed price and no set-aside designation, is expected to be completed by February 28, 2029, and represents performance under Bagcorp's larger Indefinite Delivery Contract with the Mint. The bags will be manufactured and delivered from Bagcorp's Richardson, Texas facility to support the Mint's coin production and distribution operations across its Philadelphia, Denver, and Richardson facilities.

Bagcorp has established itself as a reliable supplier to the United States Mint since receiving federal contract eligibility in 2001, with recent delivery orders ranging from approximately $28,000 to $178,000. The company's current IDC with the Mint, awarded March 1, 2024, carries a $15 million ceiling value through February 2029, allowing the Mint to place orders for bulk coin bags as needed to meet fluctuating demands for circulating coinage production. This contract award underscores the Mint's long-term reliance on Bagcorp's specialized packaging materials to support the nation's coin manufacturing operations.

Quick answers

Who was awarded contract 2031JG24F00280?

2031JG24F00280 was awarded to Bag Corp by United States Mint (Department of the Treasury) on April 25, 2024.

How much is contract 2031JG24F00280 worth?

The government has obligated $68,190 on 2031JG24F00280.

Is contract 2031JG24F00280 an order under another contract?

Yes. 2031JG24F00280 is a delivery order under 2031JG24D00020, an indefinite delivery contract.

Was contract 2031JG24F00280 competed?

The extent of competition for 2031JG24F00280 was full and open competition.

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